Mayor Adams Announces $1 Million Donation for Student Loan Forgiveness for Behavioral Health Workers
Channel: NYC Mayor's Office
Date: 24/07/2022

MAYOR ADAMS, NYC HEALTH + HOSPITALS ANNOUNCE $1 MILLION ANONYMOUS DONATION TO LAUNCH STUDENT LOAN FORGIVENESS PROGRAM FOR BEHAVIORIAL HEALTH PROFESSIONALS

As Largest Provider of Behavioral Health Services in NYC, Health + Hospitals Will Offer $30,000 to $50,000 in Debt Relief to Psychiatrists, Psychologists, Nurse Practitioners, and Social Workers Who Commit to Serve for Three Years

New Yorkers Can Support Effort Through Donations as Program Expands

NEW YORK – New York City Mayor Eric Adams and NYC Health + Hospitals today announced the launch of a new student loan forgiveness program for behavioral health providers, funded by a $1 million contribution from an anonymous donor. The new program is designed to help attract and retain doctors, nurse practitioners, and other clinicians who care for New Yorkers with mental health or substance use needs as the U.S. faces a national mental health professional shortage. NYC Health + Hospitals will offer psychiatrists, psychiatric nurse practitioners, psychologists, and licensed clinical social workers between $30,000 and $50,000 of debt relief in exchange for a three-year commitment to serve the public health system.

NYC Health + Hospitals provides about half of all behavioral health services for children and adults in New York City. The loan forgiveness program will be available to eligible employees and new hires for the next year or until the $1 million donation has been distributed. Applications open tomorrow, Monday, July 25, 2022, and New Yorkers can support this effort by donating directly to NYC Health and Hospitals.

Early-career psychiatrists have on average $190,000 of medical school debt, psychiatric nurse practitioners have on average $56,000 of debt, social workers have on average $68,000 of debt, and psychologists have on average $80,000 of debt.

As part of the largest municipal health care system in the nation, NYC Health + Hospitals’ public hospitals and neighborhood health centers offer a wide variety of excellent mental health services to foster recovery from mental illness of all kinds. Additionally, NYC Health + Hospitals provides the highest-quality alcohol and substance use recovery programs as part of its behavioral and mental health services, with personalized, caring treatment plans that are effective for each patient.

New Yorkers who need support for mental health or substance use can call 844-NYC-4NYC for an appointment at NYC Health + Hospitals or contact NYC Well online.

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NYC Health + Hospitals Harlem Hospital
512 Lenox Avenue

July 24, 2022