Veterinary Medicine Loan Repayment Program to Launch Soon

April 21, 2010 — 

The American Veterinary Medical Association (AVMA) applauds the United States Department of Agriculture's National Institute of Food and Agriculture (NIFA) for publishing the final rule for the Veterinary Medicine Loan Repayment Program (VMLRP).

The rule, published April 19 in the Federal Register, outlines criteria for both the shortage situation designations and applicant eligibility for the loan repayment program. The program was authorized by the National Veterinary Medical Service Act (NVMSA) to bring student debt relief to veterinarians that agree to serve in areas that may impact animal or public health.

The publication of final rules means that the program, first approved in 2003, can soon begin accepting applicants. NIFA expects to make applications available to interested veterinarians at the end of this month.

Awards should be made by the end of this fiscal year, September 30, 2010.

AVMA leaders, who have spent the better part of the last decade championing the program and funding for it, were ecstatic that debt relief will soon be made available for veterinarians working in underserved areas.

"This is the culmination of years of effort by America's veterinarians and by the USDA to help get this program launched," said Dr. W. Ron DeHaven, CEO of the AVMA. "The AVMA is committed to continue working with NIFA to ensure the program is successfully implemented, and we will continue to advocate with Congress for annual funding for the program and to make the program tax exempt."

Source:
PRNewswire, April 20,2010