College of Medicine and Life Sciences - MD Programs

MD Student Financial Aid

Incoming student webinar: 

Medical Student Financial Aid: Information from Incoming M1s

 April 2022 Webinar

If you have questions about how to qualify for In-State residency, please email 

Interest rates for the 2022-23 year effective July 1, 2022:

Federal Direct Unsubsidized: 6.54%             Federal Direct Graduate Plus: 7.54%

Origination Fees for the 2022-23 Unsubsidized Loans                        Loan Fee

Loans disbursed on of after 10/01/20 and before 10/01/23                 1.057%

Origination Fees for the 2022-23 Graduate Plus loans Loans           Loan Fee

Loans disbursed on of after 10/01/20 and before 10/01/23                 4.228%


To stay up-to-date on the current interest rates and origination fees, please visit StudentAid.Gov for more information.

Coronavirus Forbearance Info For Students, Borrowers & Parents

Please visit The Department of Education's website at for more information about the provisions of the recently passed CARES Act. 

For loan change requests:

Please use the Loan Change Form available through your MyUT Portal as a link in the Student Tab and under the ‘My Financial Aid’ heading
Download a paper loan change form here.


You cannot accept the Grad Plus loan through your My UT Portal. This loan type requires a separate application at

If you are applying for the Grad Plus loan for a specific term, you will need to change the loan period dates on the Grad Plus loan application on The application defaults to a Fall/Spring Loan.

The 2022-23 loan period dates are as follows: 

  • Fall/Spring: Aug 2022 - May 2023 (Default) 
  • Summer Only: May 2022- Aug 2022
  • Fall Only: Aug 2022 - Dec 2022
  • Spring Only: Jan 2023 - May 2023
  • Summer/Fall/Spring: May 2022 - May 2023 (All three terms, amount split equally)

The Graduate Plus Loan application for 2023-24 will not be available until mid-late April 2023.


If your question is regarding:

  • Your billing statement (tuition & fees)
  • In-State Residency
  • Registration (class scheduling)
  • General Financial Aid questions

Please contact the HSC Student Service Office at 419.383.3600 or

2023-2024 Loan Disbursement Dates for Medical Students
  • M1:
    Fall: Week of July 31st, 2023
    Spring: Week of January 3rd, 2024
  • M2:
    Summer: Week of July 12th, 2023
    Fall: Week of September 18th, 2023
    Spring: Week of January 8th, 2024
  • Summer Billing Information:
  • For M3s and M4s: The summer 2023 payment due date is May 5, 2023.
  • For M2s: The summer 2023 payment due date is June 28th, 2023.
  • For all classes: If you have enough in loans to cover your full balance due, and have accepted them through your My UT Portal and completed all other requirements, your bill will be paid on the disbursement date listed above, without penalty. If you do not plan to borrow loans to cover your full balance due, please make the required payment by the summer due date to avoid a $100 late fee on your account. Due dates for each term can be found on the Treasurer's Office webpage
  • M3:
    Summer: Week of May 1st, 2023
    Fall: Week of July 27th, 2023
    Spring: Week of February 5th, 2024
  • M4:
    Summer: Week of May 1st, 2023
    Fall: Week of August 21st, 2023
    Spring: Week of January 22nd, 2024
  • *If you are registered for Flex Time at the beginning of any term, your aid will not disburse until you begin a course or clerkship for that term. In that case, the disbursement date will be later than listed above. 
  • If you are expecting a refund, please allow 3-5 days from the disbursement date for the direct deposit to reach your bank account.

Resources for new and continuing students 


Complete the FAFSA at 

Financial Aid - The University of Toledo School Code is 003131

The AAMC's FIRST (Financial Information, Resources, Services, and Tools) program provides free resources to help you make wise financial decisions.

Financial Education Resources:

AAMC Financial Wellness

Budgeting Worksheet for Students 

Loan Repayment Information:

Education Debt Manager (PDF)

Repayment Plan Comparison Chart (PDF)

Budgeting Worksheet for Residents



Please contact
The HSC Student Service Center at 419.383.3600 or

Additional Questions

For additional questions regarding Federal Student Loans, contact :

Last Updated: 3/7/23