1. NIH LOAN REPAYMENT PROGRAMS NIH Extramural Loan Repayment Programs An Overview: 2008 By Division of Loan Repayment Office of Extramural Research/Office of Extramural Programs National Institutes of Health U.S. Department of Health and Human Services

2. NIH LOAN REPAYMENT PROGRAMS Introduction Increase nation’s workforce of biomedical research scientists NIH: Repays up to $35,000 per year of your qualified educational debt and covers the resulting taxes NIH: Repays up to $35,000 per year of your qualified educational debt and covers the resulting taxes You: Commit to perform research for initial 2 years You: Commit to perform research for initial 2 years 2

3. NIH LOAN REPAYMENT PROGRAMS Medical school tuition growth (1984-2004, Median tuition and fees)  165% increase for private medical schools  312% increase for public medical schools Medical student debt growth (1984-2006, Median debt level)  Public Medical School Students  $22,000 in 1984  $120,000 in 2006  Private Medical School Students  $27,000 i n 1984  $160,000 in 2006 Tuition and Young Physician Indebtedness 3

4. NIH LOAN REPAYMENT PROGRAMS Five Extramural LRPs 4  Clinical Research  Pediatric Research  Health Disparities Research  Contraception and Infertility Research  Clinical Research for Individuals from Disadvantaged Backgrounds

5. NIH LOAN REPAYMENT PROGRAMS LRP Benefits and Terms Benefits  Up to $35,000 per year in loan repayments, depending on debt level  Reimbursement of Federal, state, and local taxes resulting from NIH loan repayment  LRP awards are portable and can be transferred Terms  Initial: 2 years  Renewal Options: 1 and 2 years 5

6. NIH LOAN REPAYMENT PROGRAMS Eligibility  Doctoral degree (M.D., Ph.D., or equivalent)  Funding for research at any domestic nonprofit, university, or government organization  Educational loan debt equal to at least 20% of your annual salary  Conduct research for an average of 20 hours/week  U.S. Citizen or permanent resident *NIH grant or award support NOT required* 6

7. NIH LOAN REPAYMENT PROGRAMS Qualifying Loans and Repayment NIH will repay:  Educational loans backed by the U.S. Government  Educational loans from accredited U.S. academic institutions and commercial lenders Note: Full-time NIH employees are eligible for Intramural LRPs 7

8. NIH LOAN REPAYMENT PROGRAMS Online Information and Application www.lrp.nih.gov Annual Application Cycle September 1 - December 1 Annual Application Cycle September 1 - December 1 8

9. NIH LOAN REPAYMENT PROGRAMS 1.Previous training and experience 2.Commitment to a research career 3.Recommendation letters 4.Research independence 5.Research environment and facilities 6.Assessment of research progress during initial contract term (for renewal applications) LRP Peer Review Criteria 9

10. NIH LOAN REPAYMENT PROGRAMS  Visit our Website: www.lrp.nih.gov  Call the DLR Information Center: (866) 849-4047  Send an E-mail to: LRP@nih.gov  Sign up for the LRP Listserv on the LRP Website Contact Information 10