Comparing loan options
| Federal Direct Unsubsidized Loan |
Federal Direct Graduate PLUS Loan |
Health Professions Student Loan |
|
|---|---|---|---|
| Application Process | Complete the FAFSA | Complete the FAFSA and online application | Complete FAFSA by February 15th and the Need-Based application (Need-Based application and due date will be announced soon, please watch your email) |
| Credit Check Required | No | Yes (Endorser may be used if credit check is denied) | No |
| Annual Borrowing Limit |
Years 1- 3 $40,500 Year 4 $47,167 |
Up to remaining Cost of Attendance (COA), after accounting for all other aid | Amount varies each year |
| Interest Rate & Terms |
Please consult federal website for most recent interest rate information Interest accrues while in school |
Please consult federal website for most recent interest rate information Interest accrues while in school |
Fixed at 5% Interest does NOT accrue while in school, and up until 12 months after graduation |
| Origination Fee | Consult federal website | Consult federal website | None |
| Repayment | Begins six months after graduation, falling below half-time enrollment, or withdrawing from the University | Begins six months after graduation, falling below half-time enrollment, or withdrawing from the University | Begins 12 months after graduation, falling below half-time enrollment, or withdrawing from the University |
Contacting CVM Financial Aid Advisor
Due to FERPA regulations, you must send any financial aid-related emails from your OSU email address. If you send a question or request from any other address, you will be asked to resend it properly. You can expect a response within 24-48 hours. During peak times (May, August, September and January ), please allow additional time for your question to be answered.
Emily Gonzalez
614-247-8778
cvm-dvmfinancialaid@osu.edu