Indiana Primary Care Scholarship

Talk to primary health care physicians. Talk to your financial aid officer about eligibility as well as terms and conditions.

Repayment begins 60 days after you breach the scholarship agreement or withdraw from medical school. Interest at 10 percent plus the 91-day U.S. Treasury Bill retroactive to the date of issuance is computed on the unfulfilled practice or unpaid principal balance. Scholarship balances are repayable over a period of not less than three years. If this creates an undue hardship on the scholar financially, arrangements can be made at the discretion of the Indiana Primary Care Scholarship Committee.

Your obligation to repay the scholarship loan will be canceled upon receipt of the required documentation in the event of your death or permanent and total disability.

If you are not firmly committed to the practice of primary health care, you should not apply or accept the Indiana Primary Care Scholarship.

At the point you fail to fulfill your practice obligation, the outstanding scholarship balance will be subject to interest penalties computed at a simple interest rate of 10 percent plus the 52-week U.S. Treasury Bill from the date of the scholarship’s issuance. If you terminate your medical school studies and do not plan on completing medical school, the outstanding scholarship balance will be computed at a simple interest rate of 8 percent plus the 52-week U.S. Treasury Bill from the date of issuance.

You may obtain additional certification in primary health care prior to fulfilling your practice obligation, as long as you complete your primary health care residency program and additional training within four years after medical school graduation. Allowances can be made for certification training after beginning the scholarship obligation. For example, if your primary care residency is completed in three years after graduation, you may obtain a one-year certification in an area of training to enhance your primary health care practice (i.e., geriatrics, obstetrics or sports medicine), and it will be considered an acceptable activity for fulfillment of your practice obligation. However, you may not do additional training or obtain certification in any non-primary health care sub-specialty.