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Those Planning to research on contraception or infertility or those who want to pursue their studies and are willing to dedicate the last years of their studies and the first years of their careers to researching on such topics, will find that there are grants available for repaying their student debt. These repayment programs are awarded to health professionals or students who need to repay their student debt.These Programs repay the educational loans that the applicants took to pursue their college studies in exchange for committing to investigate on the fields of contraception and infertility. It is an excellent opportunity for those who are interested on the fields or for those who are worried about the repayment of their student debt and do not mind or find interesting the subjects of contraception and infertility.Objectives of The ProgramThe extended objective of the contraception and infertility research loan repayment program is to achieve an increase on the interest of professionals on the fields of the program and to make them focus their careers on these fields to obtain expert professionals that can fulfill the needs of the community on contraception and infertility.Moreover, it will also contribute to reduce the excessive debt that health professionals incur in during their college years due to the high costs of medical college education. Therefore, it is a gain-gain situation as the government and private non profit institutions obtain the results above explained while the professionals get a significant improvement on their financial situation.How Does It Work?The program will pay up to $35,000 of student debt (money owed plus interests) each year that the applicant remains in the program. Moreover, the program will also pay for the penalty fees and costs associated with the prepayment of the loan (income tax liability for the lender) by up to almost 40% of the charges. Therefore, the debt of the student (or graduated) will be significantly reduced.In Exchange For In return, the applicant needs to commit to the contraception and infertility research loan repayment program for at least two years (each year the applicant obtains the aforementioned $35,000 debt reduction). During this period the applicant has to conduct researches on the above mentioned fields of infertility and contraception. There is no particular institution where the research needs to be made and therefore the applicant has liberty to choose the institution that best adjusts to his needs. However, the applicant will have to show proof that he is conducting research on the fields and that the institution has some kind of program that relates to contraception and/or infertility.More Information Can Be ObtainedFurther information on this and other kind of research financing can be obtained by doing a quick search on the net for specific topics or a general search about research loans or research financing. There are many online sites offering thorough information about loans and grants awarded by the government and financial institutions to stimulate research on diverse fields whether it is research on medicine or any other discipline.
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