Delaware Public Health Association
 

Health Care Student Loan Program 

Financial Aid – Workforce Initiative
Application open until funds are depleted
NEW Applications are being accepted at this time

APPLY HERE

Frequently Asked Questions

Eligibility:

  • U.S. Citizen or permanent resident (I-151 or I-551 card)
  • One year of residency in the State of Delaware
  • Enrolled in an approved degree-granting program or certificate in Nursing, Medical Assistant, Dental Assistant/Hygienist, Medical Laboratory Technician, Cognitive Science, Health Behavior Science, Medical Sonography, Medical Diagnostics, Patient Care Technician, Emergency Medical Technician Paramedic, Alcohol & Drug Counseling, Health Information Technology, Physician Assistant, Behavioral Health or Allied Health

Requirements:

  • Completed online application
  • Online self-certification form
  • Complete the online credit check authorization form
  • Copy of most recent tax return (personal and/or parents, if dependent)
  • Proof of Delaware residency (driver’s license, vehicle registration, voter’s registration card)
  • Proof of Citizenship
  • Semester Bill/Invoice
  • Letter of Acceptance
  • Promissory Note and Loan Agreement

Funding:

  • Funded by the Delaware American Rescue Plan Act (ARPA) for shortages in the healthcare field due to the COVID-19 pandemic
  • Loan amount averages between $2,500 to $15,000 annually

Repayment:

  • Interest-free while enrolled in an approved degree program
  • Repayment begins 6 months after graduation
  • Repayment plan options will depend on the degree type
    • Certification programs: 1 to 3-year plans
    • Associates, Bachelor, or Masters Degree programs: 5 to 7-year plans
    • Doctoral (Ph.D.) programs: 7 to 11-year plans

The student loan repayment will be interest-free if the borrower continues to be a Delaware resident, attends a Delaware institution, and works in an approved Delaware Healthcare position after graduation for a period of time.

Applicants are subjected to a 6.5% fixed rate who cannot fulfill the interest free requirements.

Commitment to Working in Delaware:

Certificate

 1 year

Associate

 2 years

Bachelors

3 years

Masters

2 years
Doctor – Ph.D, DNP, DPT

3 years

Note: Terms of repayment of loans are covered through the promissory note and loan agreement

Have Questions? Need Assistance? email Giselle Bermudez, MS, Student Financial Aid Coordinator at gbermudez@delamed.org or call 302-733-1122