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This document is an application form for healthcare providers seeking to re-contract with the Michigan State Loan Repayment Program after fulfilling their initial service obligations.
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How to fill out application to re-contract with
How to fill out APPLICATION TO RE-CONTRACT with the MICHIGAN STATE LOAN REPAYMENT PROGRAM
01
Obtain the APPLICATION TO RE-CONTRACT form from the Michigan State Loan Repayment Program website.
02
Fill out your personal information, including your name, contact details, and employment information.
03
Provide details about your original loan repayment agreement, including loan amounts and terms.
04
Specify the reasons for your re-contract request in the appropriate section.
05
Gather supporting documents that may include proof of residency, income, and any other relevant information.
06
Review the completed application for accuracy and completeness.
07
Sign and date the application form.
08
Submit the application through the specified method (online or by mail) as directed in the instructions.
Who needs APPLICATION TO RE-CONTRACT with the MICHIGAN STATE LOAN REPAYMENT PROGRAM?
01
Healthcare professionals in Michigan who have participated in the loan repayment program and require changes to their repayment agreement.
02
Individuals seeking additional benefits or adjustments due to changes in their employment status or financial situation.
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People Also Ask about
What is a state loan repayment program?
SLRP supports loan repayment awards to health care providers in exchange for service in underserved communities. The American Rescue Plan Act provides funding to expand SLRP to provide grants to current grantees as well as to those States that have not previously participated.
Will I automatically get student loan forgiveness?
If you have loans that have been in repayment for more than 20 or 25 years, those loans may immediately qualify for forgiveness. Borrowers who have reached 20 or 25 years (240 or 300 months) worth of eligible payments for IDR forgiveness will see their loans forgiven as they reach these milestones.
What is the student loan forgiveness program in Michigan?
The Public Service Loan Forgiveness (PSLF) program is a federal program available to Michigan residents working in qualifying public service jobs. After making 120 qualifying payments under an eligible repayment plan, borrowers can have the remaining balance of their federal student loans forgiven.
Who qualifies for the NHSC loan repayment program?
The NHSC LRP is open to licensed primary care medical, dental, and mental and behavioral health providers who are employed or seeking employment at approved sites. You must work in a Health Professional Shortage Area (HPSA) to qualify for this program.
What is the Michigan State loan repayment program?
The Michigan State Loan Repayment Program (MSLRP) helps employers recruit and retain primary medical, dental, and mental healthcare providers by providing loan repayment to those entering into service obligations. This website contains information about the program and how to apply.
What is the Michigan Hardship loan Program?
The program provides up to a $30,000 interest free loan to catch‐up delinquent mortgage payments, property taxes, and/or inium association fees. Program loans are forgivable at 20% each year, as long as the property remains the homeowner's primary residence.
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What is APPLICATION TO RE-CONTRACT with the MICHIGAN STATE LOAN REPAYMENT PROGRAM?
The APPLICATION TO RE-CONTRACT is a formal request made by eligible health professionals to renew their participation in the Michigan State Loan Repayment Program, which assists in repaying educational loans in exchange for commitment to serve in designated underserved areas.
Who is required to file APPLICATION TO RE-CONTRACT with the MICHIGAN STATE LOAN REPAYMENT PROGRAM?
Eligible health professionals who have previously participated in the Michigan State Loan Repayment Program and wish to continue their service obligation must file an APPLICATION TO RE-CONTRACT.
How to fill out APPLICATION TO RE-CONTRACT with the MICHIGAN STATE LOAN REPAYMENT PROGRAM?
To fill out the APPLICATION TO RE-CONTRACT, applicants should gather necessary documentation related to their previous loan repayment arrangements, complete all required sections of the application form accurately, and submit it by the specified deadline to the program administrators.
What is the purpose of APPLICATION TO RE-CONTRACT with the MICHIGAN STATE LOAN REPAYMENT PROGRAM?
The purpose of the APPLICATION TO RE-CONTRACT is to allow current participants to extend their agreement with the program, ensuring continued access to loan repayment benefits in exchange for continued service in underserved communities.
What information must be reported on APPLICATION TO RE-CONTRACT with the MICHIGAN STATE LOAN REPAYMENT PROGRAM?
Applicants must report personal identification information, details of their current employment status, service locations, loan information, and any changes in circumstances since their initial application.
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