Loans can be an essential resource to help PharmD students finance their education and achieve their academic goals. This page provides general information about the types of loans available to PharmD students. For personalized guidance or more detailed information about your loan eligibility and borrowing options, we encourage you to email our Financial Aid Counselor or schedule a one-on-one meeting.
Federal Direct Unsubsidized Loan
- 7.94% interest rate (effective July 1, 2025 – June 30, 2026)
- 1.057% origination fee
- Interest accrues while the student is in school
- No payments required until 6 months after graduation
Federal Direct Graduate PLUS Loan
- 8.94% interest rate (effective July 1, 2025 – June 30, 2026)
- 4.228% origination fee
- Interest accrues while the student is in school
- No payments required until 6 months after graduation
- Credit check required
Federal student loans are subject to annual and lifetime borrowing limits, which may not cover the full cost of attendance.
Loan for Disadvantaged Students (LDS Loans)
- PharmD students may be considered for an institutional loan based on eligibility.
- Subsidized loan—no interest or payments required until 12 months after graduation
- 5.0% fixed interest rate
Pharmacy University Loan
- PharmD students may be considered for an institutional loan based on eligibility.
- Subsidized loan—no interest or payments required until 9 months after graduation
- 5.0% fixed interest rate
- Not eligible for Public Service Loan Forgiveness (PSLF)
Private Education Loan Programs
- Private loans are available to students who need additional funding beyond federal and institutional sources.
- Loan amounts, interest rates, and repayment terms vary by lender
- Credit check and/or co-signer often required
- Students are encouraged to explore the UC Private Lender List when considering private loans