• Financial Resources

    State and Local Resources

    Business tips, including tax advice and resources, online programs, and advice on how to protect and secure your patient information can found at Mississippi’s Better Business Bureau.

    The Mississippi Development Authority’s Entrepreneur Center @ MDA, is a bureau within the Existing Industry and Business Division. The Entrepreneur Center provides financial, marketing, management, and technical assistance to new and existing small businesses. Services are offered at no charge. 

    Mississippi’s Department of Revenue provides information concerning tax incentive credits available for businesses that are located in Mississippi or considering relocating in the state.

    The Mississippi District Office serves the northern 70 counties, while the Gulfport Branch Office serves the 12 most southern counties.  

    The Mississippi Small Business Development Center offers free consulting, coaching, and training programs. Free tips for start-up businesses range from business plan outlines to advertising checklists. Workshops are free unless posted otherwise. Click here to find your nearest counselor and workshop.

    The state’s official website, MS.Gov, publishes a Business Quicklinks  page that includes information including financial assistance, business publications, professional licensing information and much more.It also provides a comprehensive list of professional licenses contacts.  

    Scholarships

    Mississippi Rural Physicians Scholarship Program. In 2007, the Mississippi Legislature authorized the Mississippi Rural Physicians Scholarship Program (MRPSP), creating a unique longitudinal program that identifies rural college students who aspire to return to their roots to practice medicine. Academic enrichment, faculty and physician mentoring plus solid medical school financial support through the Mississippi Rural Physicians Scholarship Program will enable capable young Mississippians to address the challenge of Mississippi's health care crisis. Students can apply for the program as undergraduates or as admitted medical students.

    • View this video for more about their program.Mississippi Rural Physicians Scholarship Program.

    National Health Service Corps
    Students committed to primary care and enrolled in allopathic or osteopathic medical, dental, physician assistant, nurse practitioner or certified nurse midwife training programs can receive tuition, fees, other educational costs and a living stipend, tax-free, for as many as 4 years in exchange for an equal number of years (2-year minimum) service at an approved facility in a high-need underserved area. 

    NURSE Corps Scholarship Program
    Students enrolled or accepted for enrollment in accredited RN or graduate nursing training programs, located in the U.S. can receive tuition, fees, other educational costs and a living stipend in exchange for a minimum 2 year service after graduation at a health care facility with a critical shortage of nurses. The NURSE Corps Scholarship Program was formerly the Nursing Scholarship Program. More about NURSE Corps

    Scholarships for Disadvantaged Students
    Need-based, competitive program. Must be enrolled in and apply for aid to participating health professions program.

    Loan Repayment

    Health Resources and Services Administration (HRSA)
    HRSA provides information on health professions, loan repayment programs designed to encourage and enable clinicians to work in underserved areas. Their Application Bulletin provides more information. 

    National Health Service Corps
    Competitive program for primary care medical, dental and mental health clinicians working at approved NHSC facilities in Health Professional Shortage Areas. Full-time clinicians working at high-need sites can receive $50,000 for their initial 2-year commitment and may be eligible to apply for additional years of support to repay their student loans. Part-time opportunities also available.

    NURSE Corps Loan Repayment Program
    Registered nurses including advanced practice nurses, such as nurse practitioners, working in a Critical Shortage Facility can receive 60 percent of their total qualifying nursing education loan balance for 2 years of service. Full-time nurse faculty working at accredited public or private non-profit schools of nursing are also eligible. For an optional third year of service, participants may receive an additional 25 percent of their original total qualifying nursing education loan balance. Read more about NURSE Corps.

    Faculty Loan Repayment Program
    Degree-trained, health professionals from disadvantaged backgrounds serving on the faculty at accredited health professions' college or university can receive $40,000 plus a tax benefit for 2 years of service to prepare future clinicians. The program, supports careers for health professions educators from disadvantaged backgrounds, and is vital for preparing the next generation of health care professionals to serve in communities in need. The program also encourages participants to promote careers in their respective health care fields.

    Loans for Disadvantaged Students
    Need-based, competitive program. Must be enrolled in and apply for aid to participating school of allopathic, osteopathic, podiatric or veterinary medicine or dentistry, optometry, or pharmacy. 

    Health Professions Student Loans
    Need-based, competitive program. Must apply for aid to participating school and pursue degree in dentistry, optometry, pharmacy, or podiatric or veterinary medicine.

    Nursing Student Loans
    Need-based, competitive program. Must pursue diploma, associate, baccalaureate or graduate degree in nursing and apply for aid to participating school.

    Primary Care Loans
    Need-based, competitive program. Must pursue degree in allopathic or osteopathic medicine and apply for aid to participating school.


     

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