Geriatric Physician Loan Forgiveness

Geriatric Physician Loan Forgiveness

Established in 2005, the Geriatric Physician Loan Forgiveness Program was created to encourage physicians who are completing, or have completed, fellowships in geriatrics and/or geriatric psychiatry to practice in South Carolina by helping them repay their medical school debt. (South Carolina 43-21-200)

• In exchange for the commitment to practice geriatric medicine in South Carolina for at least five years, eligible doctors selected by the Geriatric Physician Loan Forgiveness Advisory Board receive $35,000 to repay their medical school debt.
• The Geriatric Physician Loan Advisory Board is composed of a representative from: the Medical University of South Carolina; the Medical University of the University of South Carolina; the South Carolina Commission on Higher Education; the South Carolina Medical Association and; a physician who has previously received the award.   
• The Geriatric Physician Loan Forgiveness Program was the first loan forgiveness program for geriatricians in the nation.