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Financial Aid

Financial Aid

News & Events


NEWS, EVENTS & WORKSHOPS
*Student Loan Interest Rates Forecasted to Rise July 1: The Consumer Financial Protection Bureau (CFPB) has unveiled its updated Paying for College tool, using its best guess of what interest rates will be on July 1. Interest rates on most federal student loans are based on the value of the Treasury Department's ten-year note. In May there will be a Treasury bond auction, and that rate will set federal student loan interest rates. While the CFPB offers estimates only, they project that the rates could rise, from 5.41 percent to 6.64 percent on unsubsidized Direct Loans for graduate/professional students, and from 6.41 percent to 7.64 percent for Graduate PLUS Direct Loans. 
*Office Closed on Wednesdays: The Health System financial aid office is closed to phone and foot traffic on Wednesdays (through June) as staff focus on awards for the upcoming 2014-2015 academic year
*Mandatory Exit Loan Counseling: Exit Loan Counseling for Spring-enrolled M.D. graduates will be held May 27 and May 28 (contact financial aid office for details) 


SCHOLARSHIP CORNER
*AMA Physicians of Tomorrow Scholarship: Nominations for the $10,000 American Medical Association's Physicians of Tomorrow Scholarship are due May 30. Contact Gwenner Miller at (916) 734-4112 for details and to share your interest in becoming a nominee.
*California Veteran's Dependents Educational Assistance Program (CDVA)


SPECIAL HOTEL RATES FOR USMLE CLINICAL SKILLS (CS) EXAMINEES
To assist students with travel costs for the CS exam, the Association of American Medical Colleges (AAMC) has negotiated a special rate for examinees at hotels within close proximity of each of the exam sites. Please note that some of the hotels have listed blackout dates during which the negotiated rates are not applicable. Visit the AAMC Web site for details and reservations.