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 myTrellis (formerly Texas Guaranteed Student Loan (TG)) or studentaid.gov websites and review your promissory note.
Select your loan from the list provided below; see promissory note for details.
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Mexican American Physician Association Loan
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Program Number:
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10
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Grace period:
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12 mos.
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Interest Rate:
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6%
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Deferments:
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- 6-years I/R
- 3-yrs Peace Corps
- 3-years Military
- Unemployment
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Cancellations:
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Death/TPD
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Consolidation:
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Private
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AMA - American Medical Association
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Program Number:
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11
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Grace period:
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9 mos.
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Interest Rate :
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5%
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Deferments:
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Cancellations:
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Death/TPD
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Consolidation:
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Private
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Sam & Elizabeth Nixon Fund
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Program Number:
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12
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Grace period:
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6 mos.
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Interest Rate:
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5%
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Deferments:
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- 3-years I/R
- w/interest
- Unemployment
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Cancellations:
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Death/TPD
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Consolidation:
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Private
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Robert Wood Johnson-Dental
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Program Number:
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13
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Grace period:
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12 mos.
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Interest Rate:
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3%
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Deferments:
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- 2-years I/R
- 3-yrs Peace Corps
- 3-years Military
- Unemployment
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Cancellations:
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Death/TPD
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Consolidation:
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Private
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Robert Wood Johnson-Medical
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Program Number:
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14
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Grace period:
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12 mos.
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Interest Rate:
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3%
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Deferments:
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- 2-years I/R
- 3-yrs Peace Corps
- 3-years Military
- Unemployment
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Cancellations:
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Death/TPD
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Consolidation:
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Private
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Ellwood
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Program Number:
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15
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Grace period:
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12 mos.
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Interest Rate:
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5%
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Deferments:
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Unemployment
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Cancellations:
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Death/TPD
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Consolidation:
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Private
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Ella Kate/Wallace Ralston - Medical
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Program Number:
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16
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Grace period:
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12 mos.
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Interest Rate:
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7.5%
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Deferments:
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Cancellations:
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Death/TPD
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Consolidation:
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Private
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Ella Kate/Wallace Ralston - Nursing
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Program Number:
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17
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Grace period:
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3 mos.
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Interest Rate:
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7.5%
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Deferments:
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Unemployment
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Cancellations:
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Death/TPD
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Consolidation:
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Private
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UTHealth Loan
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Program Number:
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26
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Grace period:
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NO
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Interest Rate:
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NO
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Deferments:
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Unemployment
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Cancellations:
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Death/TPD
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Consolidation:
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No
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Nurse Faculty Loan
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Program Number:
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9
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Grace period:
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9 mos.
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Interest Rate:
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3% or Prevailing Market Rate
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Deferments:
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- 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
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Cancellations:
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- Up to 85% of loan may be cancelled with 4 years of
Full-time Nursing Faculty Employment
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Consolidation:
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Yes
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Health Professions - Medical
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Program Number:
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4
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Grace period:
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(prior to 11-4-88)
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12 mos.
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(after 11-4-88)
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12 mos.
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Interest Rate:
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(prior to 11-4-88)
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9%
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(after 11-4-88)
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5%
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Deferments:
(must be at HPSL school to qualify for full-time study deferment)
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- Advance Training
- Full-time Study
- 3-years Military
- 2-years Fellowship
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Cancellations:
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Death/TPD
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Consolidation:
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Yes
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Health Professions - Dental
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Program Number:
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5
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Grace period:
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(prior to 11-4-88)
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12 mos.
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(after 11-4-88)
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12 mos.
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Interest Rate:
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(prior to 11-4-88)
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9%
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(after 11-4-88)
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5%
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Deferments:
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- Advance Training
- Full-time Study
- 3-years Military
- 2-years Fellowship
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Cancellations:
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Death/TPD
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Consolidation:
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Yes
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Nursing Student Loan - GRAD
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Program Number:
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3
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Grace period:
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(prior to 11-4-88)
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9 mos.
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(after 11-4-88)
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9 mos.
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Interest Rate:
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(prior to 11-4-88)
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6%
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(after 11-4-88)
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5%
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Deferments: (must be at nursing school to qualify for full-time study deferment)
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- 3-yrs Peace Corps/Military
- Enrollment Half/FT
- Advanced Training
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Cancellations:
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Death/TPD
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Consolidation:
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Yes
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Primary Care Loan
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Program Number:
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6
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Grace period:
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12 mos.
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Interest Rate:
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5%
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Deferments:
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- Advance Training
- Full-time Study
- 3-yrs Military
- 2-yrs Fellowship
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Cancellations:
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Death/TPD
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Consolidation:
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No
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Loans for Disadvantaged Students - Dental
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Program Number:
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7
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Grace period:
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12 mos.
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Interest Rate:
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5%
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Deferments: (must be at HPSL school to qualify for full-time study deferment)
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- Advance Training
- Full-time Study
- 3-years Military
- 2-years Fellowship
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Cancellations:
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Death/TPD
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Consolidation:
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Yes
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Loans for Disadvantaged Students - Medical
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Program Number:
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8
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Grace period:
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12 mos.
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Interest Rate:
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5%
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Deferments:
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- Advance Training
- Full-time Study
- 3-years Military
- 2-years Fellowship
|
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Cancellations:
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Death/TPD
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Consolidation:
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Yes
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Perkins
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Program Number:
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97
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Grace period:
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(prior to 7-1-87)
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6 mos.
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(after 7-1-87)
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9 mos.
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Interest Rate:
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(prior to 7-1-87)
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5%
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(after 7-1-87)
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5%
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Deferments:
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- Enrollment Full/Half
- Fellowship
- 3-yrs Hardship
- Rehabilitation
- Pre-cancellation
- 3-yrs Unemployment
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Cancellations:
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Death/TPD/*Service
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Consolidation:
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Yes
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*For eligible service options see promissory note.
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For Stafford Loans, please visit the myTrellis (formerly Texas Guaranteed Student Loan (TG)) 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
