Financial Services

Ponce Health Sciences University is pleased that you have selected our Institution to continue with your academic and professional goals. The Office of Student Financial Aid provides you with the information and tools to assist you in reaching educational goals. Please take your time to navigate through the various links we have provided and feel free to contact the Financial Aid Office if you need more information:

Financial Services Contact Information:

Mrs. Myrian Gaud Maitín, MBA, Financial Aid Manager

Mrs. Nicole Vázquez Colón, MSS, Financial Aid Officer
Ms. Mariannette Cruz, Administrative Assistant

Office Hours

Monday to Thursday: 8:00-11:30 am – 1:00-4:30 pm
Friday: Administrative Work (By appointment only)

Phone Numbers: (787) 840-2575 ext. 4734, 4736 or 4836 Fax: (787) 842-3857
Mailing Address: P.O. Box 7004, Ponce, Puerto Rico 00731

Important Links (External):

Financial Aid Education Portal (Inceptia): PSHU access code: bw4g33 to setup your account (REQUIRED BEFORE RECEIVING FINANCIAL AID FUNDS). PSHU will receive a report of those students accessing this site   

Get your FSA ID – this is your electronic signature for federal documents and/or applications.

Fill-out your Free Application for Student Aid (FAFSA) Online
View Your Loans History (if applicable to determine available funds)
Manage your Federal Student Loans (Entrance & Exit Counseling, Master’s Promissory Note, etc.)

Important Links for PHSU application forms:

 PHSU Financial Aid Application (click to download the form)

Federal Financial Aid Programs

Direct Unsubsidized Loan

Students who meet the requirements established by the US Department of Education may receive a Direct Loan, according to the academic program: graduate and professional students are eligible to receive up to $20,500 per academic year. As an Institution that previously participated in the HEAL Programs, our MD, Doctorate and PhD in Clinical Psychology, and Doctorate of Public Health in Epidemiology might be eligible for an additional amount of loan. The amount is established annually by Federal Regulations. The Financial Aid Office provides orientation about the application process for student loans, the student’s qualifying requirements and the specifics regarding interest rate, origination fees, debt management, etc. The student must submit an agreement form known as a Master Promissory Note, and complete electronic Entrance Counseling, both online:

Direct Loan-Plus Graduate Loan

This is a federal fixed-interest loan for graduate and professional students, beyond the Direct Loan Unsubsidized Award, to cover any additional cost of attendance. The interest rate and origination fee, which is annually fixed by the Federal Government, begins to accrue from the date of the first disbursement. The loan qualifying process requires a credit check verification, online Entrance Counseling and an online submission of a Graduate Plus Master Promissory Note:

Private Loans (Alternative Loans)

These are credit-based loans that may be used to supplement other types of financial aid programs. The loan amounts vary according to the amount requested and approved by the student. The interest rate is variable, accrued while in school and usually based on the current “Prime Rate” plus a lender’s predetermined interest rate. Repayment may be up to 20 years. These Private Alternative Loans provide funds to complete the remaining need after the student is awarded other financial aid. Due to the high-interest rate that these loans represent, the student should consider these loans as a last resource to their financial need. PHSU does not recommend any specific lender, the evaluation and selection is a student’s individualized decision.

Historical Private Lender List

PHSU does not deny or otherwise impede the student’s choice of an alternative lender or cause unnecessary delay in loan certification of these loans. The following is a list of the three private loans that have been most commonly selected by our students during last two previous academic years, however, we reiterate that the student may select any other lender they esteem will meet their financial need.


Sallie Mae:

Wells Fargo:

Other Financial Aid Options:

Military Scholarship Programs: Students interested in a military career may consider applying for one of the scholarships programs for healthcare professions offered by the US Army, the US Air Force, Navy or the National Guard. The students must contact the desired program:

US Army: 1-800-USA-ARMY

US Air Force: 1-800-423-USAF

US Navy: 1-800-USA-NAVY

US National Guard: 1-800-GO-GUARD

National Health Services Corps Scholarship Program: available for students in the primary health care specialties and committed to serving part or their entire career in federally designated health professional shortage area. Learn more about this program at

Financial Aid Application Process

There are research assistantships provided by faculty members for externally funded research projects. One of these programs is the Minority Biomedical Research Support Program ( (MBRS) that may be available for participation. The program provides student support that includes salary and fringe benefits. Additional information may be requested at the Offices of the Deans, Program Directors, and/or faculty.

Direct Loan Application Process

 Students interested in applying for a Direct Loan must comply with the federal requirements and following requirements:

  • Have financial need.
  • Be an US Citizen or an Eligible Non-Citizen.
  • Have a valid social security number.
  • Enroll in an eligible program as a regular student working toward a degree.
  • Meet satisfactory academic progress standards.
  • Register (or have registered) with the Selective Service if you are a male between the ages of 18 and 25.
  • Certify that are not in default on a federal student loan and that do not owe money on a federal student grant.
  • A student cannot exceed the aggregate loan limit established by the Department of Education.
  • Comply with the Entrance Interview/Counseling.
  • Provide all the documents and information required by the Financial Aid.

Students must fill the Free Application for Federal Student Aid (FAFSA) for the corresponding academic year, in order to be evaluated to determine eligibility for federal and state funds. It must be submitted online at no later than last working day of May. The PHSU school code is G24824. Students need an FSA ID, which can be obtained at

Once the student submits the FAFSA, the Department of Education will send an Institutional Student Information Record (ISIR) to the school, which will be used for evaluation and analysis.


Students with a FAFSA application selected for verification by the Department of Education will be required to submit the following documents:

  • Complete a Verification Worksheet (provided by the Financial Aid Office)
  • Copy of the Tax Return (IRS or PR tax return form) or
  • W-2 form(s)
  • Evidence of wages, salaries, tips, etc., reported on the FAFSA
  • Others

Need Analysis

As part of the evaluation, the Financial Aid Office will take into consideration the Expected Family Contribution (EFC). The EFC is the amount that the student should contribute towards his/her cost of education, and it is determined by the Federal Government. The need analysis consists of the following basic calculation: Cost of Attendance minus EFC equals Financial Need. As part of the process, any other expected financial aid (external funds such as Vocational Rehabilitation, Veteran Administration, military scholarships, and any other grant or scholarship) will be considered. Note: A student cannot receive financial assistance in excess of the determined Financial Need.

Awarding and Notification

The next step is the awarding of financial aid amounts by PHSU and preparing the award notification for the student. Once the awarding process is completed, a Notification of Award is sent to each student.

Return Policy and Requirement for Withdrawal and Return of Federal Financial Aid (see PHSU catalog refund policy section)

Suspension of Eligibility for Drug-Related Offenses

If convicted of any offense involving the possession of a controlled substance, a student’s eligibility for Title IV Financial Student Aid Program will be denied for:

  • One year after the first conviction
  • Two years after the second conviction
  • Indefinitely after the third conviction

If convicted of any offense involving the sale of a controlled substance, a student’s eligibility for Title IV Financial Student Aid Program will be denied for:

  • Two years following the first conviction
  • Indefinitely after the second conviction

Eligibility may be restored if the student partakes in an approved Federal Government Rehabilitation Program.