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Financial Aid - Glossary

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Health and Human Services, U.S. Department of (HHS): The section of the federal government that provides assistance to future health care practitioners. The Nursing Student Loan, Health Profession Student Loan, and Scholarships for Disadvantaged Students Program are among some of the aid programs administered by HHS. The Secretary of the Health and Human Services Department is a member of the Presidents Cabinet.

Health Professions Programs: Federal student assistance programs administered by the U.S. Department of Health and Human Services for students preparing for careers in the health sciences. HHS aid programs include both scholarships and loans.

Health Professions Student Loan (HPSL): A long term, low interest loan program designed to assist students in specific health professions disciplines. Currently, the interest rate is 5% for the life of the loan. Repayment begins one year after the student ceases to be enrolled full-time.

HHS: See Health and Human Services, U.S. Department of.

Hope Scholarship: A federal tax credit for higher education expenses; allows deductions on a per-student basis for the freshman and sophomore years of postsecondary education.

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