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 2014-2015 will be available June 15, 2014. 
  • Optometry Health Professions Loan funds have Applications for 2014-2015 will be available June 15, 2014.