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Primary Care Loan Summary

The Primary Care loan is offered as part of a financial aid package for Medical School students who will pursue primary health care practice.

The chart below provides a partial list of the terms and conditions for the Primary Care Loan:
  • General Information
  • Interest Rates
  • Repayment Information

Since these details vary by origination date and exact loan type, borrowers should refer to their promissory note for the actual terms and conditions for their loans.
Interest Rate Information
Rate type
 Fixed
Current rates
 5%
Exception: If you fail to fulfill your primary care service obligation, the rate will become 18% on the outstanding balance.
Accrual
 Time period
  •   In school: No
  •   In grace period: No
  •   In deferment: No
  •   In forbearance: Yes, and interest my capitalize at the end of the forbearance period.