MD Student Financial Aid
Incoming student webinar:
Medical Student Financial Aid: Information from Incoming M1's
- If you have questions about how to qualify for In-State residency, please email HSCStudentServices@utoledo.edu
Interest rates for the 2021-22 year effective July 1, 2021:
Federal Direct Unsubsidized: 5.28% Federal Direct Graduate Plus: 6.28%
IN NEED OF A LOAN COUNSELING APPOINTMENT?
Coronavirus Forbearance Info For Students, Borrowers & Parents
Please visit The Department of Education's website at studentaid.gov 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 on the Student
Tab under the ‘My Financial Aid’ heading
OR
Download a paper loan change form here.
GRAD PLUS LOAN INFORMATION
You cannot accept the Grad Plus loan through your My UT Portal. This loan type requires a separate application at www.studentaid.gov
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 studentaid.gov. The application defaults to a Fall/Spring Loan.
The loan period dates are as follows:
Fall/Spring: Aug 2021 - May 2022 (Default)
Summer Only: May 2021- Aug 2021
Fall Only: Aug 2021 - Dec 2021
Spring Only: Jan 2022 - May 2022
Summer/Fall/Spring: May 2021 - May 2022 (All three terms, amount split equally)
Contact
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 HSCStudentServices@utoledo.edu
2021-2022 Loan Disbursement Dates for Medical Students
- M1:
Fall: August 2, 2021
Spring: January 10, 2022 - M2:
Summer: July 19, 2021
Fall: September 13, 2021
Spring: January 10, 2022 - Summer Billing Information:
- For M3's and M4's: The summer 2021 payment due date is May 7, 2021.
- For M2's: The summer 2021 payment due date is July 9, 2021
- 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: May 4, 2021
Fall: September 20, 2021
Spring: February 21, 2022 - M4:
Summer: May 4 2021
Fall: August 16, 2021
Spring: January 17, 2022 - *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
Budgets
- Estimated Cost of Attendance Budgets — College of Medicine and Life Sciences, 2021-2022 (PDFs):
- M1 Cost of Attendance - Fall/Spring
- M2 Cost of Attendance - Summer/Fall/Spring
- M3 Cost of Attendance - Summer/Fall/Spring
- M4 Cost of Attendance - Summer/Fall/Spring
- Budget Template Spreadsheet (Excel file)
Scholarships
- UT Scholarship search
- External Scholarship List (PDF)
- Scholarship Search Engines:
Links
- Information for Incoming M1s (PDF)
- 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:
- Loan Repayment Information:
Additional Questions
For additional questions regarding Federal Student Loans, contact :
Shannon Waltz, BSW, MAOL HSCStudentFinAid@utoledo.edu