Health Professions > Eligibility

You qualify for the Health Professions Loan if you are:

  • An undergraduate or graduate student in an approved health discipline
  • Enrolled at least half time in a degree or certificate program (as determined by your school)
  • Attending a TERI-approved school (call (800) 255-TERI to confirm eligibility of school)

You must also meet the following credit guidelines:

If you are applying as a credit-worthy borrower, you or a co-signer must:

  • Have a satisfactory credit, residence and employment history of at least 2 years;
  • Have proof of current income (If self-employed, have been in business for at least 2 years); and
  • Be a U.S. citizen or permanent resident and have resided in the U.S. for the previous 2 years.

If you are applying as a credit-ready borrower, you must:

  • Satisfy certain credit criteria, although an established credit history is not required; and
  • Be a U.S. citizen or permanent resident who has had a stable residence in the U.S. for the past 2 years.

International Students

International students must apply with a qualified co-signer. Please contact TERI’s Customer Service at (800) 255-TERI for details on acceptable student visas and other required documentation.

Credit-worthy vs. Credit-ready?

TERI loans to credit-worthy applicants generally carry lower rates and fees than those made to credit-ready applicants. So, if you are credit-worthy or can apply with a credit-worthy co-signer, the cost of your loan might be lower.