Financial Aid

Afford your medical education through available student loans and flexible financing options. As with any financial decision, we encourage you to carefully consider the amount you are financing and avoid additional student debt whenever possible.

Meritize Private Student Loan

With a Meritize loan, you can potentially improve your loan options by sharing your academic history, military background, or work experience. A borrower must have a cosigner and be a U.S. citizen or permanent resident (borrower or cosigner).

Benefits for students include:

  • Ability to finance the total cost of attendance, including living expenses.
  • Fixed and variable interest rates are available.
  • Flexible payment options, including deferring total principal and interest payments until three months after graduation.

Apply and check your loan options without impacting your credit score at https://apply.meritize.com.

Per Term Payment Plan

The institutional installment plan offers a 4-month repayment cycle arranged through UHSA per term. There is one down payment, followed by three monthly payments. Students apply for the tuition payment plan by completing the Tuition Payment Agreement. No credit check is required.

TFC Tuition Financing

For students who have been unsuccessful at qualifying for the Meritize Loan program, flexible financing is available to all eligible students through TFC Credit Corporation, an experienced financing operator providing services since 1970.

Program offerings include:

  • Ability to finance up to the total cost of tuition.
  • Minimum FICO credit score of 600. No co-signer is required.
  • No down payment – Subject to approval (a down payment lowers the monthly payment amount).
  • Borrowers not meeting the credit score minimum may apply with a co-signer.
  • Borrower or co-signer must be U.S. Citizens or Permanent Residents (including Puerto Rico).
  • Select loan repayment terms of 24 months at 7.75% interest, up to 60 months at 9% interest.

Calculate Your Payments

Applying for TFC Financing

  1. Accepted students – Download and complete the application for credit (borrower and co-signer section).
  2. Securely upload the completed form.
  3. A contract is generated and forwarded to the student for signature if the application is approved.

Check your FICO score by obtaining a free credit report at www.annualcreditreport.com. Credit reports may also be available via your bank, credit union, or credit card provider.

Walden University Second Degree Option - Title IV Federal Aid

Walden University, a regionally accredited online university based in the U.S., offers an array of program options to UHSA students. The University also provides UHSA students a 25 percent reduction in tuition for their second degree.

Eligible students who take one course per 6 or 8-week term can apply for Title-IV Federal Aid. This aid may include tuition for the Walden classes and funds for living expenses while enrolled.

Walden’s programs can help you develop the critical and creative thinking skills needed to succeed in healthcare. You can choose from bachelor’s, master’s, and doctoral-level degree programs in areas of study such as Business and Management, Public Health and Health Sciences, Public Policy and Administration, and more.

For more information, visit our Walden partnership page.

Canada Student Loan Program

UHSA is considered an eligible institution by the Canadian Ministry of Education. Canadian students may apply for Canadian Federal loans, Provincial loans, and Federal grants.

The Canada Student Loans Program (CSLP) offers financial assistance to students who have been out of high school for four years and do not have parental annual gross income to determine their loan amount. This is important as many students studying at UHSA have completed a four-year undergraduate bachelor’s degree.

Northwest Territories, Nunavut, and Québec do not participate in CSLP directly but offer their own financial assistance programs for students. The CSLP delivers student financial assistance in partnership with most provinces and territories. These loans are interest-subsidized by the Canadian government while the student is enrolled in school and maintaining satisfactory academic progress, as determined by the individual Province.

Applicants must use UHSA’s designated school code [ZPAS] when completing the process of obtaining funding. Provincial and territorial student aid offices:

Below you will find a listing of the available funding by Province.

Canadian Funding Amounts

All figures listed below are the maximum eligibility awards per province. Students should complete an application to determine their actual award.

Alberta Student Financial Assistance

Students are eligible for both federal and provincial funding as well as grants. A student’s estimated combined maximum is $42,000 (CAD) per year. Loan and grant funding is based on the student’s loan period. If the term starts/ends mid-month, the award is prorated, and the award is made for the whole month or nothing for that month. Students are awarded funding based on the number of months in a term.

British Columbia Student Financial Aid
Students are eligible for both federal and provincial funding as well as grants. Students can receive up to $320 (CAD), $210 federal and $110 provincial per week, and $4,500 per year in a grant. Loan and grant funding is based on the student’s loan period. Loans are calculated based on the number of instructional weeks in a loan period; grants are determined by the number of months in the loan period. Funding is provided one term at a time.

Manitoba Student Aid
Students are eligible for both federal and provincial funding as well as grants. Students can receive up to $350 (CAD), $210 federal and $140 provincial per week, and $4,500 per year in a grant. Loan and grant funding is based on the student’s loan period. Loans are calculated based on the number of instructional weeks in a loan period; grants are determined by the number of months in the loan period. Funding is awarded by the literal number of weeks in a loan period.

Newfoundland Student Financial Assistance
Students are eligible for both federal and provincial funding as well as grants. Students can receive up to $350 (CAD), $210 federal and $140 provincial per week, and $4,500 per year in a grant. Loan and grant funding is based on the student’s loan period. Loans are calculated based on the number of instructional weeks in a loan period; grants are determined by the number of months in the loan period. Funding is awarded by the literal number of weeks in a loan period.

Nova Scotia Student Assistance
Students are eligible for both federal and provincial funding as well as grants. Students can receive up to $410 (CAD) per week of education ($210 federal and $200 provincial). Students can receive up to $6,180 (CAD) per year in a grant. Loan and grant funding is based on the student’s loan period. Loans are calculated based on the number of instructional weeks in a loan period; grants are determined by the number of months in the loan period. Students may be awarded up to 40% of the provincial loan amount in a scholarship.

Northwest Territories Student Financial Assistance
Students are eligible to receive scholarships and bursaries totaling up to $14,400 (CAD) in combined loans and grants per year.

Ontario Student Assistance Program
Students are eligible for federal funding only (not provincial). Maximum federal funding is $210 (CAD) per week of instructional time. Students are also eligible for grants (up to $4,500 (CAD) per year). Loan and grant funding is based on the student’s loan period. Loans are calculated based on the number of instructional weeks in a loan period; grants are determined by the number of months in the loan period.

Quebec Student Financial Assistance Programs
Students are eligible for both federal and provincial funding. Maximum eligibility is $985 (CAD) per month of education. Students can receive up to $37,430 (CAD) for the program. Funding is awarded by the number of months in a loan period.

Saskatchewan Student Loan Program

Students are eligible for federal and provincial funding up to $575 (CAD), $365 federal and $210 provincial, per week. Awards are based on the actual number of weeks of instructional time. Students are also eligible for grants (up to $4,500 (CAD) per year). Loan and grant funding is based on the student’s loan period. Loans are calculated based on the number of instructional weeks in a loan period; grants are determined by the number of months in the loan period.

The approval process for Canadian financial aid may take up to 12 weeks. After you apply, your provincial student aid service will contact you for the next steps. For students who still need to pursue a private loan option beyond federal and provincial funding, we also offer the following:

Canada Student Line of Credit

Many Canadians utilize the Student Line of Credit to fund their medical studies. Several Canadian banks offer these lines of credit and usually provide the option to defer principal payments until graduation to allow residency, etc.

Student Lines of Credit are available from the Royal Bank of Canada, Bank of Montreal, TD Canada Trust, and others. The following links may be helpful:

If you have additional questions, please contact the Student Financial Aid Department by emailing financialaid@uhsa.edu.ag.

Grants & Scholarships

Apply to help pay for your education and reduce the need for student loans.