New York City to Offer Student Debt Relief to Behavioral Health Professionals Working in the City’s Hospital Network

STATEN ISLAND, NY — New York Metropolis is launching a brand new pupil mortgage forgiveness program for behavioral well being suppliers, because of an nameless $1 million donation.

Mayor Eric Adams and NYC Well being + Hospitals introduced Sunday that the brand new debt reduction program, referred to as the Behavioral Well being Mortgage Compensation Program (BH4NYC), will assist appeal to and retain physicians, nurse practitioners and different physicians who serve to New Yorkers with psychological well being wants or substance use issues.

“Behavioral well being professionals in our public well being system work tirelessly to assist probably the most weak New Yorkers residing with psychological sickness and alcohol and substance use issues,” mentioned Adams. “Too typically, these healthcare employees graduate with crippling debt and haven’t any selection however to work within the non-public sector to pay their payments. Particularly at a time when the nation is dealing with a scarcity of those life-saving professionals whereas additionally dealing with an elevated want for these professionals as a result of COVID-19 pandemic, this mortgage forgiveness program will assist us appeal to and retain prime expertise to proceed serving New Yorkers. via the town.”

NYC Well being + Hospitals will provide licensed psychiatrists, psychiatric nurse practitioners, psychologists and medical social employees between $30,000 and $50,000 in debt reduction in change for a three-year dedication to serve the general public well being system.

It is going to be accessible to eligible staff and new hires for the following yr or till the $1 million donation has been distributed.

Functions open on Monday a www.nychealthandhospitals.org/BH4NYC/.

Functions will probably be accepted in two rounds: from July 25 to November 25. January 25, 2022 and January 1 to Might 1, 2023, for present staff, and reviewed the second and final Friday of every month for brand new candidates. Functions will probably be reviewed on an ongoing foundation.

Eligible candidates should decide to working a minimal of three years full-time at NYC Well being + Hospitals. Physicians will probably be eligible for a most of $50,000 in mortgage forgiveness and non-physician physicians will probably be eligible for a most of $30,000 in mortgage forgiveness.

This system ends when the town reaches $1 million in complete loans forgiven and is restricted to at least one yr.

“As we proceed to see an growing variety of New Yorkers fighting psychological well being and substance use dysfunction, the important companies of our behavioral well being staff are extra crucial than ever,” mentioned President and CEO of NYC Well being + Hospitals, Dr. Mitchell Katz. “This donation will permit us to recruit and retain extraordinary physicians to assist handle the present psychological well being disaster.”

Here is who qualifies for the debt reduction program:

  • Graduated from a related diploma program, together with these from exterior the US. (Applications accredited by the Fee of their self-discipline)
  • They’re licensed and/or board licensed inside 5 years of finishing coaching. The board certification requirement could also be waived in some instances.
  • They’re in good standing with the licensing physique for his or her medical self-discipline.
  • They’re dedicated to working full-time for NYC Well being + Hospitals for at the very least three years.
  • You’re a doctor with a minimal of $50,000 at school mortgage debt.
  • You’re a non-physician training doctor and have a minimal of $30,000 at school mortgage debt.
  • They don’t take part in or obtain mortgage forgiveness from one other supply.
  • I’ve by no means obtained mortgage forgiveness or reimbursement via NYC Well being + Hospitals employment.
  • You’re a US citizen or everlasting resident alien who possesses an I-155 or I-551 card.

In line with the town, the town’s community of public hospitals gives about half of all behavioral well being companies for youngsters and adults in New York Metropolis.

As a part of the nation’s largest municipal well being care system, NYC Well being + Hospitals public hospitals and neighborhood well being facilities provide all kinds of fantastic psychological well being companies to advertise restoration from psychological sickness of every kind, in accordance with New York Metropolis. As well as, NYC Well being + Hospitals presents high-quality alcohol and substance use restoration applications as a part of its behavioral and psychological well being companies, with customized and caring therapy plans which are efficient for every affected person.

There are at the moment no public NYC Well being + Hospital hospitals on Staten Island. There is a well being heart in Stapleton, NYC Well being + Hospitals/Gotham Well being, Vanderbiltsituated at 165 Vanderbilt Ave., and a long-term care facility at NYC Well being + Hospitals/Ocean Viewsituated at 460 Brielle Ave.

New Yorkers in want of psychological well being or substance use assist can name 844-NYC-4NYC to make an appointment at NYC Well being + Hospitals or contact ny good on-line.

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