The Office of Mental Health (OMH) is awarding state aid grants to community agencies that provide eligible community mental health programs who wish to offer student loan repayment funds to eligible new or existing psychiatrists and/or advanced practitioners: psychiatric nurse practitioners (PMHNPs) and psychiatric physician assistants (PAs). Eligible agencies may apply on behalf of these eligible professionals for funding to be used for the purpose of student loan repayment over the course of a 3-year service commitment providing clinical capacity at the applicant agency’s eligible program(s). Award amounts will be based on the clinical capacity schedule provided by the professional for the full three-year service commitment and shall not exceed the professional’s total student loan debt at time of application. The maximum award amounts available are as follows: • For psychiatrists, up to $120,000 for a 3-year commitment providing 40 total and 32 clinical hours/week. • For advanced practitioners (PMHNPs/PAs), up to $30,000 for a 3-year commitment providing 40 total and 32 clinical hours/week.
