These programs are administered by the U.S. Public Health Service. The Financial Aid Officer will determine the eligibility of students who apply for financial aid through the College of Medicine and who express a commitment to primary care. Program eligibility is limited to U.S. citizens and unconditional permanent residents. Commitment is defined as agreeing to enter and complete a residency training program in primary care as previously defined and to practice primary health care through the date on which the loan is repaid in full. To be eligible, a student must demonstrate financial need as determined by need analysis, including calculation of contributions from the student's parents and spouse.
Eligibility is limited to U.S. citizens and unconditional permanent residents.
Repayment of the principal and interest at 5 percent begins one year after completion of medical school or may be deferred until a student has completed residency training. The repayment period is ten to twenty-five years. You should not wait for a financial aid award letter from the school before applying for these loans. Stafford Student Loan Program applications may be obtained from a lender such as a bank in your hometown, or from the Financial Aid Office, College of Medicine. Stafford Student Loans are borrowed from, and repaid to, a bank or other lending institution.