MD Program
Annual Loan Limits & Disbursement Dates
Morsani College of Medicine Doctor of Medicine (MD)
This page provides information regarding the earliest possible financial aid disbursement dates and Federal Direct Unsubsidized Loan borrowing limits for the 2026–2027 academic year.
2026–2027 Federal Direct Loan Limits
Federal Direct Unsubsidized Loan borrowing limits and Graduate PLUS Loan eligibility for the 2026–2027 academic year may vary based on applicable federal regulations and individual student circumstances.
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Disbursement dates represent the earliest date financial aid funds may be applied to a student's account for the applicable enrollment period.
Actual disbursement timing may vary based on enrollment verification, financial aid processing, completion of outstanding requirements, and applicable federal regulations.
Once financial aid funds have been applied to a student's account and institutional charges have been satisfied, Student Accounting Services will issue any eligible refund in accordance with university procedures.
Students borrowing federal loans must complete all applicable federal loan requirements before funds can disburse.
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Fall 2026
Spring 2027
Summer 2027
1st Year (MD 2030 - Core)
7/27/2026
1/4/2027
5/17/2027
2nd Year (MD 2029 - Core)
7/27/2026
1/4/2027
N/A
3rd Year (MD 2028 - Core)
6/8/2026
1/4/2027
N/A
4th Year (MD 2027 - Core)
6/8/2026
1/4/2027
N/A
4th Year (MD 2027 - Select)
6/8/2026
11/23/2026
N/A
Please note: The dates listed above represent the earliest possible disbursement dates. Individual circumstances may affect the actual timing of financial aid disbursement.
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Students who meet federal eligibility requirements under interim exception provisions may qualify for the following borrowing options.
Students Eligible for Interim Exception Provisions
CORE Unsubsidized Loan Limit
SELECT Unsubsidized Loan Limit
Grad PLUS Eligibility
2nd Year (2029)
$42,722
N/A
Up to Cost of Attendance
3rd Year (2028)
$47,167
N/A
Up to Cost of Attendance
4th Year (2027)
$44,944
$44,944
Up to Cost of Attendance
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Students subject to revised federal borrowing limits may qualify for the following borrowing options.
Students Subject to Revised Federal Borrowing Limits
CORE Unsubsidized Loan Limit
SELECT Unsubsidized Loan Limit
Grad PLUS Eligibility
1st Year (2030)
$50,000
$50,000
Not Eligible
2nd Year (2029)
$50,000
N/A
Not Eligible
3rd Year (2028)
$50,000
N/A
Not Eligible
4th Year (2027 CORE & SELECT)
$50,000
$50,000
Not Eligible
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Federal student loan eligibility is determined based on federal regulations, enrollment information, borrowing history, and other applicable eligibility requirements. As a result, borrowing options available to one student may differ from those available to another student in the same academic year.
Students with questions regarding their federal borrowing eligibility are encouraged to contact the USF Health Office of Financial Aid for assistance.