Loan must be repaid within three years. Sonoma County Medical Association 3033 Cleveland Ave. Any resident of Delaware or a bona fide resident of Delaware who may have temporary residency in another state. Applicant must be a resident of Delaware and training in medicine or dentistry. Applications must be filed in duplicate before May 15th of each year.
Loans are interest free during the recipient's studies.
Interest, as incorporated in the agreement with the Academy, will be charged thereafter at a moderate rate. All loans and eventual interest must be paid in full within 5 years of graduation. Loans are available to qualified students in medicine, theology, nursing, medical technology, and other health-related fields. Based on financial need, scholastic record and extent of assistance reasonably required to complete training. Loans are interest-free until graduation.