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Texas Loan Repayment Program for Mental Health Professionals

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.

Sponsor
Texas Higher Education Coordinating Board
Deadlines
Oct 31, 2021
Contact

833.597.0454

Online contact form
(Select "financial aid question" as the contact reason.)

Purpose

The Texas Loan Repayment Program for Mental Health Professionals provides loan repayment assistance for certain mental health professionals practicing in mental health professional shortage areas of Texas.

Participants must agree to provide 5 consecutive years of service in an eligible area, with the understanding that they will be released from the agreement if funding for continued loan repayment is not appropriated.

Eligibility

The following mental health professionals may apply for enrollment in the program:

  • Psychiatrists
  • Psychologists
  • Advanced practice nurses who are board certified in psychiatric or mental health nursing
  • Licensed professional counselors
  • Licensed clinical social workers
  • Licensed marriage and family therapists
  • Licensed chemical dependency counselors who have earned an associate degree related to chemical dependency counseling or behavioral science
Geographic coverage
Texas
Amount of funding

Recipients cannot exceed the following maximum award amounts over a period of 5 years:

  • Psychiatrists - $160,000
  • Psychologists and licensed clinical social workers and licensed professional counselors who hold doctoral degrees - $80,000
  • Advanced practice nurses - $60,000
  • Licensed clinical social workers and licensed professional counselors who do not hold doctoral degrees - $40,000
  • Licensed chemical dependency counselors who hold associates degrees - $10,000

The following percentages of the original verified loan balance apply to the award amount for each year of service:

  • 10% in year 1
  • 15% in year 2
  • 20% in year 3
  • 25% in year 4
  • 30% in year 5
Application process

Links to additional information and the online application are available on the program website when applications are being accepted.

Tagged as
Behavioral health · Behavioral health workforce · Loans, loan repayment, and loan forgiveness for health careers · Nurse practitioners and other advanced practice registered nurses · Physicians · Substance use and misuse · Texas



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