Mercer Times

The New Jersey Higher Education Student Assistance Authority (HESAA) has opened the application period for behavioral healthcare professionals to apply for student loan redemption and incentive grants, as part of an initiative by Governor Phil Murphy. This program aims to encourage professionals to provide mental health services across New Jersey.

Governor Murphy emphasized the importance of mental health support, stating, “Bolstering mental health supports, especially on behalf of young people, remains one of my Administration’s highest priorities.” He added that this program is a step towards incentivizing and supporting professionals in delivering behavioral health services.

Margo Chaly, Esq., Executive Director of HESAA, highlighted the benefits of alleviating student loan debt for eligible providers. She said, “By alleviating the student loan debt of eligible behavioral healthcare providers, we encourage more professionals to continue providing behavioral and mental healthcare in our communities.”

Christy Van Horn, Chairwoman of the HESAA Board, praised the funding as a valuable resource for specialized healthcare providers. She stated, “This new round of funding is an amazing resource designed to support specialized healthcare providers throughout the Garden State.”

Eligible full-time behavioral healthcare providers at approved sites can apply for up to $150,000 in student loan redemption over six years. Those working primarily with children and adolescents may receive additional grants up to $5,000 annually. The total possible amount is $180,000.

A total of $7 million from the Fiscal Year 2025 budget is available in this third round of funding. Since its inception in January 2023, 94 professionals have participated in this career-based program. Previous applicants who were not accepted must reapply under this new round.

To qualify for redemption, providers must reside in New Jersey and work full-time at approved sites while maintaining relevant licenses. A scoring system based on demand data helps select participants focusing on areas with severe shortages.

For more details on eligibility and applications visit www.hesaa.org/Pages/BHLRP.aspx