Health Professions > Borrowing Limits

For a credit-worthy applicant, or co-signer (if any), the following borrowing limits apply:

  • Borrow annually up to the lesser of $45,000 or the cost of attendance minus other aid (as certified by your school)
  • Borrow an additional $12,500 a year for Residency costs with HPL PLUS
  • $1,000 minimum loan amount

If you apply as a credit-ready applicant, the following borrowing limits apply:

  • Borrow annually up to the lesser of $25,000 or the cost of attendance minus other aid (as certified by your school)
  • Borrow an additional $12,500 a year for residency costs with HPL PLUS
  • An aggregate maximum borrowing limit of $142,500. Limit is $225,000 for dental and medical students
  • $1,000 minimum loan amount

The table below will help you to estimate how much you are able to borrow. Simply complete the right hand column of the table and subtract the second row from the first.

Total Cost of Attendance

May include tuition, room and board, books, lab fees, computers, school-related transportation and other educational expenses.

$

Available Financial Aid

May include grants, scholarships, other loans and other forms of financial aid awarded for same enrollment period as this loan application.

Minus $

Maximum Loan Amount

  • $45,000 annual maximum for credit-worthy applicant or co-signer, if any.
  • $25,000 annual maximum for credit-ready applicant.
Equals $