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National Institutes of Health Pediatric Research Loan Repayment Program - (NIH Pediatric Research Loan Repayment Program PR-LRP) - #93.285

Direct Payments For A Specified Use

For initial 2-year contract periods, loan repayment of 50 percent of education debt up to $70,000 plus tax payments. For renewal contracts, loan repayment of 50 percent of education debt per year up to $35,000 per year.

Assistance is available for a minimum 2-year period. One or 2-year continuation contracts are available for eligible individuals whose renewal applications score within the funding range. Payments will be made directly to lenders, following each quarter of the participant's satisfactory service, unless otherwise agreed upon by the participant and Secretary of Health and Human Services. Method of awarding/releasing assistance: quarterly.

> 180 Days. At the conclusion of the initial 2-year contract, participants may apply and be considered for subsequent 1 or 2-year continuation contracts under the application and approval procedures specified above. Eligible renewal applications that score within the funding range receive continuation contracts.

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