Loans
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