New loan program available to medical providers of behavioral health services

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LANSING, Mich. — The MI Kids Now loan repayment program will be available to medical providers of behavioral health services in underserved areas.

The program is available to those who provide services to children and adults. However, the priority will be to alleviate the debt of those who take care of the children. The goal is to help schools and employers recruit and retain behavioral health providers who will continue to demonstrate their commitment to building a long-term behavioral health infrastructure. It will provide participants with up to $200,000 to pay off their student debt if they participate in the program for eight years.

The MI Kids Now loan repayment program will be available to psychiatrists, psychologists, social workers, counselors, therapists and board-certified behavior analysts. They should provide behavioral health services in public clinic or school systems in areas with shortages of health professionals.

“Increasing access to behavioral health services for families and children in Michigan is a top priority for MDHHS,” said Lindsay McLaughlin, acting director of the Bureau of Children’s Coordinated Health Policy and Supports. “Children need physical and behavioral health services so they have the best chance of growing into healthy, successful adults. The creation of the MI Kids Now rebate program is one way MDHHS will address this important need.

The application cycle will start on July 18 and end on July 29. More information about the MI Kids Now loan repayment program can be found on the program website.

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