Philadelphia-based Thomas Jefferson University will pay $2.7 million to resolve allegations that it misused and improperly kept federal dollars that were supposed to be used for student loans, according to a statement from U.S. Attorney Jacqueline Romero.
The university denies the allegations which are from financial activity between 2009 and 2016 and are related to the Primary Care Loan program established by Congress to address a national shortage of primary care physicians.