There are several loan options that borrowers have to finance their medical education. In most cases, students applying for just federal student aid are awarded up to their cost of attendance in Federal Direct Unsubsidized and Graduate PLUS Loan funds. However, students should always remember to borrow only what you need and nothing more.
Resources
- Types of Loans Available to GW SMHS MD Students
- Federal Direct Unsubsidized Loans
- Graduate PLUS Loans
- Federal vs. Private Student Loans
- Why Federal Loans Are Better Than Private Loans (AAMC Video)
- When Private Loans Are a Good Idea (AAMC Video)
- AAMC
- Free Credit Reports (Transunion, Equifax, Experian)
Finding and learning more about the loans you have already obtained
Finding Your Loans. During the course of you four years in attendance at the GW MD Program you will be asked to review your loan history as a check in with your financial plan. You can "click" the link to the right to be directed to the National Student Loan Data System, but this will only provide information about Title IV loans and Pell Grants. For information about any private educational loans you have obtained you need to review your credit report.
To support your efforts to find out more information about your loans, financial literacy counselor, Jeffrey Hanson, PhD., has created several documents. The following will assist you in making good choices about managing your student loan debt:
Obtaining Your Student Loan History