• Virtually all programs are competitive—if recruiters and/or employers imply that
such an award is guaranteed it probably is a community-based program, and
these offers should be received in writing.
• Penalties for defaulting are generally severe.
• Federal and state loan repayment programs are restricted to U.S. citizens,
but community-based or hospital/health system-based programs may welcome
foreign medical graduates.
• 3RNet members are excellent resources since they are aware of federal, state,
and local programs, which is important since regulations for one program may
prohibit the use of another.
Do not choose an opportunity just because it provides
repayment. Choose an opportunity and consider repayment
a bonus. A loan repayment program should not be the only
factor when choosing a job.