Rural Iowa Primary Loan Repayment Program
The Rural Iowa Primary Care Loan Repayment Program was established to address critical doctor shortages in rural Iowa communities. The program provides loan repayment incentives to individuals that practice in specified locations for up to five years. The maximum award for this program is $200,000, which is paid in five increments toward outstanding Federal Subsidized Stafford, Unsubsidized Stafford, Graduate PLUS and Perkins Loan balances at the end of each 12 month employment period. Primary Care Loan Repayment Fact Sheet
A student is eligible to apply to enter into a program agreement if he or she:
- Attends the Des Moines University College of Osteopathic Medicine or the University of Iowa Carver College of Medicine.
- Is enrolled full-time in a program leading to a doctor of medicine degree or a doctor of osteopathy degree.
- Receives a recommendation from his or her college contact.
- A limited number of applicants will be recommended to complete the agreement.
A student who meets the above eligibility requirements must sign an agreement in the final year of his or her program of study agreeing to fulfill the following requirements:
- Matriculate in and graduate from Des Moines University College of Osteopathic Medicine or the University of Iowa Carver College of Medicine;
- Complete an Iowa-based residency program (an accredited medical residency located in Iowa, view list below);
- Become licensed and employed in the practice of medicine and surgery or osteopathic medicine and surgery, specializing in family medicine, pediatrics, psychiatry, internal medicine or general surgery within nine months of completing residency.
- Work for a minimum of 5 consecutive years in an eligible service commitment area following completion of residency.
Service Commitment Area
An eligible service commitment area is:
- An Iowa city with a population less than 26,000 located more than 20 miles from a city with a population of at least 50,000 (see map below).
- Service commitment areas must provide a $20,000 matching contribution to a trust fund held by the state of Iowa that will fund future recipient awards
Upon receipt of an Iowa license and secured employment, loan repayment awards will be paid directly to the student loan lender. Up to $40,000 can be paid annually to eligible student loan balances for up to five years. Federal loans eligible for repayment include all Subsidized Stafford, Unsubsidized Stafford, Graduate PLUS and Perkins Loans. Priority will be given to eligible students who are residents of Iowa. If an applicant signs an agreement but fails to meet the program criteria prior to receiving a loan repayment award, the applicant has no further employment requirement under the agreement.
Eligible Residency Locations (as of fall 2013)
|Cedar Rapids||Cedar Rapids Medical Education Foundation||Family Medicine||Allopathic|
|Davenport/Bettendorf||Genesis Medical Center||Family Medicine||Allopathic|
|Davenport/Bettendorf||Trinity at Terrace Park||Family Medicine||Osteopathic|
|Des Moines||Broadlawns Medical Center||Family Medicine||Allopathic|
|Des Moines||Iowa Lutheran Hospital||Family Medicine||Allopathic|
|Des Moines||Mercy Medical Center - Des Moines||Family Medicine||Allopathic|
|Iowa City||University Hospitals and Clinics||Family Medicine||Allopathic|
|Mason City||Mercy Medical Center||Family Medicine||Allopathic|
|Sioux City||Siouxland Medical Education Foundation||Family Medicine||Allopathic|
|Waterloo||Northeast Iowa Medical Education Foundation||Family Medicine||Allopathic|
|Iowa City||University Hospitals and Clinics||Family Medicine/Psychiatry||Allopathic|
|Des Moines||Iowa Methodist Medical Center||General Surgery||Allopathic|
|Des Moines||Mercy Medical Center||General Surgery||Osteopathic|
|Iowa City||University Hospitals and Clinics||General Surgery||Allopathic|
|Des Moines||Iowa Methodist Medical Center||Internal Medicine||Allopathic|
|Des Moines||Mercy Medical Center||Internal Medicine||Osteopathic|
|Iowa City||University Hospitals and Clinics||Internal Medicine||Allopathic|
|Mason City||Mercy Medical Center||Internal Medicine||Osteopathic|
|Iowa City||University Hospitals and Clinics||Internal Medicine/Psychiatry||Allopathic|
|Des Moines||Iowa Methodist Medical Center||Pediatrics||Allopathic|
|Iowa City||University Hospitals and Clinics||Pediatrics||Allopathic|
|Iowa City||University Hospitals and Clinics||Psychiatry||Allopathic|
|Iowa City||University Hospitals and Clinics||Psychiatry - Child & Adolescent||Allopathic|