黄色视频

There are a variety of sources and types of financial aid available to assist students with their health profession education expenses. These include three basic types of aid: loans, scholarships, and federal work-study. Be sure to check if you are eligible to receive federal student aid.

Loans

Loans must be repaid, usually with interest, and over a specified period of time (5-30 years) after graduation. Many loans for graduate/professional school are from federal sources, additionally, private loans are available to help. 

All loans are subject to final approval by your lender based on criteria set forth by federal regulations and lender policies. The specific details of these programs may change at any time due to government legislation and regulation or lender/institutional policy.

Federal Loans

Basic for federal student loans consists of:

• Demonstrate financial need for need-based federal student aid programs
• Be a U.S. citizen or an eligible non-citizen
• Have a valid Social Security number (except for students from the Republic of the Marshall Islands, Federated States of Micronesia, or the Republic of Palau)
• Be enrolled or accepted for enrollment as a regular student in an eligible degree or certificate program.
• Be enrolled at least half-time to be eligible for Direct Loan Program funds.
• Maintain satisfactory academic progress in college or career school

Federal Direct Unsubsidized Stafford Loan

The is awarded based on the completion of the ; there is no requirement to demonstrate financial need for this loan. The is between $20,500 and $50,000 (based on your program and class level). Interest is charged during the in-school period. The  changes on July 1st of each year. The changes on October 1st of each year.

Federal Direct Graduate PLUS Loan

**Available to current students enrolled in a graduate or professional program who borrowed a Grad PLUS loan prior to July 1, 2026 only.**

The is awarded based on the completion of your  and a . During the application process, a credit check is completed to ensure applicants have no adverse credit history. Applicants with adverse credit will be required by the Department of Education to do additional Direct Graduate PLUS Loan Credit Counseling. You will be notified by the Department of Education if you need to complete additional Direct Graduate PLUS Loan Counseling and obtain an endorser; the loan will not be disbursed until this is complete.

The loan limit is the maximum cost of attendance minus all other financial aid resources. The  changes on July 1st of each year. The  changes on October 1st of each year.

Federal Health Professions Student Loan (HPSL)

The Federal Health Professions Student Loan program provides long-term, low-interest-rate loans to full-time, financially needy students to pursue a degree in a variety of health professions, specifically those students pursuing degrees in the College of Pharmacy and Dr. William M. Scholl College of Podiatric Medicine. Funds are limited and award amounts vary. Contact the Office of Financial Aid for more information on eligibility and funding.

Private Loans

Private loans are non-federal student loans offered by banks, credit unions, and other lenders. These loans may help cover educational expenses that are not fully met by federal, state, or institutional aid. We encourage you to compare lenders carefully and explore all federal student aid options first before borrowing private loans.

黄色视频 of Medicine and Science has partnered with to offer a tool to assist students. ELMSelect Private Loan Lender Comparison is a tool that allows you to select a loan product that best fits your needs. The ELMSelect Private Loan Lender Comparison tool includes various filter options to help in your review. New lender loan products may be reviewed annually for student borrower benefits. The information provided here is maintained and updated in real-time by the represented lender. You do not have to borrow from any of these lenders. You have the right to choose any lender.

International Student Private Loans

A limited number of outside lenders offer students private loans with an approved U.S. citizen or permanent resident cosigner for financing their education. The terms of private loans are set by the individual lenders. Your credit history determines the interest rate and fees, your debt-to-income ratio, and that of your co-signer. The interest rates for private educational loans are variable and are most often based on a range using Prime or the London Interbank Offered Rates (LIBOR) as a base, and adding an additional percentage based on the borrower's credit. The current Prime and LIBOR rates are available at the . Students are encouraged to investigate these options thoroughly. The maximum loan amount your financial aid office can certify is the cost of attendance minus any other aid received.

How to Apply for a Private Loan

Follow these steps if you decide to borrow:

Research Lenders

• Compare interest rates, repayment terms, fees, and borrower benefits.
• Choose the lender that works best for you.

Apply with Your Lender 

• Complete the application on your lender’s website.
• A creditworthy cosigner may be required.

School Certification

• Once approved, your lender will contact our office to verify your eligibility and certify your loan.
• We confirm your loan fits within your cost of attendance and have you complete the Private Loan Request Form.

Approval and Disclosure

• Your lender will provide required disclosures and may ask you to complete additional steps before final approval.

Loan Disbursement

• Funds are sent directly to the school at the start of each term.
• Your bill is paid first, and any remaining funds are refunded to you according to our normal process.

Tip: Apply at least 3–4 weeks before your bill due date to allow time for processing.

Private Loan Certification and Student Confirmation Procedures

Effective: 2026–2027 Academic Year and forward

Purpose

This statement establishes the institutional standards governing the certification of private education loans at 黄色视频 of Medicine and Science. It is intended to ensure that loan certifications are accurate, consistently applied, and compliant with federal and institutional requirements. In alignment with the structure of health professions education, including extended academic years and clinical components, this statement reinforces the requirement that all certified loan amounts and periods reflect documented student intent and the institution’s Cost of Attendance, while promoting transparency and protecting borrower choice.

Private Loan Request Form Procedure Statement

Due to limitations in private lender application systems, loan requests submitted by lenders may not accurately reflect:

• The institution’s academic calendar
• The student’s intended borrowing terms
• The student’s desired loan amount

Therefore, the Financial Aid Office requires all students to complete a Private Loan Request Form before loan certification. Once RFUMS Financial Aid receives a loan certification request from your chosen lender, you will be notified to complete the Private Loan Request Form via your RFUMS email.

Student Requirement

Students must submit the Private Loan Request Form to:

• Confirm the academic term(s) the loan should cover
• Indicate the desired loan amount (or maximum eligibility)
• Acknowledge institutional policies regarding loan certification and disbursement

The Financial Aid Office will not certify private loans until this form is received, except in documented exceptional circumstances.

Certification Standards

The Financial Aid Office will:

• Certify private loans based on:
  • Institutional Cost of Attendance
  • The official academic year and loan period
  • The student’s confirmed request
• Adjust loan periods and amounts as necessary to align with institutional policy
• Not rely solely on lender-submitted loan periods or amounts

Default Processing

If a student does not submit the required form within a reasonable timeframe:

• The Financial Aid Office may certify the loan for the full academic year up to the Cost of Attendance
• Documentation of outreach attempts will be maintained

Compliance and Documentation

The Financial Aid Office will maintain:

• Student-submitted loan request forms
• Certification records
• Documentation of any adjustments or overrides

This ensures compliance with:

• Federal Cost of Attendance regulations
• Private loan certification requirements
• Institutional audit standards

Exceptions

Exceptions to this policy may be made on a case-by-case basis for:

• Urgent funding timelines
• Documented administrative constraints

All exceptions must be documented.

Residency and Relocation Loans

Available to students in their final year of study. These private loans are designed to provide students with additional funds to help offset the expenses associated with travel and relocation costs for interviews, etc. These loans require a credit check and do not require the financial aid office to certify the application, so they do not count toward your student expense budget. Before you utilize one of these programs, please verify that you have exhausted eligibility in other financial aid programs with the financial aid office.

Scholarships

Scholarships can help defray the cost of education. Scholarships are aid sources that do not require repayment. Some scholarships are merit-based, and some are need-based. Scholarships can be through the admissions process, specific departments, or externally based. Find information on scholarships you can apply for on the External Scholarships page. 

Federal Work-Study

Federal Work-Study (FWS) provides part-time jobs for students with financial need, allowing them to earn money to help pay educational expenses. Federal Work-Study is money that you earn and will not have to pay back. Since FWS is need-based aid, all students interested in FWS must file a FAFSA each year to demonstrate financial need eligibility. All FWS awards will be included as part of the student's financial aid package and will count as a resource toward the overall cost of attendance budget.

Veterans Education Benefits

At RFU, we are committed to serving veterans who have served us and our country. Our staff and faculty are ready to help you, your spouse, or your dependents as you navigate your Veterans Education Benefits while enrolled at 黄色视频. Visit the to find out more about our offerings and resources.