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HPSL , PCL, LDS
93.342
To increase educational opportunities by providing long-term, low-interest loans to students in need of financial assistance and in pursuit of a course of study in an approved health discipline.
This chart shows obligations for the program by fiscal year. All data for this chart was provided by the
administering agency and sourced from SAM.gov, USASpending.gov, and Treasury.gov.
For more information on each of these data sources, please see the
About the data page.
Increase in loans for all programs due to a reduction in unused funds being held in revolving loan accounts at institutions.
In FY 2021, the Health Careers Loans and Scholarship allocated $60,448,000 to 110 eligible schools. Two program-specific webinars were conducted with all grantees which focused on the marketing of the student loan programs, and program-specific guidance. This resulted in a 15 percent increase in loans to students. Individual awards ranged from $12,000 to $19,000. The HPSL and LDS programs increased by four new recipients.
In FY 2022, the Health Careers Loans and Scholarship allocated $20,988,000 to 34 eligible schools. One program-specific webinar was conducted with all grantees, which focused on marketing the student loan programs and program-specific guidance. This resulted in a 15 percent increase in loans to students. Individual awards ranged from $1,000 to $3,000,000. The HPSL and LDS programs increased by three new recipients.
In FY 2024, the Health Careers Loans and Scholarship allocated $19,295,322 to 26 eligible schools. One program-specific webinar was conducted with all grantees, which focused on marketing the student loan programs and program-specific guidance. Individual awards ranged from $15,119 to $3,230,403.
Single Audit Applies (2 CFR Part 200 Subpart F):
For additional information on single audit requirements for this program, review the current Compliance Supplement.
OMB is working with the U.S. Government Accountability Office (GAO) and agency offices of inspectors general to include links to relevant oversight reports. This section will be updated once this information is made available.
