Federal Health Professionals Loan (HPSL)

The Health Professions Loan is administered by the U.S. Department of Health and Human Services, Health Resources and Services Administration Bureau of Health Workforce. The loan application process and requirements to be considered for funding are determined by the U.S. Department of Health and Human Services. Health Professions Student Loan awards will be made by Iowa State University to eligible students.

Loan Features

  • Need-based loan that is repaid 12 months after leaving school
  • 0% interest while in school and 12 months after leaving school
  • No loan origination fee
  • Loan amounts vary by funding available, as well financial need

How to Apply

  • Step 1 of 2: Complete the FAFSA by March 1 and include parental information
  • Step 2 of 2: Complete a master promissory note (MPN) and Self-Certification form in AccessPlus

Requirements

  • The student must provide parental data on their FAFSA regardless of their age, marital status or dependency status
  • The FAFSA must be completed by March 1
  • The student must complete a MPN through AccessPlus
  • The student must complete an annual review through AccessPlus
  • The student must complete verification of their FAFSA

Repayment