Primary Care Loans (PCL)

Under this program, schools of medicine may make loans to students who are committed to a career as a family physician, general internist, general pediatrician, or specialist in preventive medicine/public health.

Commitment is defined as agreeing to enter and complete a residency training program in primary care as previously defined and to practice primary health care through the date on which the loan is repaid in full.

In order to determine eligibility for the PCL, parental data on the FAFSA and on the Howard University College of Medicine financial aid application must be provided. To be eligible, a student must demonstrate financial need as determined by need analysis, including calculation of contributions from the student and student’s parents and spouse. Eligibility is limited to U.S. citizens and unconditional permanent residents. Repayment of the principal and interest at 5 percent begins one year after completion of medical school or may be deferred until a student has completed residency training.

If a PCL recipient fails to enter and complete a primary care residency training program within four years of graduation, and/or fails to practice primary care until the loan is repaid in full, the following penalties apply: the unpaid balance due on the loan will be immediately computed again from the date of issuance at an interest rate of 7 percent and the computed balance must be repaid within 10 to 25 years after the date on which the borrower fails to comply with the agreement.

If interested in the Primary Care Loan Program (PCL), please contact the College of Medicine’s Financial Aid Office for further information and to request application guidelines.