05/24/2026
🫶 Health Education Finances
🗣️ I know what it’s like being a college student living off the $1 Menu for a few days 💸 haha, and joining the workforce with loan debt.
🧸 Programs under the U.S. set a baseline for businesses such as insurance rates (from Medicare, Medicaid, etc.) and now, educational loans (from the Deprtment of Education).
‼️ The US Department of Education recently changed their loan program for health care providers which impact finances for students seeking to be in Physical Therapy Programs, or who are in PT programs. Here are tips to offset debt, it’s not fun but definitely a requirement to help you in your own future:
▪️Free Money !! Shoot for scholarships and grants, these don’t have to be repaid.
▪️FASFA - still sign up for this, earlier in the application period if possible, by Feb. 14th for the Fall semester, allows you better chances for funding.
▪️Scholarship Repayments - find scholarships you repay by “working off” the scholarship, bonus is employment & a regular paycheck.
▪️Loan Repayment Programs - A Federal or Employer program will help repay loans. BUT, check the loan type, accepted loans are usually only federal loans.
▪️Private Loans - check the loan type, interest rate, payment start date, and if they are allowed to be part of loan repayment programs. Talk with your bank/financial advisor to help you get the best loan for you.
▪️You/Family - financial literacy will help you fine tune your options to help you achieve your professional goals 🙌
📈 Physical Therapy school tuition range $20k-$50k, Federal Loan cap for PT students ~$20k per year or $100k lifetime, average loan debt for PT professionals ~$80k-$150k.
Reach out and lets talk 😁👍
dm me here, or “contact” me at iina.pt.com
APTAhttps://www.apta.org/contentassets/ee2d1bb7f9d841c983d0f21bb076bb79/impact-of-student-debt-report.pdf
Forbes https://www.forbes.com/sites/judystone/2026/05/06/admin-redefines-professional-limiting-loans-for-rns-pt-mph-and-more/