Maine Dental Education Loan Forgiveness

Maine Dental Education Loan recipients may be eligible for loan forgiveness.

Initial loan before January 1, 2016: more information about forgiveness eligibility can be found in the Maine Dental Education Loan Program Brochure Initial Loan Made BEFORE January 1, 2016.

Initial loan after January 1, 2016: more information about forgiveness eligibility can be found in the Maine Dental Education Loan Program Brochure Initial Loan Made AFTER January 1, 2016.

Who is eligible for forgiveness?

Dentists who practice primary dental care in an eligible dental care facility in an underserved area of Maine may be eligible for loan forgiveness at the rate of 25% of their original outstanding indebtedness on an annual basis.

Dental care facility means

  • Any health care facility that offers primary dental care as either its primary service or as part of a broader medical practice and
  • Accepts payment through MaineCare or successor program; and
  • At which at least 25% of the patient load has been accepted for treatment regardless of ability to pay through insurance or other payment source; and
  • Provides patients notice that it accepts payment through MaineCare or a successor program.

How do I apply for forgiveness?

Contact FAME as soon as you find employment. We will determine loan forgiveness eligibility. To apply for forgiveness, complete and submit an Annual Report each year. FAME mails Annual Reports every year in May or June.

Recipients must provide documentation that they have practiced primary dental care in an eligible dental care facility in an underserved area. Loan recipients may receive partial loan forgiveness on a pro-rata basis if they fulfill all the criteria but maintain the appropriate practice for less than a year.

What if I am not eligible for forgiveness and I have to repay my loan?

Repayment must be completed according to the terms specified in your promissory note. Loan repayment will begin six months following the month you complete your professional education or withdraw. Interest is calculated based on the rate disclosed in your promissory note.