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New Mexico Medical Loan For Service Program

New Mexico Higher Education Department
Jul 1, 2020



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.

Geographic coverage
New Mexico
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.

Application process

A link to the application is available on the program website.

Completed applications should be submitted by email to

Tagged as
Loans, loan repayment, and loan forgiveness for health careers · Physicians · New Mexico

For complete information about funding programs, including your 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.