The NHSC Loan Repayment Program is competitive. The program plans to offer 2,500 awards to eligible candidates in 2019.
In this regard, do you pay taxes on NHSC Loan Repayment?
In return, the NHSC LRP assists clinicians with repayment of their outstanding qualifying educational loans. By statute, NHSC LRP funds are exempt from federal income and employment taxes.
If you feel you can no longer continue working at your current NHSC-approved site, discuss the situation and/or concerns with your NHSC-approved site management and contact us immediately through the BHW Customer Service Portal.
Keeping this in view, how competitive is the NHSC?
The NHSC scholarship application process is highly competitive. Each year, there are more than 1,800 applications from hundreds of schools from across the country. Approximately 10 percent of the applicants receive the scholarship award.
How many NHSC scholarships are awarded?
The NHSC scholarship application process is highly competitive. Each year, there are more than 1,800 applications from hundreds of schools from across the country. Approximately 10 percent of the applicants receive the scholarship award.
How many people get NHSC?
Seventeen million people receive care from nearly 20,000 clinicians serving at NHSC-approved sites in urban, rural, and tribal communities.
How much is the NHSC Loan Repayment?
The NHSC will pay up to $20,000 ($25,000 with DATA 2000 waiver) for the first additional year of full-time clinical practice defined as no less than 40 hours per week, for a minimum of 45 weeks a year. 2) Half-Time Clinical Practice.
Is NHSC hard to get?
Medical students (MD/DO) committed to primary care are eligible to receive tuition, reasonable school-related expenses and a stipend from NHSC. … The process is competitive, with around ten percent of applicants receiving scholarship.
What are NHSC sites?
The following site types are eligible to become NHSC-approved:
- State Prison.
- Centers for Medicare & Medicaid Services Certified Rural Health Clinics (PDF – 1 MB) …
- Critical Access Hospitals (CAH)
- Community Mental Health Centers (CMHC)
- State or Local Health Departments.
- Community Outpatient Facilities.
What Hpsa qualifies for loan repayment?
What is a loan repayment?
Repayment is the act of paying back money borrowed from a lender. Repayment terms on a loan are detailed in the loan’s agreement which also includes the contracted interest rate. Federal student loans and mortgages are among the most common types of loans individuals end up repaying.
What is an HRSA loan?
National Health Service Corps (NHSC) Programs: https://nhsc.hrsa.gov. … The NHSC Loan Repayment Program (NHSC LRP) awards up to $50,000 in exchange for a two-year commitment to provide primary medical, dental or mental/behavioral health care at approved sites in high-need, underserved areas.
What is Fqhc?
Federally Qualified Health Center (FQHC)
FQHCs are outpatient clinics that qualify for specific reimbursement under Medicare and Medicaid. FQHCs include Health Center Program awardees and look-alikes as well as certain outpatient clinics associated with tribal organizations.
What is the Federal Student Loan Repayment Program?
The Federal student loan repayment program permits agencies to repay Federally insured student loans as a recruitment or retention incentive for candidates or current employees of the agency.
What specialty qualifies for NHSC?
Primary Care Medical
| Disciplines | Specialties |
|---|---|
| Physicians Allopathic (MD) Osteopathic (DO) | Family Medicine General Internal Medicine General Pediatrics Obstetrics/Gynecology Geriatrics |
| Physician Assistants (PA) Nurse Practitioners (NP) | Adult Family Pediatric Women’s Health Geriatrics |
| Certified Nurse-Midwives (CNM) | N/A |