Established by Statute in 2005, the Geriatric Loan Forgiveness Program (GLFP) was created to encourage physicians specializing in the fields of geriatrics and geriatric psychiatry to practice in South Carolina by helping them repay their student loans. In exchange for the commitment to practice in South Carolina for at least five years, qualified doctors can receive as much as $35,000 to repay their loans for medical school. (South Carolina 43-21-200)
The Program is administered by an advisory board, appointed by the Lieutenant Governor’s Office on Aging, that reviews qualified applicants and selects award recipients. The advisory board is composed of representatives from the following institutions:
(a) the South Carolina Medical Association;
(b) the South Carolina Commission on Higher Education;
(c) the Medical University of South Carolina;
(d) the School of Medicine of the University of South Carolina; and
(e) a fellow in geriatrics or geriatric psychiatry.
Since the Program’s inception a decade ago, GLFP has improved the lives of the approximately 950,000 seniors who reside in South Carolina by incentivizing our nation’s finest geriatric specialists to practice in the state. As of September 1, 2015 the Geriatric Loan Physician Forgiveness Program has awarded over $600,000 to 21 geriatric physicians and geriatric psychiatrists who have served over 10,000 South Carolinians.
For more information about applying to the Geriatric Physician Loan Forgiveness Program, contact Kay Taylor Hightower, Program Manager, at (803) 734-9903 or email@example.com.