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Federal Health Professions Student Loan

The Federal Health Professions Student Loan program provides long-term, low interest rate loans to full-time, financially needy students to pursue a degree in a variety of health professions.

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.