About SELRP

The Specialty Education Loan Repayment Program (SELRP) provides financial assistance to physicians in the form of a loan repayment to recent graduates of an accredited medical or osteopathic school and are currently enrolled or matched to a residency identified as a shortage by the U.S. Department of Veterans Affairs (VA). The loan repayment is $40,000 a year with a maximum of $160,000. In return the recipient would agree to serve in a clinical practice at a VA facility for a period of 12 months for each $40,000 of loan repayment with a minimum of 24 months of obligated service.