PROVIDENCE — Delta Dental of Rhode Island has introduced a new loan repayment program aimed at helping local dentists manage their student debt.
The program, administered by the Rhode Island Foundation, is funded with $5 million from Delta Dental’s reserve funds. It will offer eligible dentists up to $20,000 per year in student loan repayment for up to three years. The program will select as many as 10 recipients, with decisions guided by a local advisory committee overseen by the Rhode Island Foundation.
“This loan repayment program is part of our ongoing efforts to invest in the dental workforce and make Rhode Island an attractive place for dentists to start and grow their careers,” said Joseph Perroni, CEO and president of Delta Dental of Rhode Island. “We are excited to launch this initiative and plan to announce the first group of recipients later this year.”
The program welcomes applications from recent dental school graduates, whether U.S.-based or international, who have qualifying government or private student loans. Candidates must commit to working at least 32 hours per week in Rhode Island. They also need to show dedication to serving underserved communities in the state throughout the program.
David Cicilline, CEO and president of the Rhode Island Foundation, highlighted the program’s importance. “Rhode Island’s health care system depends on continually nurturing its talent. Programs like this help keep skilled professionals in the state and attract new talent to build their lives and careers here.”
Applications are now open, with a deadline of August 27. The first group of awardees is expected to be announced this fall.
