Extramural Loan Repayment - PowerPoint PPT Presentation

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Extramural Loan Repayment

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Individuals from Disadvantaged Backgrounds. Pediatric Research ... Researchers with ... GAO Congressional Scrutiny. IG Problems with payback ... – PowerPoint PPT presentation

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Title: Extramural Loan Repayment


1
Extramural Loan Repayment
  • Extramural Programs
  • Contraception and Infertility
  • Health Disparities
  • Individuals from Disadvantaged Backgrounds
  • Pediatric Research Childrens Health Act
  • Clinical Research Clinical Research Enhancement
    Act
  • Eligibility
  • Researchers with qualifying educational debt
  • First-time PIs, Director Subprojects, K Awardees,
    Postdoc NRSA recipients (in first or third year
    of support)
  • Payments to loaning institution up to 35,000 per
    year
  • Pay tax on the loan payments
  • Concurrent service requirement
  • Office of Loan Repayment
  • Website http//www.lrp.nih.gov/

2
Extramural Loan Repayment Process
  • Web-based electronic applications
  • LRP database
  • LRP Office examines for eligibility
  • nature and amount of debt
  • research activities
  • necessary degrees
  • Electronic applications referred to ICs for
    review
  • External reviewers IC selects applications for
    funding
  • Referred back to LRP Office
  • Develop service contract with LRP awardee and
    repayment contract with loaning institution
  • Loans repaid for up to 2 years or as long as
    awardee remains eligible

3
Extramural Loan Repayment for NRSA Recipients
  • Postdoc NRSA recipients incur a service
    obligation during the first year of support
  • Pay back with a second year of NRSA support
  • Problem for LRP recipient
  • Federal Law prohibits repayment of two
    obligations simultaneously
  • Hiatus in LRP

4
Extramural LRP for NRSA Recipients
  • Existing provisions permit NRSA recipients to
    extend the time to begin payback
  • Need marker for LRP award in payback files to
    absolutely prevent second year of NRSA support
    from serving as payback year
  • GAO Congressional Scrutiny
  • IG Problems with payback system
  • Approach
  • IMPAC II record easy to identify awardee
  • No IMPAC II record manual indicator of LRP
    award
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