Welcome to FastChoice

UHSP's Financial Aid Office (FAO) maintains a list of private lenders that have been selected for their favorable terms and conditions regarding interest rates, fees, repayment options, processing efficiency, customer support, and other borrower benefits and incentives. The FAO sought to include lenders that offered loan programs specific to undergraduate and graduate health professions degrees. Consideration was also given to lenders that have been historically popular among UHSP students. To ensure current and accurate information is used to maintain the lender list, the FAO conducts a yearly review in which lenders are asked to disclose any updates to their programs.

Students may use any lender, including those not present on the list. Applicants are encouraged to apply with a co-signer who has a good credit score. Most private student loan borrowers have a co-signer.

Before using a private loan, students are strongly encouraged to explore their eligibility for state and federal student aid programs by completing the FAFSA. The following federal programs are available to eligible UHSP students

Pell Grant- Amounts up to $7,395 for the 2023-2024 academic year, depending on the student's expected family contribution.

FSEOG Grant- Amounts up to $2,500; award amounts are dependent upon financial need

Health Profession Student Loan - HPSL's are awarded based on need and available award year Federal/program funding.

Federal Direct Loans - Undergraduate amounts range from $5,500-$12,500, depending on enrollment level and dependency status. Graduate amounts range from $33,000-$37,167, depending on enrollment level.

PLUS Loans- A credit-based loan for parent or graduate borrowers. The annual maximum is determined by the difference between the student's cost of attendance and the total amount of other aid awarded for the academic year. PLUS loans have a fixed interest rate of 8.05% for the 2023-2024 academic year, and an origination fee of 4.228% for loans disbursed after July 1, 2023.

Federal Work Study - A need-based program through which students are paid hourly wages for part-time employment, typically on-campus.

Federal regulations require the disclosure of any affiliation between lenders on a preferred lender list. Following are the details of such affiliations.

Sallie Mae originates Commerce Bank Student Loans.