Payment relief
If you have difficulty repaying your Health Professions Student Loan
(HPSL), you may contact Student Financial
Collections, the University office responsible for determining whether to
grant you relief by renegotiation or forbearance.
- Renegotiation allows you to make reduced payments over a limited time period
if you are unable to meet your repayment schedule.
- Forbearance allows for a temporary suspension of payments if you experience
an extreme financial hardship.
In either case, repayment must still be completed within a
10-year (120 month) period. SFC staff will determine a payment plan after you
provide requested documentation. You will be asked to supply specific details
about your financial situation by completing the Payment
Plan Change Request and Financial Statement form.
Please do not hesitate to contact a Student
Financial Collections representative if you have concerns or questions about
your ability to repay your loans on schedule.
