How can I obtain a Foundation medical student loan application and brochure?
Loan awards for the 2009-2010 academic year will be made ONLY to students who received a loan from the Foundation in 2008 for the 2008-2009 academic year. Please return to this site in January 2010 for an update on awards being disbursed for the 2010-2011 academic year. We apologize for the inconvenience. 4. What amount might I receive if granted a Foundation medical student loan? Individual loan awards are up to $7,000 with a minimum loan of $3,000. Loan allocations are based upon financial need and cannot exceed your school’s Student Expense Budget. 5. Is the Foundation medical student loan automatically renewed for the remaining medical school years? No, loans are for a single academic year and applications must be submitted prior to the upcoming school year. 6. Does interest accrue on my Foundation medical student loan while I am in school? Yes. You are charged interest at a percentage rate not to exceed 6 percent from January 1 following disbursement through June 30 of the year yo
