Federal Health Professions Student Loan

Basic Information

Need-based, Federal subsidized loan designated for students in specific Health Professions. Limited funding.

Who may apply:  Students at Scholl College Podiatric Medicine (SCPM) and College of Pharmacy (COP)

Special Qualifications:  Students must:

  • Be a U.S. Citizen or Permanent Resident
  • Show sufficient Financial Need based on FAFSA results
  • Parental tax information must be provided
  • Meet Financial Aid deadline

Maximum: The aggregate maximum a student may borrow is limited only by the cost of tuition and fees, and by the funds available.
Interest:

  • Subsidized (interest free) during school, grace, or deferment
  • Fixed at 5% during repayment

Fees:  None

Repayment Options:

  •  After a one year grace period repayment begins and there is a 10 year repayment plan.  

Borrower Rights and Responsibilities:

Life in Discovery
Deferring your Previous Student Loans
Financial Aid Student Budgets
Applying for Financial Aid
3333 Green Bay Road, North Chicago, Il 60064-3095 • 847-578-3000