Student Financial Services

Loans at a Glance

Institutional Loans Administered by UTHealth

The purpose of the Loans at a Glance table is to provide a brief summary of the repayment terms associated with UTHealth's institutional loans as well as federally funded DHHS and Department of Education loans we manage. Upon graduation, it is imperative that you acquire information about your loan(s) in order to successfully manage your student debt. For information about repaying Subsidized and Unsubsidized Stafford loans, please visit the TG Loans by Web or National Student Loan Data System(NSLDS) websites and review your promissory note.

Select your loan from the list provided below; see promissory note for details.

Mexican American Physician Association Loan

Program Number:

10

Grace period:

12 mos.

Interest Rate:

6%

Deferments:

  • 6-years I/R
  • 3-yrs Peace Corps
  • 3-years Military
  • Unemployment

Cancellations:

Death/TPD

Consolidation:

Private

AMA - American Medical Association

Program Number:

11

Grace period:

9 mos.

Interest Rate :

5%

Deferments:

  • 2-years I/R
  • Unemployment

Cancellations:

Death/TPD

Consolidation:

Private

Sam & Elizabeth Nixon Fund

Program Number:

12

Grace period:

6 mos.

Interest Rate:

5%

Deferments:

  • 3-years I/R
  • w/interest
  • Unemployment

Cancellations:

Death/TPD

Consolidation:

Private

Robert Wood Johnson-Dental

Program Number:

13

Grace period:

12 mos.

Interest Rate:

3%

Deferments:

  • 2-years I/R
  • 3-yrs Peace Corps
  • 3-years Military
  • Unemployment

Cancellations:

Death/TPD

Consolidation:

Private

Robert Wood Johnson-Medical

Program Number:

14

Grace period:

12 mos.

Interest Rate:

3%

Deferments:

  • 2-years I/R
  • 3-yrs Peace Corps
  • 3-years Military
  • Unemployment

Cancellations:

Death/TPD

Consolidation:

Private

Ellwood

Program Number:

15

Grace period:

12 mos.

Interest Rate:

5%

Deferments:

Unemployment

Cancellations:

Death/TPD

Consolidation:

Private

Ella Kate/Wallace Ralston - Medical

Program Number:

16

Grace period:

12 mos.

Interest Rate:

7.5%

Deferments:

  • 2 years I/R
  • Unemployment

Cancellations:

Death/TPD

Consolidation:

Private

Ella Kate/Wallace Ralston - Nursing

Program Number:

17

Grace period:

3 mos.

Interest Rate:

7.5%

Deferments:

Unemployment

Cancellations:

Death/TPD

Consolidation:

Private

UTHealth Loan

Program Number:

26

Grace period:

NO

Interest Rate:

NO

Deferments:

Unemployment

Cancellations:

Death/TPD

Consolidation:

NO

Nurse Faculty Loan

Program Number:

9

Grace period:

9 mos.

Interest Rate:

3% or Prevailing Market Rate

Deferments:

  • Up to 3 years if employed full-time and are pursuing a doctoral degree 
    in a graduate nursing education program 
  • Up to 3 years if ordered to active duty in a branch of a uniformed service

Cancellations:

  • Up to 85% of loan may be cancelled with 4 years of
    Full-time Nursing Faculty Employment

Consolidation:

NO

Health Professions - Medical

Program Number:

4

Grace period:

 

(prior to 11-4-88)

12 mos.

(after 11-4-88)

12 mos.

Interest Rate:

 

(prior to 11-4-88)

9%

(after 11-4-88)

5%

Deferments:
(must be at HPSL school to qualify for full-time study deferment)

  • Advance Training
  • Full-time Study
  • 3-years Military
  • 2-years Fellowship

Cancellations:

Death/TPD

Consolidation:

Yes

Health Professions - Dental

Program Number:

5

Grace period:

 

(prior to 11-4-88)

12 mos.

(after 11-4-88)

12 mos.

Interest Rate:

 

(prior to 11-4-88)

9%

(after 11-4-88)

5%

Deferments:

  • Advance Training
  • Full-time Study
  • 3-years Military
  • 2-years Fellowship

Cancellations:

Death/TPD

Consolidation:

Yes

Nursing Student Loan - GRAD

Program Number:

3

Grace period:

 

(prior to 11-4-88)

9 mos.

(after 11-4-88)

9 mos.

Interest Rate:

 

(prior to 11-4-88)

6%

(after 11-4-88)

5%

Deferments: (must be at nursing school to qualify for full-time study deferment) 

  • 3-yrs Peace Corps/Military
  • Enrollment Half/FT
  • Advanced Training

Cancellations:

Death/TPD

Consolidation:

Yes

Primary Care Loan

Program Number:

6

Grace period:

12 mos.

Interest Rate:

5%

Deferments:

  • Advance Training
  • Full-time Study
  • 3-yrs Military
  • 2-yrs Fellowship

Cancellations:

Death/TPD

Consolidation:

No

Loans for Disadvantaged Students - Dental

Program Number:

7

Grace period:

12 mos.

Interest Rate:

5%

Deferments: (must be at HPSL school to qualify for full-time study deferment)

  • Advance Training
  • Full-time Study
  • 3-years Military
  • 2-years Fellowship

Cancellations:

Death/TPD

Consolidation:

Yes

Loans for Disadvantaged Students - Medical

Program Number:

8

Grace period:

12 mos.

Interest Rate:

5%

Deferments:

  • Advance Training
  • Full-time Study
  • 3-years Military
  • 2-years Fellowship

Cancellations:

Death/TPD

Consolidation:

Yes

Perkins

Program Number:

97

Grace period:

 

(prior to 7-1-87)

6 mos.

(after 7-1-87)

9 mos.

Interest Rate:

 

(prior to 7-1-87)

5%

(after 7-1-87)

5%

Deferments:

  • Enrollment Full/Half
  • Fellowship
  • 3-yrs Hardship
  • Rehabilitation
  • Pre-cancellation
  • 3-yrs Unemployment

Cancellations:

Death/TPD/*Service

Consolidation:

Yes

*For eligible service options see promissory note.

For Stafford Loans, please visit the
TG Loans by Web or National Student Loan Data System (NSLDS) websites.

  • I/R - Internship or Residency
  • TPD - Total and Permanent Disability
  • All institutional loans are eligible for in-school deferment only if the borrower is attending UTHealth
  • Please contact the University regarding request for deferments that are not indicated above. Unemployment and Economic Hardship deferments are granted on a case by case bases
  • All loans not eligible for deferment must be repaid