Financial Aid

Paying for medical school can be quite costly. Your medical education is an investment in your talent, potential and in a career that will have the power to forever change your life. The UTRGV School of Medicine is dedicated to helping its medical students find the best financial resources in the form of grants, scholarships and loans. For example, UTRGV SOM students from the inaugural class and the second class have received generous scholarships to assist them with tuition and fees.

UTRGV SOM students have the option of applying for financial aid. Financial aid is available in several forms: federal loans, scholarships, grants, veteran’s benefits, and private loans.

  • Grants are funds from federal and state sources that do NOT require repayment
  • Scholarships are available from state, institutional, and organizational funds that do NOT require repayment
  • Loan Programs offer money that must be paid back after graduation or withdrawal from the institution. These may consist of federal or private loans.
  • Veteran’s benefits, such as the Hazlewood Exemption, are available for Texas Veterans who have exhausted their eligibility for federal benefits.

There is no application process for institutional scholarships (unless otherwise noted) and the application to medical school is the source used to determine the awards. Scholarships awards are determined on a year-to-year basis.

Students interested in applying for financial aid such as grants and federal loans are encouraged to complete the Free Application for Federal Student Aid (FAFSA) as soon as possible. The UTRGV Federal School Code is 003599.

Students have the option to defer the repayment of previously-acquired loans from other institutions of higher education. Students are encouraged to check with the lenders. Enrollment verifications are available online as needed. Additionally, UTRGV verifies student enrollment automatically to several lenders in an effort to expedite enrollment verification and the deferment process.

 

For more information please contact MDFinancialAid@utrgv.edu