On Wednesday, November 6, from 12:00 to 1:00 PM, IARF, CBHA, IABH, and the Illinois Student Assistance Commission (ISAC) will be conducting a Lunch and Learn Webinar on the Behavioral Health Student Loan Repayment Program. As you will remember, this year’s program includes additional practitioner levels and higher award amounts than in previous years. The webinar will provide a thorough breakdown of the eligibility requirements for this specific loan repayment program, as well as the application process. This webinar is for practitioners who intend to apply for the program and for supervisors who have staff interested in applying that may not be able to attend during the work hours.
Click here to register for the webinar on November 6!
As a reminder, qualified applicants for the BH Student Loan Repayment Program will receive a grant award, for a maximum of four years, to be used towards payments on the individual’s educational loans; the grant awards for this year’s program will include the expanded award amounts and practitioner levels (see below). Qualified individuals must be a resident of the state and have worked 12 consecutive months as a behavioral health professional within a community mental health center, behavioral health center, substance use treatment center, or state-operated psychiatric hospital in an underserved or rural federally designated Mental Health Professional Shortage Area in the state. Beginning this year, the award amounts per practitioner level/designation shall not exceed:
- $40,000/year for a psychiatrist;
- $20,000/year for an APN or PA;
- $20,000/year for a psychologist with a doctoral degree;
- $15,000/year for an LCSW, LCPC, or LMFT;
- $12,000/year for a professional possessing a master’s degree in counseling, psychology, social work, or marriage and family therapy;
- $6,000/year for a professional possessing a bachelor’s degree in counseling, psychology, or social work; and
- $4,000/year for a substance use professional, CADC, or CRSS
For more information and to begin the application process, click here.
ALL OF THIS INFORMATION WILL BE DISCUSSED IN DETAIL DURING TOMORROW’S WEBINAR WITH ISAC!