The purpose of the New Mexico Health Professional Loan Repayment Program (HPLRP) is to provide repayment for outstanding student loans of practicing health professionals. As a condition of the program, a health professional must make a two year service commitment to practice full-time in a designated medical shortage area in New Mexico. The HPLRP is a competitive program. Application to the program does not guarantee funding.
The HPLRP application opens every year on March 15th and closes May 1st. Electronic applications must be completed in full and submitted online by 5:00PM on May 1, 2020. Applications with any documents or information missing will not be reviewed for funding.
The electronic application link will be available below starting on March 15th. The electronic application link will be removed promptly on the closing date of May 1st.
The Health Advisory Committee reviews each individual application, assigning a score using a matrix in the following areas:
The program is federal and state funded. Health Professionals practicing in federal Health Professional Shortage Areas (HPSA) will be offered federal funding first and will receive the highest priority. Health Professionals eligible for state funding only will have the application reviewed by the Health Advisory Committee. The committee will use the approved scoring procedure to rank the applicants.
Payments are made on the quarterly basis to the loan servicer directly upon verification of employment for the quarter.
HPLRP is a serious commitment to the underserved citizens of New Mexico. Therefore, all participants are expected to complete their service obligation. If a program participant does not comply with the terms of the participation agreement, the department shall assess a penalty of three times the amount of the award disbursed, plus eighteen percent interest.
CONTACT US: If you require additional guidance on how to direct your question or are not able to locate the information you are looking for on the New Mexico Higher Education Department's website, please email HigherEd.Info@state.nm.us.