1 / 10

NIH Extramural Loan Repayment Programs An Overview: 2008 By Division of Loan Repayment Office of Extramural Research/Off

NIH Extramural Loan Repayment Programs An Overview: 2008 By Division of Loan Repayment Office of Extramural Research/Office of Extramural Programs National Institutes of Health U.S. Department of Health and Human Services. Introduction. You: Commit to perform research for initial 2 years.

edward
Download Presentation

NIH Extramural Loan Repayment Programs An Overview: 2008 By Division of Loan Repayment Office of Extramural Research/Off

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. NIH Extramural Loan Repayment Programs An Overview: 2008 By Division of Loan Repayment Office of Extramural Research/Office of Extramural Programs National Institutes of HealthU.S. Department of Health and Human Services

  2. Introduction You: Commit to perform research for initial 2 years NIH: Repays up to $35,000 per year of your qualified educational debt and covers the resulting taxes Increase nation’s workforce of biomedical research scientists

  3. Tuition and Young Physician Indebtedness • Medical school tuition growth (1984-2004, Median tuition and fees) • 165% increase for privatemedical schools • 312% increase for public medical schools • Medical student debt growth (1984-2006, Median debt level) • Public Medical School Students • $22,000in 1984 • $120,000in 2006 • Private Medical School Students • $27,000in 1984 • $160,000 in 2006

  4. Five Extramural LRPs • Clinical Research • Pediatric Research • Health Disparities Research • Contraception and Infertility Research • Clinical Research for Individuals from Disadvantaged Backgrounds

  5. LRP Benefits and Terms Benefits • Up to $35,000 per year in loan repayments, depending on debt level • Reimbursement of Federal, state, and local taxes resulting from NIH loan repayment • LRP awards are portable and can be transferred Terms • Initial: 2 years • Renewal Options: 1 and 2 years

  6. Eligibility • Doctoral degree (M.D., Ph.D., or equivalent) • Funding for research at anydomestic nonprofit, university, or government organization • Educational loan debt equal to at least 20% of your annual salary • Conduct research for an average of 20 hours/week • U.S. Citizen or permanent resident *NIH grant or award support NOT required*

  7. Qualifying Loans and Repayment • NIH will repay: • Educational loans backed by the U.S. Government • Educational loans from accredited U.S. academic institutions and commercial lenders • Note: Full-time NIH employees are eligible for Intramural LRPs

  8. Online Information and Application www.lrp.nih.gov Annual Application Cycle September 1 - December 1

  9. LRP Peer Review Criteria • Previous training and experience • Commitment to a research career • Recommendation letters • Research independence • Research environment and facilities • Assessment of research progress during initial contract term (for renewal applications)

  10. Contact Information • Visit our Website: www.lrp.nih.gov • Call the DLR Information Center: (866) 849-4047 • Send an E-mail to: LRP@nih.gov • Sign up for the LRP Listserv on the LRP Website

More Related