NIH Loan Repayment Programs: A Lifeline for Biomedical and Biobehavioral Researchers: Applications Accepted September 1 – November 15

By the time many researchers have completed their education and training, they have amassed on average $160,000 in student loan debt.  The NIH Loan Repayment Programs (LRPs) are a set of programs established by Congress and designed to recruit and retain highly qualified health professionals into biomedical or biobehavioral research careers. The LRPs counteract early-career researchers’ financial pressure by repaying up to $35,000 annually ($70,000 over a two-year contract) of a researcher’s qualifying educational debt in return for a commitment to engage in research areas important to the mission of NIH. Nearly 1,400 scientists benefit from the $68 million NIH invests each year through the extramural LRPs. On average, nearly 50% of all new LRP applications are funded, and these awards are competitively renewable (for a one or two-year period) until all educational debt is repaid. The NIH LRPs application cycle is open from September 1 – November 15, 2018, so NOW is the time to learn more about the five extramural NIH LRPs and apply for your lifeline TODAY. Extramural NIH Loan Repayment Programs: Clinical Research Extramural LRP Pediatric Research Extramural LRP Health Disparities Research Extramural LRP Contraception and Infertility Research Extramural LRP Clinical Research for Individuals from Disadvantaged Backgrounds Extramural LRP Basic Extramural LRP Eligibility: U.S. citizen or permanent resident Doctoral Degree Have student loan debt at least 20% of yo...
Source: NIH Extramural Nexus - Category: Research Authors: Tags: blog Open Mike Biomedical Workforce loan repayment program LRP Source Type: funding