NIH Loan Repayment Programs

[Guest guest]

http://www.lrp.nih.gov/about/lrp-clinical.htm

 

 

 

 

Chinese Herbs

 

 

 

 

 

 

 

 

 

[Guest guest]

Good catch Todd. Any idea if any of these are non-Western Med research? A good

way to

pay for DAOM?

doug

 

 

first part of the article...

 

Clinical Research Loan Repayment Program

 

The Clinical Research LRP is a vital component of our nation's efforts to

attract health

professionals to careers in clinical research.

 

In exchange for a two-year commitment to your clinical research career, NIH will

repay up

to $35,000 per year of your qualified educational debt, pay an additional 39% of

the

repayments to cover your Federal taxes, and may reimburse state taxes that

result from

these payments.

 

In Fiscal Year 2002, this program was restricted to researchers with NIH grants.

Since FY

2003, NIH broadened eligibility to all doctoral-level clinical researchers with

a domestic

nonprofit or U.S government (Federal, state or local) funding. To participate,

you must

conduct clinical research for 50% or more of your total level of effort for an

average of at

least 20 hours per week during each quarterly service period. That is, during

each quarter

of the two-year LRP contract period, you must conduct the required research for

a

minimum of 240 hours (based on a 12-week quarter) or 260 hours (based on a

13-week

quarter). The research must be funded by a domestic nonprofit or U.S. Government

(Federal, state or local) entity. . Also, the research must not be prohibited by

Federal law or

NIH policy. [Click here for additional eligibility criteria.]

 

More than 1,200 new and nearly 700 renewal applications were submitted to the

Clinical

Research LRP in FY 2005. Nearly 40 percent of the new applications and nearly 70

percent

of the renewal applications were funded. In FY 2005, more than 50 percent of

awards went

to applicants with M.D. or M.D./Ph.D. degrees. Also, the majority of the

participants had

received their doctoral degrees within the past five years.

 

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