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University students are admitted on the basis of their academic abilities and professionalism. The University has developed affiliations with a number of agencies that offer financial assistance to graduate students for those who qualify. It is the philosophy of the University that no student should be denied access on grounds of inability to pay in advance of receiving their education. The University will cooperate completely with all agencies responsible for the collection of loans in order to preserve the integrity of the loan process for the benefit of future students. In addition to the programs outlined below, students should explore financial assistance programs available from healthcare providers who employ therapists. Students always have an opportunity to bring any lender to the school for processing.
Financial
Assistance Plans
First
Professional Financial Assistance Plans
*Sallie Mae Signature Loan
A graduate student enrolled at least half time in a degree granting program may apply for the Signature Loan. This private loan offers creditworthy students the option to borrow up to the cost of education less financial aid received annually on their own signature or with a cosigner with no disbursement fees. Student may qualify for an interest rate as low as Prime Rate and no repayment fees with a cosigner. International students with a US cosigner may apply. For a complete view and to apply online www.customschool.com/usa or call 1-888-272-5543.
*TERI
Health Professions Loan
The Health Professions Loan is available for undergrad and
graduate school students in a health care field. The student
or the cosigner must be a U.S. citizen or an eligible permanent
resident. Loan approval is based on the applicant’s
creditworthiness and ability to repay the loan upon graduation.
Applicants may borrow up to $25,000 annually based on their
own credit or up to cost of education annually if they apply
with a creditworthy cosigner. Interest rate is variable.
Repayment begins up to 9 months after graduation. Residency
option of up to $10,000 is available for last internship.
Call 1-800-255-TERI or www.teri.org
for more information.
Students
or applicants who wish to learn more about these financial
plans and/or receive applications are encouraged to contact
the loan agency directly.
The
University of St. Augustine offers some scholarships
for First Professional students. Other scholarship information
can be accessed at these sites:
•
www.cashe.com
• www.csfa.org
You
may also talk to the Human Resources departments of your
local school district, hospitals and rehabilitation clinics
to see if they offer scholarships or forgivable loans.
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Transitional DPT and OTD Financial Assistance Plans
Transitional students enrolled less than half time (less than 6 credit hours per trimester)
*TERI Continuing Education Loan
The TERI Continuing Education Loan is available to part-time (less than 6 credit hours per trimester) students enrolled in graduate or certificate programs. Applicants must have an established, satisfactory credit history; sufficient current income of at least $1,500.00 per month to meet current liabilities including the current TERI Continuing Education Loan; and a stable residence and employment history. Self-employed applicants need to have been in business at least two years and be able to provide income information for two previous years. The student may borrow from $500.00 to $15,000.00 annually. A guarantee fee of 5% of the total amount will be financed when loan is disbursed.
Call 1-800-255-TERI or www.teri.org for more information.
Transitional students enrolled at least half time (6 credit hours or more per trimester)
*Sallie
Mae Signature Loan
A graduate student enrolled at least half time in a degree granting program may
apply for the Signature Loan. This private loan offers creditworthy students
the option to borrow up to the cost of education less financial aid received
annually on their own signature or with a cosigner with no disbursement fees.
Student may qualify for an interest rate as low as Prime Rate and no repayment
fees with a cosigner. International students with a US cosigner may apply. For
a complete view and to apply online www.customschool.com/usa or
call 1-888-272-5543.
*TERI Graduate Loan
The Graduate Loan is available to graduate students enrolled in a degree program at least half time (6 credit hours per trimester). The student or the cosigner must be a U.S. citizen or an eligible permanent resident. Loan approval is based on the applicant’s creditworthiness and ability to repay the loan upon graduation. Applicants may borrow up to $25,000 annually based on their own credit or up to cost of education annually if they apply with a creditworthy cosigner. Interest rate is variable. Repayment begins up to 9 months after graduation.
Call 1-800-255-TERI or www.teri.org for more information.
For More Information:
If you need more information on Financial Assistance options, please feel free to contact our Financial Aid Coordinator, Donna McCutchan, at (800) 241-1027, ext. 208, or email dmccutchan@usa.edu.
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