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.
Interest begins to accrue on the first day of the fourth month following graduation.
Repayment begins the first day of the fifth month after graduation. Executive Vice President Pensacola Junior College 1000 College Blvd. Permanent residents of the 29 Southern Illinois counties, who are enrolled in an accredited school of medicine. Begins 3 years after graduation. Repayable in 36 monthly installments.