Student Finance

Eligibility

Eligibility

You have the option to apply for federal financial aid only, or you may apply for both federal and institutional aid.  

Students may complete the Free Application for Federal Student Aid (FAFSA) to help pay for medical school.  The FAFSA becomes available each year on October 1st.  The types of federal student aid available include the Federal Direct Unsubsidized and Graduate PLUS loans.

To qualify for federal student aid, students must meet the requirements below:

  • Be a United States citizen or eligible noncitizen 
  • Have a valid social security number unless you are from the Republic of the Marshall Islands, Federated States of Micronesia, or the Republic of Palau
  • Have a high school diploma or a General Education Development (GED) certificate or completed high school education in a homeschool setting approved under state law or enroll in an eligible career pathway program and meeting one of the ability to benefit alternatives
  • Be enrolled or accepted for enrollment as a regular student in an eligible degree or certificate program
  • Maintain satisfactory academic progress in college
  • Sign the certificate statement on the FAFSA stating that
    • you are not in default on a federal student loan
    • do not owe money on a federal student grant
    • you will use federal student aid only for educational purposes

Ready to apply? Click here

 

To be considered for institutional financial aid (North Shore-LIJ Health loan and scholarships), students must complete the following requirements:

  • File the FAFSA application and include both student and parents' financial information
    • Note: while is it not a requirement that parents contribute financially to a student's medical education, their financial data is used when determining eligibility for institutional aid  
  • Complete the Non-Custodial Parent Financial Aid Application provided in the Office of Student Finance's Welcome email upon deposit, only if your parents' are divorced, separated, unmarried and living together or were never married
  • Submit any other documents requested by the Office of Student Finance
  • Special Circumstances:
    • If you are 26 years old or above as of August 1st of the current FAFSA year, a sliding scale will be used the calculate the parent contribution 
    • If you are 30 years old or above as of August 1st of the current FAFSA year, parent information is not required if the student's income is above the FAFSA year poverty level for household size
    •  If you are married, parent information is required if the student/spouse combined income is below the FAFSA year poverty level for household size
      • Age phaseout policy also applies
    • Active-duty military or honorably discharged veterans are not required to submit parent information, regardless of age

Ready to apply? Click here