Nurse Practitioner Loan Repayment Program
Overview
Loan repayment is made possible by the State of Oklahoma through the Oklahoma Health Care Workforce Training Commission in order to offer the following benefits:
- Assistance to Oklahoma licensed nurse practioners who agree to practice in a communitty located in Oklahoma approved by the Commission.
- Access to medical care and services to Oklahoma citizens in rural and underserved areas with special emphasis to Medicaid and Medicare recipients.
Eligibility
Applicant must:
- Must be licensed to practice medicine in Oklahoma.
- Be a licensed nurse practitioner in a primary care practice includes family medicine, geriatrics, general internal medicine, general pediatrics, obstretics/gynecology, emergency medicine or general surgery.
- Must have legitimate, documented educational loans through an educational loan institution.
- Not have any service obligation that would conflict with this obligation.
- Not be currently practicing in a rural Oklahoma community.
Amount of Loan Repayment
$60,000.00 maximum for three years.
$10,000 at the end of your first year.
$20,000 at the end of your second year.
$30,000 at the end of your third and final year.
This is based on the amount of educational loans to be repaid.
This is a 50% / 50% matching program with the practice community.
Practice Obligation
Participating nurse practitioner must agree to practice medicine at the contracted medical facility and reside in a rural location. The obligation is year to year.
Further Information
Non-Qualifying Communities
Due to the rural aspect of the scholarship, communities near Oklahoma City and Tulsa may not qualify for residency location. To qualify as a rural community, the city must be located in Oklahoma and must fall outside of a 30-mile radius of Tulsa and a 35-mile radius of Oklahoma City. Lawton is also excluded due to its significant population and urban infrastructure.
Application and Contract
Current Participant Documents and Information
Contact
Michelle Cecil
Nursing Program Director
michelle.cecil@hwtc.ok.gov
Oklahoma Health Care Workforce Training Commission
Robinson Renaissance Building
119 North Robinson Avenue, Suite 520
Oklahoma City, OK 73102
T: 405-604-0020
F: 405-768-2263