CMA-sponsored Physician Loan Repayment Program Now Accepting Applications February 20, 2019 CMA Loans, Repayment 0 Applications are now being accepted for the next cycle of the Steven M. Thompson Loan Repayment Program. Award recipients receive up to $105,000 to repay educational loans in exchange for a three-year service commitment in a medically underserved area of the state. The program was created in 2002 through legislation sponsored by the California Medical Association. The current application cycle will close on February 26, 2019. To be considered for an award, you must: Have a valid, unrestricted license to practice medicine in California Be free of any contractual service obligations (i.e., the National Health Service Corps Federal Loan Repayment Program or other financial incentive programs) Have outstanding educational debt from a government or commercial lending institution Be currently employed or have accepted employment in a federally designated "health professional shortage area" in Californi For application, eligibility and program questions, contact the Health Professions Education Foundation at (800) 773-1669 or hpef-email@oshpd.ca.gov. The online application is available here. Selection for this program is extremely competitive and applicants are encouraged to review the FAQ to learn more. Comments are closed.