The Health Sciences Cluster Loan Repayment Program (LRP) is a critical facet of this initiative designed to recruit and retain highly qualified health and research professionals. The escalating costs of advanced education and training in medicine and other clinical specialties are forcing some scientists to abandon their research careers for higher-paying private industry or private practice careers and forcing some clinicians to select fields according to the potential for remuneration.
LRPs counteract financial pressure by repaying Health Sciences Cluster members' qualified educational debt. The Health Sciences LRP represents a significant investment by the Senior Vice Chancellor for the Health Sciences in the future of health discovery and the wellbeing of our communities.
The Health Sciences Cluster LRP Funding Structure
Loan repayment amounts vary based upon employment, Pitt only vs. dually employed by Pitt and the University of Pittsburgh Physicians practice plan (UPP).
| Academic Year | Rank/Status | % Salary Subsidy | Loan Repayment | Total Subsidy ($) |
|---|---|---|---|---|
| AY 21-22 | Non-UPP | 50% Pitt salary or $75K whichever is higher | $25,000 | $100,000 |
| UPP | 50% Pitt salary or $75K whichever is higher | $50,000 | $125,000 | |
| AY 22-23 | Non-UPP | 50% Pitt salary or $75K whichever is higher | $25,000 | $100,000 |
| UPP | 50% Pitt salary or $75K whichever is higher | $50,000 | $125,000 | |
| AY 23-24 | Non-UPP | 50% Pitt salary or $75K whichever is higher | $25,000 | $100,000 |
| UPP | 50% Pitt salary or $75K whichever is higher | $50,000 | $125,000 | |
| AY 24-25 | Non-UPP | 50% Pitt salary or $75K whichever is higher | $25,000 | $100,000 |
| UPP | 50% Pitt salary or $75K whichever is higher | $50,000 | $125,000 |
Loan Repayment Program Process
Participants: Begin the loan repayment process by completing and submitting the following 2 forms to your department administrator:
Departmental administrators: Forward forms to Rachel Pozycki, Health Science Administration, rlp73@pitt.edu.
- Loan repayment funds are added to participants' pay
- Participants are responsible for paying lenders and satisfying any tax implications
- Participants are asked by HS Administration to verify indebtedness annually.