Vanderbilt University is the lending institution. Service requirements are usually two to five years. Applications must be requested directly from these organizations during early spring. In addition, students are encouraged to explore funding options available through their home state. Some states have loan repayment programs if you agree to work in a medically under served area in that state.
All financial aid is credited directly to the student account.
The financial aid file must be complete in order for available funds to credit the student account. All loans are disbursed in two equal installments to the student's account at the beginning of each semester. Any institutional loan promissory notes and paperwork must be completed and signed before loan funds disburse to the student account. Typically, scholarship funds are disbursed in the same manner. This figure, with other financial aid formulas, determines the student's eligibility for financial aid based on federal guidelines.