Each site is required to match the awarded grant, on a dollar for dollar basis, up to $2. The award amount may vary due to the amount of provider's debt. The provider will need to consult with the practice site to determine if the site will provide the matching award. Frequently Asked Questions. If a provider is awarded by SLRP, what are the service agreement obligations? All SLRP awardees must.
Meet the weekly hour requirements for the service commitment. Apply the entire award amount (SLRP funds and the matching funds provided by the site) to eligible student loan debt during the awardee’s service dates. Submit official lender statements at the end of the awardee's service obligation showing all award funds were applied to qualifying student loan debt.
Can a provider apply for more than one scholarship or loan repayment program at once? A provider may apply for more than one scholarship/loan repayment program at once. If awarded, a provider may only accept one service obligation at a time. What types of loans qualify as eligible educational debt under SLRP? Government and commercial loans obtained by the applicant for undergraduate and graduate health professions degree qualify for SLRP. Qualifying commercial lending institutions are those subject to examination and supervision by an agency of the United States, or by the State in which the institutions have their place of business.
SLRP does not include interest on educational loans as eligible sources of loan repayment. The following types of debt are not considered eligible under the program: loans that are in default, credit card debt, Primary Care Loans, personal lines of credit, and loans repaid in full. Eligible educational loans consolidated with loans owed by any other person, such as a spouse, are ineligible for repayment. For loans to remain eligible, applicant/participants must keep their eligible educational loans segregated from other debts.
If a facility is not currently located in a HPSA, how does it receive a HPSA designation? Does SLRP staff aid with job placement at SLRP Practice Sites? When does the annual application cycle occur? The SLRP annual application cycle opens on August 1 and closes on October 1 (subject to change). Vanilla Sky Torrent Download Dublado 1977.
When does a current SLRP provider apply for an extension agreement? A current SLRP provider may apply for an extension agreement during the regular annual application cycle. However, an awardee may be unable to apply for an extension if the current service dates overlap with the dates set for the new agreements. What criteria are used to select award recipients for SLRP? Application scores depend on the applicant's work experience with medically underserved communities, cultural and linguistic competence, and career goals. Although applicants are not required to be bilingual, bilingual applicants are favored. SLRP also favors extension agreements from compliant awardees.
When will applicants be notified about their award statuses? Applicants will be notified about their award statuses after the application cycle has closed and all applications have been scored. The application cycle lasts 6. How soon are payments disbursed to awardees following the start of their agreements?
SLRP award payment dates vary from year to year. The disbursement of the first SLRP check will depend upon the awardee’s agreement dates and terms. Are SLRP awards considered to be taxable income? Federal funds and matching state funds, used to support SLRP, are exempt from federal income and employment taxes.
Is an awardee required to apply all award funds to loan debt immediately upon receiving them? An awardee is required to apply all award funds (those awarded by SLRP, and the site’s matching amount) to student loan debt by the end of the service obligation. They can choose to allocate those funds however they wish (e. Regardless of how an awardee allocates the award funds, it is the provider’s sole responsibility to ensure they make the required monthly payments to lenders. The awardee must notify SLRP at least 3. The new site must meet all of SLRP’s requirements.
What happens if an awardee needs additional time off (maternity/paternity leave, emergency medical leave, FMLA, etc.)? If an awardee needs additional time off (other than that provided under the agreement), the awardee must contact SLRP immediately; awardees’ requests can be accommodated by extending agreement end dates to ensure that the original service obligation is still met. What happens if an awardee is unable to fulfil the terms of the agreement? An awardee that breaches the agreement with SLRP will be responsible for repaying an amount equal to the sum of the following: $7,5. Interest on the above amounts (the amount OSHPD is entitled to recover shall not be less than $3. If an applicant has been working in a qualified facility for several years already, can credit be received for time already served if they are awarded?
No. An awardee will only receive credit for time served after a service obligation has begun. If an applicant is selected to be a SLRP awardee, how many times can they reapply? An awardee is eligible to participate in SLRP for as long as they have student loan debt. SLRP favors retention at our approved Practice Sites, so extension agreements are encouraged. Do applicants need to submit entirely new applications each time they apply for SLRP? Yes. Applicants are required to submit entirely new applications every time they apply for a new or extension agreement with SLRP. What other loan repayment programs are there for providers?
This page was last updated on Friday, August 1.
Salaries, Average Salary & Jobs Pay. Based on your input and our analysis. All fields are required for calculation accuracy.