Medical Masters & Doctoral Students

Medical masters and other doctoral students are awarded scholarships and awards from their academic department or program. The form and amount of that aid varies by program. Please check with the academic department or program for more specific details.

Federal Direct Unsubsidized Loans have a variable fixed interest rate as of July, 1, 2013. The rates will vary annually based on the 10-year Treasury bill plus 3.60% with a cap of 9.50%, but will be fixed for the life of the loan. The maximum that a graduate/professional student may borrow per academic year is $20,500. Interest will accrue during the in-school, grace, and deferment periods. These loans may replace the estimated family contribution. An origination fee of 1.068% will be applied to each disbursement. Note: As of October 1, 2016, the sequester increases the origination fee to 1.069% for loans where the first disbursement is made on or after December 1, 2016. Repayment begins 6 months after the last date of attendance. The maximum aggregate loan limit is $138,500. The aggregate loan limit includes undergraduate loans.

The annual borrowing limit for students in the MPH program is $33,000 for 9 months or $37,167 for 12 months. The maximum aggregate loan limit is $224,000.

Federal Direct Graduate PLUS Loans have a variable fixed interest rate as of July 1, 2013. The rates will vary annually based on the 10-year Treasury bill plus 4.60% with a cap of 10.50%, but will be fixed for the life of the loan. The maximum amount that a graduate/professional student may borrow per academic year is the cost of attendance less any other financial aid. Interest accrues from the time the funds are disbursed. Repayment begins six months after the last date of attendance. Federal Direct Unsubsidized Loans will be utilized first. An origination fee of 4.272% will be applied to each disbursement. Note: As of October 1, 2016, the sequester increases the origination fee to 4.276% for loans where the first disbursement is made on or after December 1, 2016. Credit is checked for all Graduate PLUS loans. If you have an adverse credit history, the loan may be denied by the lender. If you are denied, you may reapply with a credit worthy co-signer.

Private Loans are available to international students but generally require a credit-worthy U.S. co-signer. The maximum amount a student may borrow is the cost of attendance less any other financial aid. Interest rates may vary. Interest will accrue from the time the funds are disbursed.

The Yellow Ribbon Program is available to eligible Chapter 33 students with 100% entitlement. This program is a supplement to the Post 9/11 GI Bill that helps veterans to bridge the gap between the Post 9/11 tuition benefit and the actual cost of tuition and fees. The School of Medicine provides up to $12,000 additional tuition dollars per year ($6,000 from VUSM and $6,000 matching funds from VA). The exact amount of Yellow Ribbon dollars received is based on the student's tuition and fees balance after Chapter 33 benefits and institutional aid are applied. Yellow Ribbon awards may reduce, or be reduced by, other institutional aid awarded. The VUSM portion will be disbursed one-third each fall, spring and summer term. Students currently on Active Duty are not eligible to partcipate in the Yellow Ribbon program. The University will review its Yellow Ribbon commitment each year. Participation levels may vary in future years.