SANTA FE – Health care professionals in New Mexico may once again apply for the Health Professional Loan Repayment Program (HPLRP).
This program provides up to $25,000 in student loan forgiveness to health care professionals who commit to working in underserved counties of New Mexico for a minimum of three years.
More information about the program and how to apply can be found on the Higher Education Department website.
The application window opens March 15 and closes May 1 at 5 p.m.
“We are determined to support members of critical workforces throughout our state, and there is perhaps no more critical workforce than health care professionals,” said Higher Education Secretary Stephanie M. Rodriguez. “With the unwavering support of the governor and the ongoing commitment of the Legislature, we will continue to make New Mexico a more attractive place for workers – while supporting the needs and well-being of communities throughout our state.”
The loan repayment program has grown significantly as the state strengthens its efforts to recruit and retain high-quality health care professionals. Last fall, the Higher Education Department began providing aid to 524 new awardees under the loan repayment program, bringing the total number of current recipients in the state to 1,269.
The New Mexico Higher Education Department, along with public colleges and universities, provides various scholarships for students pursuing degrees and certificates in health-related fields. However, many working professionals still carry significant college debt, particularly those with advanced medical degrees.
The HPLRP supports over 25 health occupations, including fields critical to the well-being of New Mexico communities that include licensed allied health, medical, and dental fields, to expand assistance to certified and licensed behavioral health professionals.
A full list of eligible professions is available at hed.nm.gov.
For more information about other loan repayment programs in New Mexico, visit hed.nm.gov or call the state’s Financial Aid Help Line at 800-279-9777.