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Loan Repayment for Specialty Medical Professionals in Rural Areas

This act aims to improve access to specialized medical care in rural areas facing shortages of specialty physicians and other healthcare providers. A student loan repayment program will encourage these professionals to work in these regions, potentially reducing wait times for appointments and improving residents' quality of life.
Key points
Loan repayment program for specialty physicians and other specialty healthcare providers who agree to work in rural areas with healthcare shortages.
Maximum loan repayment amount is $250,000 for 6 years of service in a designated area.
The program covers various types of student loans, including Federal Stafford, PLUS, Perkins, and other federal educational loans.
Participants cannot simultaneously receive benefits from other federal loan forgiveness programs for the same service.
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Status:
Introduced
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Additional Information
SPARC Act
Print number: S 1380
Sponsor: Sen. Rosen, Jacky [D-NV]
Process start date: 2025-04-09