Medical Loan-for-Service Program

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Below is general information on the Medical Loan-for-Service Program. For more detailed information on this program, please visit their website from the link below.

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Program Information
Program Name: Medical Loan-for-Service Program
Program Type: Loan Program
Program State or Other: NM
Program Funding Source: State
Program Description: The purpose of the Medical Loan-For-Service is to increase the number of physicians in the state which have experienced shortages of health professionals by making educational loans to students entering medical school.
Eligible Specialties: Medical students
Service Requirements: The student shall declare his/her intent to practice as a health professional in a designated shortage area within the state of New Mexico.
Deadline/Application Cycle: The application opens every year on May15th and closes on July 1st.  
Amount:  The award may not exceed $25,000 per year.
Additional Information: Award may be renewable for up to four years if application is submitted each year.

Contact: 
Heather Romero
New Mexico Higher Education Department
(800) 279-9777
fin.aid@state.nm.us

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