Federal Direct Loans, Private Loans & FAFSA
Postbaccalaureate Pre-Medical / Pre-Health Program students enrolled at least half-time (6 credits per term) are eligible for federal direct loans for one consecutive 12-month period, provided they have not already borrowed the maximum amount allowed*.
The most that Postbac Premed students can borrow each academic year is $12,500 if one has never borrowed before, and may be less if the student has prior borrowing history. The estimated cost of the entire Postbaccalaureate Program can range from $22,000 to $29,000 depending upon course selection.Private loans are also available to students who have met their federal loan limit.
More information regarding private loans can be found at: https://choice.fastproducts.org/FastChoice/home/187300/1
The FAFSA is required (https://fafsa.ed.gov/).
*The maximum borrowed amount allowed is:
• Dependent undergraduate students: $31,000 (no more than $23,000 of this may be subsidized loans).
• Independent undergraduate students (age 24 or older): $57,500 (no more than $23,000 of this may be subsidized loans).
Please feel free to contact Julie Dunn or Zach Gries
800.235.6727 ext. 7136