Wednesday, August 30, 2017

NIH Loan Repayment Program

The NIH Loan Repayment Programs (LRPs) are a set of programs established by Congress, designed to recruit and retain highly qualified health professionals into biomedical or biobehavioral research careers. The escalating costs of advanced education and training in medicine and clinical specialties are forcing some scientists to abandon their research careers for higher-paying private industry or private practice careers.

The LRPs counteract that financial pressure by repaying up to $35,000 annually of a researcher's qualified educational debt in return for a commitment to engage in NIH mission-relevant research. Awardees can receive up to $70,000 of qualified educational debt repayment with a two-year contract. This year's application cycle opens on Friday, September 1st. See the LRP website for more information: lrp.nih.gov.

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