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"Allied Health Loan-For-Service Program" is currently closed and not accepting applications.
Allied Health Loan-For-Service Program is sponsored by New Mexico Higher Education Department. Provides educational loans to students in designated allied health fields, with loan forgiveness for service in shortage areas within New Mexico.
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Allied Health Loan-For-Service Program | NM Higher Education Department | NM Higher Education Department Allied Loan-For-Service Program The purpose of the Allied Health Loan-For-Service is to increase the number of physician assistants in areas of the state which have experienced shortages of health practitioners, by making educational loans to students seeking certification/licensure in an eligible health field which include the following: Speech-Language Pathology Mental Health-Social Services Emergency Medical Services As a condition of each loan, the student shall declare his/her intent to practice as a health professional in a designated shortage area within the state of New Mexico.
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. Penalties will be assessed if the service agreement is not satisfied.
New Mexico Resident (12 consecutive months) Attend a public post-secondary institution in New Mexico Undergraduate or Graduate Enrolled at least half-time Demonstrate financial need (meeting all FAFSA & SAP requirements) Student must declare his/her intent to practice as a health professional in a designated shortage area within the state of New Mexico Student shall complete the FAFSA; Complete the Loan-For-Service Application electronically on the Submittable Platform; Current program recipients will need to apply each year for funding.
The application opens every year on May 15th and closes on July 1st. The application link will be available on this page (below) starting May15th and will be removed from the page on the closing date of July 1st . The award is based on financial need of the student.
The award may not exceed $16,000. 00 per year. The award is for a period of one year but may be renewable for up for four years upon resubmission of an application each year.
Community Health Centers; Federally Qualified Health Centers; Homeless Healthcare Centers; Non-profit centers/clinics – 501 (c ) 3 IRS verification must be provided; Non-profit Hospitals – 501 ( c) 3 IRS verification must be provided; The Allied Loan-For-Service Program Application will close on July 1, 2026. Please email any questions to fin. aid@hed.
nm. gov NMHED, Financial Aid Division Contact Information Email: fin. aid@hed.
nm. gov 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 send us a message .
According to the current listing, eligibility includes: New Mexico residents attending public post-secondary institutions, enrolled at least half-time, with financial need, and committed to practicing in designated shortage areas. Confirm the full requirements in the official notice before applying.
The current listing shows up to $16,000 per year. Verify award ceilings, matching requirements, and allowable costs in the official notice.
The published deadline was July 1, 2026, which has passed. Check the official notice for any future application windows before investing time in a proposal.
Allied Health Loan-For-Service Program is funded by New Mexico Higher Education Department. Verify program details on the funder's official page before applying.
This opportunity targets applicants in New Mexico. If your organization operates elsewhere, check the official notice for location requirements.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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