Frequently Asked Questions

  1. Who is eligible to apply?
  2. The program is open to all physicians currently in a residency and graduating within the next 18 months. The physicians should be looking to be employed in a private practice or be employed by Inspira Medical Group within the designated Cumberland County Service Area. 

    There are strict eligibility requirements that must be met. Additional eligibility information can be found in the Loan Assistance Repayment Program Agreement Overview.

  3. If accepted, what are the program requirements? 
  4. Applicants selected to participate in the program will need to meet a range of requirements. These include but are not limited to:
    • Provide full-time medical services in the designated Cumberland County Service Area for a minimum of four years 
    • Provide medical treatment to Medicare and Medicaid patients 
    • Provide on call service at Inspira Medical Center Vineland 
    • Maintain required qualifications to practice medicine as a physician 
    • Submission of a semi-annual report attesting to service requirements and a service log

    Additional program requirements can be found in the Loan Assistance Repayment Program Agreement Overview.

  5. What is the exact Service Area that meets the program requirements? 
  6. The program’s Service Area includes the designated medically underserved cities and towns within Cumberland County. A complete list of designated municipalities can be viewed in the New Jersey Medically Underserved Index (NJMUI)

  7. Are there specific medical specialties that are eligible for the program?
  8. Physicians who meet the criteria from any medical discipline are eligible to apply. However, there are specific disciplines that are currently needed more than others in the medically underserved Cumberland County Service Area. Those disciplines include:
    • Family Practice/Urgent Care
      • Internal Medicine
      • Obstetrics/Gynecology
    • Specialty
      • Gastroenterology
      • ENT
      • Pulmonology

  9. Who selects the applicants and how are the recipients chosen?
  10. Inspira Health Network has a Selection Committee who reviews and chooses the awardees based on multiple factors. To be considered, applicants must meet all the selection criteria. In addition, the Selection Committee is looking for candidates who have an interest or have previously demonstrated commitment improving the lives of community members. The amount an applicants’ household income relative to the amount of student loan debt will also be a factor for consideration. The Selection Committee will also evaluate applicants on their references/recommendations and previous residency and/or employment performance evaluations. 

  11. If selected, when can participants expect to receive their funds?
  12. Candidates who are awarded loan assistance will not receive funds directly. Through the program, Inspira Health Network will take over the loan and will pay the amount awarded directly to the loan company. Transfer of funds will begin on the first workday or on an agreed upon date determined by Inspira and the awardee.

  13. Can an applicant apply to more than one program at a time?
  14. No. Applicants who are already receiving other loan assistance from another program will not be accepted into the program. In addition, once an applicant is accepted into the program they can only receive assistance from this program.  

  15. Are previous applicants able to apply more than once?
  16. Yes. If an applicant has previously applied to the program and was not selected, the applicant can reapply to the program multiple times as long as they meet the criteria for application. 

  17. Are there requirements based on my financial history?
  18. Yes. Applicants must be in good credit and cannot be in default status on their loans. In addition, if an applicant has ever declared bankruptcy they will not be eligible for the program.  

  19. What employment information is required? 
  20. A copy of your employment contract, if available, will be required to be submitted with the application. A copy of your current New Jersey professional license is also required.

    For a complete list of additional documents needed, please view the Supporting Documents section of the Physician Loan Assistance Repayment Application

  21. How long is my service obligation?
  22. The obligation requires four years in a qualified area.

  23. What happens if I need to take a leave of absence during my service obligation?
  24. The Program allows the participant thirty-five (35) workdays of leave away from the service area in a service year; however, unforeseen circumstances may arise that would prevent a participant from meeting all of the participant’s obligations. Periods of approved suspension of the service requirements will extend the end date of the service period accordingly. The major categories that would allow for a one-year suspension are:
    • Medical or Personal Reasons
    • Family Leave
    • Call to Active Duty in the Armed Forces
    Should any of the above situations occur, the participant will need to submit an extension request.

  25. Is there a penalty if I terminate my contract prior to completing my service obligation?
  26. If a participant fails to fulfill any or all of the service requirements for any reason, fails to meet any, or all his or her responsibilities and obligations or fails to complete the entire service period he or she agrees to reimburse Inspira the outstanding loan balance.

  27. Can I change practice sites during my commitment?
  28. It is understood that circumstances may arise in which a participant may not wish to continue employment with a qualifying employer. In such a case, the participant may be eligible to transfer and complete his or her service requirements with another qualifying employer upon receiving prior written approval of Inspira.

  29. Are there tax implications to participating in the program?
  30. The program has been structured to allow participants loan forgiveness from their federal gross income. Regardless, participants are encouraged to consult with a tax professional.

  31. What will I need to do in order to demonstrate full time employment?
  32. Participants will agree to provide a semi annual report that will include:
    • Self-attest that he or she has complied with the service requirements during the six (6) month reporting period
    • Provide a service log that documents the total number of days the participant fell below the minimum full-time service requirement of thirty-two (32) hours per week

  33. Do I need to submit any of my loan documentation with my application?
  34. Yes. Detailed loan information must be provided with your application. This includes the master promissory note; original loan dates, original loan amounts and outstanding loan balances for all loans listed. If you have consolidated your loans for graduate education costs, you must attach a copy of the original loan documents for health professional education that were consolidated into a new loan. 

  35. Who can I contact if I have any additional questions about the program or my application?
    If you have any additional questions about the program, please email loanrepayment@ihn.org