Direct Loans

The University of North Texas Health Science Center participates in the William D. Ford Federal Direct Loan Program which allows students to borrow loan funds directly from the U.S. Department of Education. Loans available to HSC students include the Direct Stafford Unsubsidized Loan and Direct Grad PLUS Loan.  In order to apply for these loans, all borrowers must have completed a current FAFSA application.

You must be enrolled at least half-time in a degree-seeking program to receive federal loans. Interest will begin accruing on loans once they disburse. You may, but are not required to, pay any accrued interest. Otherwise it will be added to the principal periodically. Repayment will begin after graduation or when the student drops below half-time enrollment.

Below are the maximum yearly totals for Unsubsidized loans for each program.

Aggregate loan limit for TCOM, SCP, SPH: $224,000 (This includes all federal subsidized and unsubsidized loans).

Aggregate loan limit for SBS, PA, PT: $138,500 (This includes all federal subsidized and unsubsidized loans).

Program Year 1 Year 2 Year 3 Year 4
TCOM  $47,167.00  $42,722.00  $47,167.00  $42,722.00
SCP  $34,389.00  $35,778.00  $35,778.00  $37,167.00
SBS

For all years:

$20,500.00

PA

For all years:

$20,500.00

DPT

For all years:

$20,500.00

MSLS

For all years:

$20,500.00

SPH

Fall/Spring Enrollment: $34,389.00  Sum/Fall/Spring Enrollment:       $37,167.00

 

Direct Stafford Unsubsidized Loan

  • Eligible amount is based on year and program (see above), not financial need.
  • Annual Student Loan Acknowledgment required yearly for all students on your MyHSC
  • Entrance Counseling required for first-time borrowers at UNTHSC – link to studentaid.gov
  • Master Promissory Note required for first-time borrowers at UNTHSC
  • Origination fee is currently 1.057%.
  • DL Unsubsidized Loan interest rate is 5.28%
  • Effective July 1, 2022–Loans first disbursed on or after July 1, 2022 will have an interest rate of 6.54%

Direct Grad PLUS Loan

  • Apply at studentaid.gov website. For instructions on how to apply click Here
  • Annual Student Loan Acknowledgment required yearly for all students on your MyHSC
  • Grad PLUS Master Promissory Note required for first-time borrowers at UNTHSC at studentaid.gov
  • Origination fee is currently 4.228%.
  • Grad PLUS Loan interest rate is 6.28%
  • Effective July 1, 2022–Loans first disbursed on or after July 1, 2022 will have an interest rate of 7.54%