Healthcare Mergers, Acquisitions & Ventures Week
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Army Medical Department
U.S. Army Increases Medical Loan Repayment Benefits
February 2nd, 2008
Physicians who have joined the Army Medical Corps now have more financial assistance in paying their education loan debt. The Army's Active Duty Health Professions Loan Repayment Program (ADHPLRP) provides up to $114,900 for repayment of qualified educational loans. The maximum annual repayment for FY08 $38,300 (pre-tax dollars) is contributed over a maximum of three years based on original loan balance. Under the program, qualifying loans for repayment may include tuition, principal, interest, school and related living expenses. Applicants must meet all other ADHPLRP eligibility, enrollment and administrative requirements. The active duty obligation...
Source: Healthcare Mergers, Acquisitions & Ventures Week (2008-02-02)
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