Types of Medical/Pharmacy Student Loans 

The Loan Administration and Collections (LAO) Office works closely with the School of Medicine/Pharmacy Financial Aid Office to help manage UC San Diego’s Campus-Based Loans. With the help of Heartland ECSI, the LAO Team administers and collects the repayments of the following medical/pharmacy Campus-Based Loans: 

MEDICAL LOANS 

Primary Care Loan (PCL) is funded by the Department of Health and Human Services and offers 5% fixed rate loans to students from low income backgrounds. Students must practice in primary health care for either ten years (including the years spent in residency training) or through the date on which the loan is repaid in full, whichever occurs first. This loan is deferred for full-time enrollment as well as for advanced professional training such as internships and residencies, and for a limited time for active duty as a member of the armed forces, a volunteer under the Peace Corps Act, or a health professions fellowship training program directly related to the student’s course of study.  

San Miguel Association Medical Scholarship/Loan Fund was created by the San Miguel Association in order to provide scholarship funding to students committed to practicing in the area of primary care medicine. The scholarship awards, of approximately $10,000 -$15,000 per year through the last year of school, are awarded based on academic excellence and need. Recipients must practice in the area of Family Medicine, Internal Medicine or Pediatric Medicine for three full years following the completion of their residency. Should the recipient not enter the prescribed area of medicine as planned, they must repay the funds to the Association. 

Alumni Medical Student Loan Fund was created from the contributions of UCSD School of Medicine graduates to offer moderate interest loans to underprivileged medical students. This is a subsidized, 8% fixed rate loan, which is deferred during enrollment and for up to four years of internship/residency.