New York Medical College

Admissions & Financial Aid

Loan Forgiveness

Many loan forgiveness and repayment programs have been developed to help physicians repay a portion of the high debt accrued during their borrowing years. Under a contracted agreement, the physician will agree to practice in an underserved area of the country that is in desperate need of physicians for partial student loan repayment. The Association of American Medical Colleges has published a reference guide, "State and Other Loan Repayment/Forgiveness and Scholarship Programs," which explains, in detail, the Loan Forgiveness and Repayment Program in all 50 states, the District of Columbia and Puerto Rico. The guide explains each program and lists phone numbers for requesting more information about a particular program. You can also check the AAMC's website regarding these programs.  This book is available for you to review in the Office of Student Financial Planning, or you can write or call to request your own copy:

 
Section for Student Programs
Division of Student Affairs and Education Services
Association of American Medical Colleges
2450 N Street, NW
Washington, DC 20037-1126
Phone: (202) 828-0680/1 Fax: (202) 828-1125

*Please note: All terms in bold/italic appear on our Glossary page.