Availability of Funds for Loan Repayment Program for Repayment of Health Professions Educational Loans

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The Administration's budget request for Fiscal Year (FY) 2003 includes $11,923,500 for the Indian Health Service (IHS) Loan Repayment Program (LRP) for health professions educational loans (undergraduate) in return for full-time clinical service in Indian health programs. It is anticipated that $11,923,500 will be available to support approximately 298 competing awards averaging $40,000 per award. This program announcement is subject to the appropriation of funds. This notice is being published early to coincide with the recruitment activity of the IHS, which competes with other Government and private health management organizations to employ qualified health professionals. Funds must be expended by September 30 of the fiscal year. This program is authorized by section 108 of the Indian Health Care Improvement Act (IHCIA) as amended, 25 U.S.C. 1601 et seq. The IHS invites potential applicants to request an application for participation in the LRP.