Archive for May, 2012

Faculty Loan Repayment 2012

Posted by CNF President on May 10, 2012  |   No Comments »

The 2012 Faculty Loan Repayment Program application cycle is now open! 

Please help us spread the word that the Faculty Loan Repayment Program (FLRP) application cycle is now open.  The Faculty Loan Repayment Program supports health professions educators who are from disadvantaged backgrounds and serve a vital role in preparing the next generation of healthcare professionals.

Prospective Applicants Should Know:
 

  • The FLRP will provide a lump sum, up to a maximum of $40,000, for a two year service commitment.  In addition, FLRP requires a funding match from the applicant’s health professions school, which helps program participants further reduce their educational debt.
     
  • FLRP participants who have additional qualifying loans once their service commitment is complete may re-apply for another two-year contract in exchange for additional years of service.
     
  • The financial assistance offered through FLRP decreases the economic barriers associated with pursuing a career as a health professions educator preparing the next generation of health professionals.

Applications are due by 5:00 pm ET on June 12, 2012.

As in previous years, the FLRP is expected to be competitive. If there are more qualified applicants than available funding, preference will be based upon:  the amount of financial match from the applicant’s school; full-time faculty status; and faculty who demonstrate a commitment to promoting healthcare careers.

Please direct prospective applicants to the FLRP website at http://www.hrsa.gov/loanscholarships/repayment/Faculty/ for more information and to begin the application process.