Who It’s For: Mental health professionals who agree to work for five consecutive years in a mental health professional shortage area and provide direct patient care to Medicaid enrollees and/or Texas Children’s Health Insurance Program (CHIP) enrollees.
How to Apply: You can find the application on their website, but only during the active enrollment period.
What Loans Qualify: Most loans (including federal, state, and private) should qualify, as long as they were used to pay for your higher education and can be verified with a legitimate promissory note.
How Much?: Varies depending on the applicant’s specific area of practice and level of education. For example, psychiatrists can earn up to $160,000 over the course of their five-year service obligation, while a licensed chemical dependency counselor who only holds an associate degree will only earn $10,000 during that time.
Anything Else I Should Know?: You can search for qualifying health professional shortage areas here.