- The Fall U-bill is due August 20, 2017
- Attend orientation and learn more about how to use financial aid in the fall and spring
- Complete all loan acceptance and activation steps
Understanding Your Financial Aid Award
The FAFSA must be filed every year to qualify for loans. All loans are in the student’s name and repaid when the student stops attending and/or graduates. Detailed information about each loan is available on our loan comparison guide.
The Unsubsidized Loan is available to all FAFSA filers:
|Aggregate Borrowing Limit |
for CVM students
|Annual Borrowing Limit |
for CVM students
|*Interest Rate |
July 1, 2017 to
June 30, 2018
|*Origination Fee October 1, 2017 to
September 30, 2018
|*The interest fee and origination fee are subject to change on an annual basis|
- The Graduate and Veterinary Medicine PLUS Loan is a credit-based loan that a FAFSA filer may qualify for to cover remaining education expenses
- The Health Professions Student Loan (HPSL) and/or Loan for Disadvantaged Students (LDS) are need-based loans, and eligible students will be notified if they can receive either or both loans
The Iowa State University College of Veterinary Medicine coordinates a scholarship and award program that benefits nearly half of all Veterinary Medicine Students.
Students are selected for scholarships and awards by the CVM Student Awards Committee, which is made up of seven faculty members from throughout the College. The committee receives input from many other faculty and students during the process of selection.
Because the dean and faculty want each student to be considered for scholarships and financial awards, a general application for all CVM scholarships and awards is distributed in November to every student in the professional curriculum.
- A limited number of scholarships are available for incoming first-year students
- An application for these scholarships is included with the student’s offer of admission
Planning to Pay
- Review financial resources (loans, savings, cash, etc.) that can be used to pay each semester
- Create a budget for non-billable expenses (ie: off-campus housing, food, day-to-day living expenses) to determine if loans are needed to cover those costs
- Accept, reduce, or decline loans every semester in AccessPlus
- Monitor borrowing and the anticipated repayment amount in AccessPlus by selecting “Loan Payment Est” from the “Financial Aid” menu option.
Additional guidance on planning to pay and preparing for a career in Veterinary Medicine is available on our Financial Planning Resources handout.
If you need assistance planning to pay, visit the ISU Student Loan Education Office website for helpful resources. A representative from the ISU Student Loan Education Office will also hold weekly office hours at the CVM.
Facts and Statistics
The majority of financial aid for Veterinary Medicine students is in the form of loans. Students graduating from the ISU College of Veterinary Medicine had the following average indebtedness upon degree completion:
- $134,193 – Average indebtedness of graduates in 2011-2012
- $134,830 – Average indebtedness of graduates in 2012-2013
- $138,473 – Average indebtedness of graduates in 2013-2014
- $139,097 – Average indebtedness of graduates in 2014-2015
- $136,677 – Average indebtedness of graduates in 2015-2016
Contact Information for the Office of Student Financial Aid
- On-Campus: 0210 Beardshear Hall
- College of Veterinary Medicine 2250
- Office Hours: Tuesday 12-4pm & Wednesday 12-4pm
- Phone: (515) 294-2223
- Email: firstname.lastname@example.org