Health Professions Student Loans

Health Professions Student Loans

  • Low-interest loans for undergraduate and graduate students with exceptional financial need
  • Students must be enrolled full time in of the following doctoral programs:
    • Allopathic medicine
    • Osteopathic medicine
    • Dentistry
    • Pharmacy
    • Podiatric
    • Optometry
    • Veterinary medicine
  • Loans are made with government funds through a school's financial aid office, and the school acts as the lender
  • You are not responsible for paying the interest on the loan during in-school, grace, and deferment periods
  • Borrowers must be U.S. citizens or eligible non-citizens
  • According to federal regulations, parent income and asset information must be taken into account, regardless of dependency status, when determining eligibility for the HPSL.

Application Process

To apply for a Health Professions Student Loan you must:

  • complete the FAFSA by your priority deadline.
  • include your parent information on the FAFSA (regardless of your dependency status).

Interest rate

Fixed interest rate of five percent

Loan limits

  • Annual
    • You may borrower up to the difference between the cost of education minus the sum total of any need-based financial aid received and the expected family contribution
    • Individual schools may set annual loan limits based upon available funding
  • Aggregate maximum: None


Learn more about Health Professions Student Loan repayment.

Deferment and forbearance

If you experience unusual circumstances that make it difficult for you to repay your Health Professions Student Loan, contact your school to discuss possible options (which may include deferment, forbearance, or renegotiation).

What do I need to do to keep this award?

Students may receive HPSL assistance as long as they continue to meet all eligibility criteria for receipt of federal aid.

Please note: If your FAFSA information changes as a result of verification, your award may change.

More information

School's financial aid office.