unit logo
  1. Home
  2. Knowledge Base
  3. Bursar
  4. Current and Former Students
  5. Student Financial Aid Information
  6. Private Federal Health Professions Loans

Private Federal Health Professions Loans


Health Professions Student Loans (HPSL), Loans for Disadvantaged Students (LDS) and Primary Care Loans (PCL) are low interest, long-term federal loans made through the university to health profession students. The Department of Health and Human Services under Titles VII and VIII of the Public Health Service Act administers these loans. The University and the Federal Government contribute funds to the loan programs.  The loan programs are revolving funds, meaning that when borrowers repay the loans, the funds are available to be lent to current students as new loans.

Interest Rate

The annual interest rate charged on the unpaid balance of these loans is 5%. The interest rate is stated in the borrower’s promissory note.

Grace Period

“Grace Period” is the period of time before the borrower must begin or resume repaying a loan. The grace period begins when a student ceases to be enrolled at least as a half-time student.  The grace period for these loans is one year.  Please refer to the promissory note for details.

Loan Repayment

Repayment of HPSL, LDS and PCL long-term loans begins when the grace period ends. At the time a borrower drops below half-time enrollment or leaves school, the borrower must complete Exit Counseling, during which important information is provided including a repayment schedule.  The repayment schedule contains the number of payments, interest rate, date of the first payment and frequency of payments.  These loan payments are due on the first day of each month. The monthly payment amount depends on the amount borrowed. The repayment period may not exceed 10 years.

Last Reviewed

Last reviewed on 03/20/2024


Bursar: (352) 392-0737

Still have a question?

View our FAQs