Primary Care Loan

Primary Care Student Loan Program

The Primary Care Loan (PCL) Program is federally funded. Primary Care is defined as Family Medicine, General Internal Medicine, General Pediatrics, or a specialty in Preventive Medicine/Public Health. Recipients must agree to:
  • enter and complete a residency program in Primary Care within four years following graduation; and
  • practice in Primary Care for the life of the loan (with possible extension at the discretion of the school).
Based on compliance, the interest rate is 5 percent (paid by the federal government) during in-school and approved deferment periods. In the case of non-compliance with the PCL agreement, the interest rate increases to 7 percent, beginning on the date of non-compliance.
 
Students who wish to apply for the PCL Program should contact the Financial Aid staff.
 
All recipients must demonstrate financial need for PCL awards and the amount of the award is dependent on annual available funds.
 
The U.S. Department of Health and Human Services offers more detailed information on Primary Care Loans.