Private Educational Financing Apps
based on the lender. To view a list of historical lenders, please review MCW’s FAST Choice site. You may qualify for loans or other assistance under the Title IV, HEA programs. The terms and conditions of the Title IV, HEA program loans may be more favorable than the provisions of the private education loans.
Government Lead Unsubsidized Financing Program
The Federal Direct Unsubsidized Loan is a non-need-based loan obtained through the U.S. Department of Education. Qualified students can borrow up to an annual maximum, determined by how many months are in their school year. There is no interest subsidy under the Direct Unsubsidized Loan program and repayment will begin 6 months after you are no longer enrolled at least half time.
Government Head Graduate Together with Financing
You can borrow up to the total cost of attendance at MCW minus any other financial aid you receive. There is no interest subsidy on this loan and repayment will begin 6 months after you are no longer enrolled in school on at least a half time basis.
Emergency Loan
The maximum limit of $1,000 is available and may be granted to students twice during the academic year, once during each half of the year. The loans will be interest-free for the first 90 days, after which, interest will accrue at the rate of 12% per annum. All outstanding Emergency Loans due the Medical College of Wisconsin must be paid before graduation for the diploma to be presented.
The federal eligibility requirements are located on the Federal Student Aid site. For institutional need-based aid purposes, students must be eligible to participate in the federal financial aid program, not just be able to submit a FAFSA.
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