Minnesota Dentist Loan Forgiveness Guidelines
Current cycle: 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 dental students, residents or licensed dentists, who plan to serve/are serving at least 25 percent of their annual patient encounters to state public program enrollees or patients receiving a sliding fee schedule in Minnesota. A prospective participant must submit an application to the ORHPC during the open application cycle as a practicing dentist or while completing dental school or residency training.
The Dentist 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 Dentist. 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 are required to practice for at least 30 hours per week, for at least 45 weeks per year, for a minimum of three years as a dentist serving at least 25 percent of their annual patient encounters to state public program enrollees or patients receiving a sliding fee schedule
Participants must begin their service obligation under this program no later than March 31 following completion of their dental program. Participants must complete their dental program as originally stated in their application.
Participants are eligible to participate for up to four years in the program during which they practice as a dentist serving at least 25 percent of their annual patient encounters to state public program enrollees or patients receiving a sliding fee schedule. The ORHPC will make an annual payment to the participant in the amount of $40,000, not to exceed $160,000 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.