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SCHOLARSHIP LOAN FORGIVENESS PROGRAM

(For current SLV Regional Medical Center employees only)The SLV Regional Medical Center Loan Scholarship Forgiveness Fund for Healthcare Professions was created to provide funds for healthcare professionals, and to recruit and retain excellent staff.

Application Process

Applications must be completed each year to be considered for the scholarship. The applicants will be reviewed on a first come, first serve basis and approved by the Administrative Team. Approval will be based on the budget amount for the application year. Seniority may be considered when more applicants than can be funded apply.

The award shall be for one year at a time. The applicant may reapply each year up to a total of four years depending on the length of their particular healthcare education program. The scholarship can be applied to any Administration approved, accredited college or technical school anywhere in the United States, in an approved shortage field.

All applications are to be sent to the Human Resources Department at the SLVRMC.

Applicants must meet the following criteria

  • The applicant must be a high school graduate.
  • The scholarship will be offered to male or female applicants regardless of race, color, religion, national origin, age, sex, disability or veteran status.
  • The applicant must be currently employed at the San Luis Valley Regional Medical Center with an acceptable work record.
  • The applicant must have completed the initial employee orientation.
  • The applicant must have applied and been accepted for admission to an Allied Health program in an accredited school, within Colorado or out of state.
  • If reapplying the applicant must have maintained at least a B average; please submit proof of GPA with application.

In addition the applicant must include

  • A letter of acceptance into an accredited program, if new applicant;
  • A current resume;
  • A letter from the student stating why the student would like to be considered;
  • A letter of reference from their Department Director or Administrator; and
  • The applicant’s latest grade point average if reapplying.

Procedure for repayment
The recipient will be required to complete one year of employment at the San Luis Valley Regional Medical Center for each $1000.00 received, starting within one year of graduation. If a position is not available at SLVRMC, or the student chooses to work at another facility, the repayment process begins six months after graduation with a repayment schedule agreed upon by Administration, via contract at 8% interest.

If a student drops out of any Allied Health program or is not allowed to continue because of poor conduct or grades, the repayment begins three months after they have dropped out of their proposed program.Forms may be dropped off or mailed to: Clorinda Chavez, Director, Human Resource Department.

Download the
Scholarship Application

Last Modified: April 23, 2007 9:24 PM

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