Loan Types Available at TUSDM
The chart below includes details on all the loans borrowed by students at TUSDM. If you borrowed student loans at other schools that are not covered, you can contact your old financial aid office for information on the terms of those loan programs.
| Loan Name | Interest Rate | Interest Accrual During School | Origination Fees | Grace Period | Repayment Time | Deferment Availability |
|---|---|---|---|---|---|---|
| Health Professions Student Loan (HPSL) | 5% Fixed | No | No | 12 months No interest accrual | 10 years | Yes |
| Tufts Loan | 5% Fixed | No | No | 6 months No interest accrual | 10 years | Yes |
| Federal Direct Unsubsidized Loan | Loan Borrowed (7/1/2025 – 6/30/2026) 7.94% | Yes | Loan Borrowed (10/1/20 – 9/30/2025) 1.057% | 6 months Interest accrues | 10 years; options to extend | Yes |
| Federal Direct Grad PLUS Loan | Loan Borrowed (7/1/2025 – 6/30/2026) 8.94% Fixed | Yes | Loan Borrowed (through 9/30/2025) 4.228% | No grace period. Has 6-month post-enrollment deferment period. Interest accrues | 10 years; options to extend | Yes |
| Bank-Funded Private Educational Loan | Varies based on credit | Yes | Most lenders do not charge origination fees | Varies by lender Interest accrues | Varies by lender | Check with lender |
Interest loan information for older Federal loans is available online. Interest rates for Federal loans change every July 1st.
For more information on Federal and Institutional Aid programs, click here.