New Mexico Medical Loan for Service Program
This funding record is inactive. Please see the program website or contact the program sponsor to
determine if this program is currently accepting applications or will open again in the future.
New Mexico Higher Education Department
The New Mexico Medical Loan for Service Program offers
forgivable loans to medical students who agree to
practice in an underserved area of New Mexico upon
completion of their education.
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.
New Mexico residents who are accepted into a medical
school within New Mexico are eligible to apply.
Amount of funding
The award is based on financial need of the student.
Awards cannot exceed $25,000 per year, renewable for up to 4 years.
Loans, loan repayment, and loan forgiveness for health careers · Physicians · New Mexico
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application status, please contact funders directly. Summaries are provided
for your convenience only. RHIhub does not take part in application processes
or monitor application status.