Service Cancellation & Cash Repayment for the Behavioral Health Professions SCL Program
A borrower may repay BHP SCL funds as defined by the signed promissory note in two ways:
- Fulfill service obligation and receive loan cancellation, which means:
- Earn an approved behavioral health advanced degree and licensure or credential;
- Completed twelve (12) consecutive months of qualifying employment in a qualifying behavioral health profession in return for 1 year of loan cancellation.
Qualifying Employment may include:
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- Georgia Public Service entity;
- Private Georgia employer;
- Self-employed practice in Georgia.
Qualifying Professions for Service Cancellation:
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- Psychiatrist
- Psychologist
- Licensed Professional Counselor
- Licensed Social Worker
- Licensed Marriage and Family Therapist
- Clinical Nurse Specialist in Psychiatric/Mental Health
- Licensed Mental or Behavioral Health Clinician or Specialist
Note: Partial employment may not be considered and only one year of employment can be used for one year of service cancellation.
Note: Verification of qualifying profession and Georgia employment is required.
2. Cash repayment, which means:
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- Repay the loan(s), plus interest.
- Borrowers should set up secure auto debit (ACH) payments with GSFA to ensure secure on time payments for their BHP Loan.