Veterinary Medicine Students

Upcoming Dates

File the 2022-2023 FASFA by March 1, 2022 for the 22-23 school year.

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 (CVM) 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.

• New students: your application for admission is used by the College of Veterinary Medicine to make scholarship decisions.
• Current students: submit OneApp on an annual basis to be considered for scholarships.

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

1. Review financial resources (loans, savings, cash, etc.) that can be used to pay each semester
2. 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
3. Accept, reduce, or decline loans every semester in AccessPlus
4. 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 Office of Student Financial Success website for helpful resources. A representative from the Office of Student Financial Success will also hold weekly office hours at the CVM.

Contact Information 

Financial Aid Advisor: Tara Joyce

Phone

(515) 294-2223

Email

vmfinancialaid@iastate.edu