⚠ Policy change effective July 1, 2026: Grad PLUS loans eliminated for new borrowers. · Read the law →
Effective July 1, 2026

Your DPT just got $29,696 harder to fund

DPT programs cost $70K–$120K total over three years. But because Physical Therapy isn’t classified as “Professional” — despite being a clinical doctorate requiring licensure — you’re capped at $20,500 a year.

Median DPT Program — 2025–26
Cost of Attendance$50,196
New Federal Cap$20,500
Annual Gap−$29,696
3-Year Gap−$89,088
Programs Affected100% of DPT programs
202
DPT Programs Analyzed
100%
Exceed the $20,500 Cap
$29,696
Median Annual Gap
$100,000
Aggregate Limit

Three things every DPT
student needs to know

DPT is a clinical doctorate, but the federal government treats it like a master's. The borrowing cap reflects that.

01 — THE CAP

$20,500/year maximum

You'll earn a doctorate and need a license to practice, but the federal government caps you at $20,500 a year. The median DPT program costs $50,196, leaving a $29,696 gap.

02 — THE WALL

$100,000 aggregate limit

Three years at $20,500 is $61,500 in federal loans against a $100,000 limit. That leaves room, unless you carry significant undergraduate debt.

03 — THE TIMELINE

July 1, 2026 cutoff

Already enrolled? You may get up to 3 years of grandfathering. Starting fall 2026 or later? The caps apply from day one.

!

The classification gap

DPT is a clinical doctorate requiring 3 years of study, clinical rotations, and board licensure. Yet under 34 CFR § 668.2, it’s classified as “graduate” — not “professional” — resulting in a $29,500/year lower borrowing cap than MD students.

Funding gap by school

SchoolAnnual COAFederal CapAnnual Gap
Anderson$125,233$20,500−$104,733
USC (DPT)$115,963$20,500−$95,463
Franklin Pierce$99,860$20,500−$79,360
Boston U (DPT)$90,734$20,500−$70,234
Northwestern (DPT)$89,639$20,500−$69,139
Saint Joseph's$86,696$20,500−$66,196
Mt St Mary's$83,894$20,500−$63,394
WesternU (DPT)$83,363$20,500−$62,863

Source: The 2026 Graduate Education Funding Crisis: A Data Report. Full methodology →

What’s your gap?

Enter your school, residency status, and existing debt to see your exact funding gap.

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