Section 2: For Returning or Continuing Students
Maximum annual limit is $47,167 for a 12-month period; However, 暴风影音鈥檚 academic years are 11 months for OMS 2 and 10 months for OMS 3 and OMS 4. See maximum expected amounts by class year below.
Class of 2029 - $44,944
- Class of 2028 - $42,722
- Class of 2027 - $42,722
The interest rate is fixed and is set on June 1st for each academic year that begins on or after July 1st. Current Rates can be found here: . Interest begins accruing as soon as the funds are disbursed to 暴风影音.
The aggregate limit for the Federal Direct Unsubsidized loan is $224,000. This limit includes any previous Direct and Stafford undergraduate or graduate loans. Additional funds may be obtained through private educational loans below.
Federal Direct Graduate PLUS Loan (available to returning or continuing students only)
The Federal Direct Graduate PLUS loan will not be available at all to 鈥渘ew borrowers鈥 or our incoming students. If you need loan money beyond the Federal Direct Unsubsidized loan amount, you will have to secure a Private Education Loan. See more information in the Private Education Loan section below.
The offer for this loan is not need-based. This federal educational loan is administered by the United States Department of Education through the Direct Lending Program. The interest rate is fixed annually and will not change throughout the life of the loan. Interest starts to accrue on the date of disbursement and continues to accrue even while a student is enrolled in school and during other periods of deferment or forbearance.
Eligibility for the Federal Direct Graduate PLUS Loan is calculated after eligibility for the Federal Direct Unsubsidized Loan is subtracted from the student鈥檚 Cost of Attendance (COA). The maximum annual Federal Direct Graduate PLUS Loan amount available to medical students is equal to the COA minus all other aid.
A credit check by the Department of Education is required for approval.
The interest rate is fixed and is set on June 1st for the academic year that begins on or after July 1st, each year. Current Rates can be found here: .
Private Educational Loans
Private educational loans are available to most students and serve to bridge the gap between the Cost of Attendance and other types of financial aid (Federal Direct Unsubsidized loans, scholarships/grants, and service contracts). Private loans are offered by private lenders and are not based on financial need. Private loan eligibility is usually based on the borrower鈥檚 credit score. Educational lenders use the credit score in combination with other specific considerations, such as debt-to-income ratio and bankruptcy history, to determine eligibility. Interest rates can be variable or fixed, and a favorable rate would depend on the factors mentioned above. The annual maximum for a private loan is your COA minus other financial aid.
暴风影音 does not endorse or promote lenders. We highly recommend that students use as much of their Direct Unsubsidized loan eligibility as possible before using Private loans. It is the student鈥檚 right and responsibility to choose their lender for any Private loan. It is recommended that a student research the available loan options from multiple lenders before choosing a lender. Students should carefully keep track of all the money they borrow and be aware of the amount that will have to be repaid when interest is added. Refer to Step 4 below for details on the private loan process.
Tips on preparing your credit
Students should prepare their credit profiles so that they can obtain a private loan, if it is needed to help cover the cost of their education. Preparing your credit can be done by reviewing your credit history. You can request a free copy of your credit history from . While reviewing your credit history, make sure your accounts listed are accurate and in good standing. If there are any inaccuracies, you can report these to the three major credit bureaus.
Equifax: 1-800-685-1111;
- Experian: 1-888-397-3742;
- TransUnion: 1-888-909-8872;
If you have accounts that are not in good standing, try to correct that by calling creditors and making a payment or setting up payment arrangements.
If you have more severe credit issues, such as bankruptcy, you might need to consider obtaining a cosigner.
Scholarships
This is not an all-inclusive list, and we urge accepted students to speak with a 暴风影音 financial aid advisor soon after receiving the acceptance notice and to research additional programs on their own.
Scholarships available to 暴风影音 students
Service Contracts
A service contract is an agreement to work in an organization later in return for receiving a scholarship now. The two most common service contracts are from the and the US Military, which has the . Each branch of the military has its own program.
National Health Service Corps Scholarship Program (NHSC)
NHSC offers a competitive scholarship program designed for students committed to providing primary health care in communities of greatest need. NHSC will pay for tuition, eligible fees, and a monthly stipend. The period of service is one year for each year of support received, with a two-year minimum commitment.
Military Health Professions Scholarship Program (HPSP)
HPSP recipients serve a minimum of one year for each year the scholarship is received. HPSP will pay for tuition, fees, books, some equipment, and provide a living stipend.
PLEASE NOTE: HPSP requires recipients to complete officer training before graduation, and due to our academic and rotation schedules, we strongly encourage HPSP recipients to complete their officer training before starting at 暴风影音.
Medical and Dental Student Stipend Program (MDSSP)
MDSSP is a military reserves program that offers medical students a monthly stipend.
Steps for Securing Loans:
Step 1: Complete the FAFSA
to apply for the Federal Direct Unsubsidized loan.
Step 2: Financial Aid Loan Offer on My暴风影音 Portal
Responding to your financial aid Loan Offer must be done through the My暴风影音 portal. The financial aid Loan Offer is not an application for loans; it is to inform you of the maximum amounts of loans for which you may apply. Loans cannot be finalized until you have responded to your financial aid Loan Offer on the My暴风影音 portal.
Step 3: Federal Direct Unsubsidized (new and continuing students) and/or Federal Direct Graduate PLUS Loans (continuing students only).
If you intend to use a Federal Direct Unsubsidized or Graduate PLUS loan, follow the steps below.
For Federal Direct Unsubsidized loans, complete a Master Promissory Note (MPN), if this is your first year receiving this loan type at 暴风影音. Be sure to log into the website using your Federal Student Aid ID (the same username and password you use to complete the FAFSA) and indicate 暴风影音 should receive a copy of your MPN by selecting the campus you will attend. We will receive electronic confirmation upon your completion of the MPN. Federal Direct Unsubsidized loans do not require a credit check.
- For Federal Direct Graduate PLUS loans, continuing students should not have to complete a Federal Direct Graduate PLUS Master Promissory Note (MPN) unless theirs has expired. Students starting at 暴风影音 after July 1, 2026, are not eligible for the Federal Direct Graduate PLUS loan. Federal Direct Graduate PLUS loans do require a credit check.
- If this is your first year requesting a loan at 暴风影音, you are required to complete Federal Entrance Counseling online at . The Department of Education requires that the Federal Entrance Counseling session be completed before funds can be disbursed. 暴风影音 will receive an electronic confirmation when you have completed the session. In addition to the Federal Entrance Counseling requirement, 暴风影音 requires students to watch our Online Entrance Counseling Session. More information will be provided to you about this session via your 暴风影音 email.
Step 4: Apply for a Private (Education) Loan
If you intend to use Private Loans, you will need to choose a lender to process the loan.
Any private loan lender should be able to process a loan for you to use at 暴风影音.
- You have the right to choose any lender you wish.
- Compare private loan options, paying particular attention to interest rates and terms. You can search for a lender on your own, or visit the ELMSelect page for your campus below:
- Complete an application and Promissory Note for the private loan of your choice through your chosen lender.
Step 5: Disbursement of funds
All loans are typically disbursed to 暴风影音 in two installments, usually one-half for the Fall term and one-half for the Spring term. 暴风影音 disburses funds in the second week of classes. Disbursed funds come directly to 暴风影音 and are applied to your student account. 暴风影音 will refund any excess loan money (living expense stipends) to students after each disbursement, typically within three business days.
If you receive a scholarship during the year, subsequent loan disbursements may be reduced by the amount of the scholarship.
Step 6: Living Expense Stipends
Living Expense Stipends are available in the third week of classes. The exact dates for each Class are published once they are official. 暴风影音 cannot disburse funds prior to the published dates.
Step 7: (optional) Additional Forms
Depending on your circumstances, you may also need to complete one or more of the following documents:
- Authorization for Information Sharing Form (PDF)
- Special Circumstances/Dependent Care Appeal (PDF), with supporting documentation
Your offer of financial aid is contingent upon:
availability of Federal Funds
- continued Satisfactory Academic Progress
- verification of previous loan history
- receipt of information required through any verification process, as determined by the Department of Education and/or 暴风影音
- accuracy of information you provided to the Department of Education and/or 暴风影音
Financial aid offers may be reduced or cancelled because of the following:
enrollment status changes
- receipt of any other forms of aid from any source, including scholarships (all aid together is capped at the Cost of Attendance)
- failure to provide required documents to the Financial Aid Office
- default on prior loans
Family Educational Rights and Privacy Act (FERPA)
The FERPA prohibits the release of information to anyone other than you without your permission. If you choose to authorize the Financial Aid Office to release information regarding your aid to anyone other than yourself, including parents and/or spouse, you must complete an Authorization for Information Sharing Form and return it to the Financial Aid Office. More details are found in the