About the Scholarship

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. As a condition of each loan, the student shall declare his/her intent to practice as a health professional in a designated shortage area within the state of New Mexico. For every year of service provided in a designated shortage area within New Mexico, a portion of the loan will be forgiven. If the entire service agreement is fulfilled, 100% of the loan is eligible for forgiveness. Penalties will be assessed if the service agreement is not satisfied. Application requirements for the New Mexico Medical Loan for Service Program are:EssayRecommendation letterApplication formOfficial TranscriptAcceptance letter Copy of driver's license

Eligibility Criteria

This award is for U.S. students. Must be a resident of New Mexico. Must be accepted into the University of New Mexico School of Medicine. Must be a U.S. citizen or permanent resident. Must declare his/her intent to practice as a health professional in a designated shortage area within the state of New Mexico. Designated shortage areas are as follows: community health centers; federally qualified health centers; homeless healthcare centers; Indian health service; migrant health centers; non-profit centers/clinics (501(c)3 IRS verification required); non-profit hospitals (501(c)3 IRS verification required); rural health clinics. Must enroll at least half time.In order to qualify, students must meet the following criteria:Sign Up To View

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