Upcoming Dates
August 2019
- The Fall U-bill is due August 20, 2019
- 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
Cost of Attendance
Veterinary Medicine Cost of Attendance
Veterinary Medicine Cost of Attendance Adjustment
Scholarships
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
Loans
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.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, 2019 to June 30, 2020 | *Origination Fee October 1, 2019 to September 30, 2020 |
| $224,000 | $40,500 | 6.08% | 1.059% |
| *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
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.
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:
- $142,009 – Average indebtedness of graduates in 2017-2018
- $136.394 – Average indebtedness of graduates in 2016-2017
- $136,677 – Average indebtedness of graduates in 2015-2016
Contact Information
On-Campus
0210 Beardshear Hall or College of Veterinary Medicine 2270
Office Hours
Tuesday 12–4 pm Wednesday 12–4 pm
Phone
(515) 294-2223
(515) 294-2094 – (Tues/Wed afternoons at Vet Med)