Tennessee Rural Health Loan Forgiveness Program
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|Provided by:||Tennessee Student Assistance Commission (TSAC)|
|The award amount shall not exceed twelve thousand dollars ($12,000) per academic year, or the cost of tuition, mandatory fees, books and equipment, whichever is less. For the purpose of this program, health resource shortage area means an area determined as a health resource shortage area by the Department of Health, Office of Rural Health|
|The Tennessee Rural Health Loan Forgiveness Program is a five-year pilot program. To be eligible, the student must: •Complete the program of study by the end of spring 2013 •Be a Tennessee resident for one year preceding the date of application for this program; •Have complied with the United States selective service system requirement for registration, if such requirements are applicable to the student; •Not be in default on a federal Title IV educational loan or Tennessee educational loan; •Not owe a refund on a federal Title IV student financial aid program or a Tennessee student financial aid program; •Be in compliance with federal drug-free rules and laws for receiving financial assistance; •Not incarcerated; •Meet each qualification relating to this program and applicable to the student •Enroll at an eligible postsecondary institution that has or offers: ◦School of Medicine accredited by the Liaison Committee on Medical Education, or its successor; ■Full-time student seeking the Doctor of Medicine (M.D.) degree ◦School of Medicine accredited by the Bureau of Professional Education of the American Osteopathy Association, or its successor; ■Full-time student seeking the Doctor of Osteopathic Medicine (D.O.) degree ◦School of Dentistry accredited by the Commission on Dental Association, or its successor; ■Full-time student seeking the Doctor of Dental Surgery (D.D.S.) degree ■Full-time student seeking the Doctor of Dental Medicine (D.M.D.) degree ◦Physicians assistance program accredited by the Accreditation Review Commission on Education for the Physician Assistant, or its successor; ■Full-time student seeking to become a physician assistant ◦Nurse practitioner program accredited by the National League for Nursing Accrediting Commission, Inc., or its successor, or the Commission on Collegiate Nursing Education, or its successor; ■Full-time student seeking to become a nurse practitioner Continuation Requirements: •Maintain satisfactory progress in the program of study in which the student is enrolled as defined by the eligible postsecondary institution Loan Forgiveness Requirements: •Agree to practice medicine or dentistry in a health resource shortage area one (1) year for each year of funding in this program after becoming a TN licensed physician, TN licensed dentist, osteopathic physician, physician assistant, or nurse practitioner with a TN certification of fitness •Not accept other financial aid that carries a service obligation after graduation and receipt of applicable license, except for service obligation to the United States armed forces, reserve, or National Guard •Sign a promissory note each year the scholarship is awarded stipulating the repayment obligation if service requirement is not met. All funds obtained from this program shall be repaid with interest at 9% per annum ◦Exception: Documented evidence to support death or permanent disability making it impossible for the student to repay Tennessee Rural Health Loan Forgiveness Programs Eligible Institutions and (Fact Sheet|
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