Health Professions & Medical Residency > Borrowing Limits
For a creditworthy applicant, or co-signer (if any), the following borrowing limits apply:
- Borrow annually up to the lesser of $65,000 or the cost of attendance minus other aid (as certified by your school)
- Borrow an additional $12,500 a year for Residency costs with Health Professions Medical Residency Loan
- $1,000 minimum loan amount
If you apply as a creditready 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 Health Professions Medical Residency Loan
- 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 AttendanceMay include tuition, room and board, books, lab fees, computers, school-related transportation and other educational expenses. |
$ |
Available Financial AidMay include grants, scholarships, other loans and other forms of financial aid awarded for same enrollment period as this loan application. |
Minus $ |
Maximum Loan Amount
|
Equals $ |