Types of Financial Aid

University Grants

Tuition Remission Grants

  • Need-based aid program
  • FAFSA and other required documents must be received
  • Funds are limited and are awarded on a first come, first served basis
  • Grant funds do not need to be repaid
  • Students receiving tuition waivers or the Health Career Opportunity Programs scholarship are not eligible for this grant

University Scholarships

University Merit Scholarships

  • Awarded through the Admissions Office
  • Awards are based on academic achievement or other criteria including service to the school and community service activities

Loans

Federal Unsubsidized Stafford Loans

  • Federal non-need based program
  • Fixed 5.31% interest rate (2016-2017). Rate subject to change every July 1.
  • Origination Fee of 1.069%  (as of 10/1/2016 – 9/30/2017)
  • Available to eligible students registered at least half-time
  • First time Federal Stafford Loan borrowers must complete Entrance Counseling at http://studentloans.gov
  • Repayment begins six months after a student’s enrollment drops below half-time status or the student graduates
  • FAFSA and submission of University Application(s) and supporting documentation is required

Federal Graduate PLUS Loans

  • Federal non-need based program
  • Credit check is required to establish eligibility
  • Fixed 6.31% interest rate (2016-2017). Rate subject to change every July 1.
  • Origination Fee of 4.276% (as of 10/1/2016 - 9/30/2017)
  • Payment may be deferred while in school
  • FAFSA and submission of University Application(s) and supporting documentation is required
  • First time Graduate PLUS Loan borrowers must complete Entrance Counseling at http://studentloans.gov
  • Borrowers must complete both the Graduate PLUS Loan Application and the Master Promissory Note (MPN) online at http://studentloans.gov

Private Alternative Student Loans
Available to assist students in a number of categories:  health profession loans, residency and relocation loans, and loans for international students with a U.S. co-signer.

  • These are non-federal loans through private lenders
  • Variable interest rates; most lenders have no interest cap
  • Students should exhaust all federal loan options first, if eligible, prior to considering an alternative loan
  • Must apply directly through your chosen lender
  • Information on how our suggested lenders were chosen is available on our Lender Selection page
  • Repayment options vary by lender
  • FAFSA is not required