Federal Health Professions Student Loan
|Program Detail||Annual Award Limits||How To Apply|
This loan is offered through the federal campus-based aid program. It is awarded to matriculated students with financial need. Payment is owed to the school that awarded the loan. Interest on this loan does not accrue while you are in school and during your initial grace period. You must maintain at least half-time status (6 credits) to defer repayment. Repayment begins 12 months after you graduate or fall below 6 credits. Interest rates during repayment are locked at 5%. Satisfactory Academic Progress is a requirement. For further information regarding repayment: SUNY Federal Health Professions Student Loan Program Borrower's Guide
Loans cannot exceed the amount of tuition plus $2,500. The award amount depends on the availability of funds.
Amount actually received depends on financial need, amount of other aid, availability of funds at school.
Incoming students, who provide parental information on the FAFSA and demonstrate low family income, will be given preference when being considered for this program.Continuing students who were awarded HPSL in the previous year must continue to provide parental information on the FAFSA and demonstrate low family income to maintain the award each year.