Minnesota Allied Health Care Faculty Loan Forgiveness Guidelines
Application materials: The Minnesota Health Care Loan Forgiveness program cycle is now CLOSED and will re–open again for new applications on November 1, 2021.
This program is offered to students studying to become allied health instructors, who plan to teach in the allied health field in a postsecondary program in Minnesota. A prospective participant must submit an application to ORHPC during the open application cycle while completing a masters or doctoral program.
The Allied Faculty Loan Forgiveness Program provides funds for repayment of Qualified Educational Loans. Qualified Educational Loans include government, commercial, and foundation loans for actual costs paid for tuition, reasonable education and living expenses related to the past graduate or undergraduate education of the allied health educator. Credit card debt or loans from family members do not qualify. Parent PLUS loans do not qualify.
Loans in current or active default are NOT eligible for forgiveness in this program, even if considered in good standing with the collections agency. Previously defaulted loans that have since been completely rehabilitated and are not currently in active default status are eligible.
Participants must begin their service obligation under this program no later than March 31 following completion of their master’s or doctoral program. Participants must complete their master’s or doctoral program as originally stated in their application.
Participants are eligible to participate for up to four years of loan forgiveness during which they teach at least twelve credit hours, or 720 hours per year (including prep time) as allied health faculty in a postsecondary program. The ORHPC will make an annual payment to the participant in the amount of $11,000, not to exceed $44,000 total for the maximum four–year period or the balance of the designated loan(s), whichever is less subject to the availability of funds appropriated by the Minnesota State Legislature for the loan forgiveness program.