MEDICAL STUDENTS
Medical students are considered for the following programs:
- Federal Perkins Loan
- Federal Subsidized Stafford Loan
- Federal Unsubsidized Stafford Loan
- Federal Graduate PLUS Loan
If you would like to borrow a Stafford Loan, complete the Stafford Loan Activation Form (
Interactive Form or
Printable Form). If you would like to borrow a Graduate PLUS Loan, complete the Graduate PLUS Loan Activation Form (
Printable Form). These forms are also available at the front desk of our office.
New Borrowers:
- If you are a first-time Stafford or Grad PLUS loan borrower at this University, you are required to complete the Master Promissory Note (MPN) as indicated in the instructions for the loan. You may complete the Master Promissory Note online with the lender as selected on the Stafford Loan Activation Form.
- Entrance Counseling is required and will be offered during orientation.
- Perkins Loan Promissory Notes are mailed in July.
Most medical students will have their entire Cost of Attendance met with financial aid and scholarships. Most medical students will not be allowed to borrow private/alternative loans.
Estimated 2009 – 2010 Medical School Cost of Attendance
| 1ST YEAR |
8/10/2009 – 5/7/2010
9 MONTHS |
| |
Off-campus |
With-parent |
| Tuition |
$14,196 |
$14,196 |
| Books/Supplies |
$4,500 |
$4,500 |
| Room/Board |
$13,590 |
$3,250 |
| Personal |
$3,454 |
$2,694 |
| Transportation |
$2,800 |
$2,800 |
| Insurance/Fees |
$3,460 |
$3,460 |
| Total |
$42,000 |
$30,900 |
|
| 2ND YEAR |
8/17/2009 – 5/7/2010
9 MONTHS |
| |
Off-campus |
With-parent |
| Tuition |
$14,196 |
$14,196 |
| Books/Supplies |
$2,000 |
$2,000 |
| Room/Board |
$13,590 |
$3,250 |
| Personal |
$3,524 |
$2,664 |
| Transportation |
$2,800 |
$2,800 |
| Insurance/Fees |
$3,890 |
$3,890 |
| Total |
$40,000 |
$28,800 |
|
| 3RD YEAR |
6/29/2009 – 6/25/2010
11.5 MONTHS |
| |
Off-campus |
With-parent |
| Tuition |
$14,196 |
$14,196 |
| Books/Supplies |
$1,100 |
$1,100 |
| Room/Board |
$20,115 |
$6,082 |
| Personal |
$4,404 |
$3,337 |
| Transportation |
$5,025 |
$5,025 |
| Insurance/Fees |
$4,660 |
$4,660 |
| Total |
$49,500 |
$34,400 |
|
| 4TH YEAR |
6/26/2009 – 5/14/2010
10.5 MONTHS |
| |
Off-campus |
With-parent |
| Tuition |
$14,196 |
$14,196 |
| Books/Supplies |
$500 |
$500 |
| Room/Board |
$15,855 |
$3,042 |
| Personal |
$4,034 |
$3,147 |
| Transportation |
$7,175 |
$7,175 |
| Insurance/Fees |
$3,740 |
$3,740 |
| Total |
$45,500 |
$31,800 |
|
We realize that medical school is extremely time consuming and costly and our office makes every effort to minimize problems for our medical students. The loan coordinator acts as the financial aid advisor for the medical students. If you have any specific questions or concerns, we advise you to ask to speak to the loan coordinator.
AAMC FIRST is a comprehensive, three-part program developed by the AAMC to assist premedical and medical students in their planning for the financial aspects of their medical education. Divided into three sections – The Premedical School Years, The Medical School Years, and Residency and Early Practice Years – AAMC FIRST provides practical and comprehensive information specifically tailored to students throughout their medical education. This online resource contains information about making a successful transition to medical school, credit and consumer debt, types of financial aid, the financial aid application process, and relevant reference materials.
Go to
http://www.aamc.org/programs/first/start.htm
School Of Medicine Scholarship Application
The School of Medicine Scholarship Application is sent to students upon admission to the medical school. All scholarships are need-based and require students to submit income and asset information to determine eligibility. The applications should be returned promptly to the School of Medicine’s
Office of Admissions and Student Affairs.
