Health Professions Loan
Health Professions Loans are available to students enrolled in either the College
of Pharmacy or the Michigan College of Optometry only. Funding for these loans is
extremely limited and offered on a first-come, first-serve basis.
Health Professions Loan:
- Student must be enrolled full-time (9 or more credit hours) In College of Pharmacy
or Michigan College of Optometry
- Must complete the FAFSA with parental information OR provide copies of parent's federal
tax returns to the Office of Scholarships and Financial Aid (regardless of age or
dependency status)
- Need-based
- Interest rate is 5% fixed - No interest until repayment
- Funds are sent directly to the school
- Repayment begins one year after graduation or leaving the curriculum
- Loan amounts are limited and vary
- Students in eligible programs will be notified when applications become available
To Apply for the Health Professions Loan:
- Pharmacy Health Professions Loan applications for 2013-2014 will be available by June 5. Eligible students will be notified by email when they may apply.
- Optometry Health Professions Loan applications for 2013-2014 will be available by
June 5. Eligible students will be notified by email when they may apply.
Interest Rates
- 5% Fixed (Begins at repayment)
Eligibility
Student must be enrolled full-time (9 or more credit hours) in College of Pharmacy
or Michigan College of Optometry. Must complete the FAFSA with parental information
OR provide copies of parents' federal tax returns to the Office of Scholarships and
Financial Aid (regardless of age or dependency status).
Links
Health Professions Promissory Note
Health Professions Exit Counseling
Billing Account Access