The following websites provide information about general scholarship, aid, and grant resources available to students. This list isn't all-inclusive, and inclusion on the list doesn't imply endorsement by APTA.
Scholarships and financial aid from individual academic institutions aren't listed on this site; check with the specific academic institution about financial aid available to students enrolled there.
Graduate PLUS Loan
For students who need financial assistance beyond the Stafford Loan maximum (see "Unsubsidized Stafford Loan" below), there is the federal Graduate PLUS Loan program. The PLUS Loan allows for the deferment of repayment while the student is enrolled in the PT program. Visit the PLUS Loan website for the current interest rate and maximum loan amount.
Indian Health Service (IHS) Scholarship
The Health Professions Scholarship Program, under the direction of the US Department of Health and Human Services, is only for American Indian and Alaska Native students, who are members of a federally recognized tribe and enrolled in health professions and allied health professions programs. Students incur service obligations and payback requirements on acceptance of funding from this program. Priority is given to graduate, junior, and senior-level students, unless otherwise specified.
Unsubsidized Stafford Loan
Federal subsidized Stafford loans no longer are available for PT and other graduate students, regardless of need. Unsubsidized Stafford loans still are available to graduate students. The student will be charged interest from the time the loan is disbursed until it is paid in full. If the interest is capitalized (allowed to accumulate) it will be added to the principal amount of the loan and will increase the amount the borrower will have to repay. If the student repays the interest as it accumulates, the total interest charges will be considerably less. Unsubsidized Stafford Loans are eligible for Income-Based Repayment (IBR) if the student qualifies through the federal government. Through IBR, borrowers are only responsible for paying 15% of their monthly income, and after 25 years the remainder of the loan is forgiven. Visit the Stafford Loan website for current loan maximums and borrowing limit information.
Additional Financial Aid Resources
Provides a directory of college scholarships, grants, and loans available to undergraduate and graduate students.
Provides information about health career opportunities related funding opportunities.
FAFSA.ed.gov: Free Application for Federal Student Aid
Provides the free application for federal student aid, plus a Student Aid on the Web resource for information from the US Department of Education on preparing for and funding college education.
Federal Student Aid
Manages the student financial assistance programs authorized under Title IV of the Higher Education Act of 1965. These programs provide grants, loans, and work-study funds to students attending college or career school.