Today is Thursday, Nov. 14, 2019

Medical Student Financial Services

Continuing Student Financial Aid Instructions: 2020 - 2021

The instructions below are also available for download - 20-21 Continuing Student Instructions (PDF)

 

The Free Application for Federal Student Aid (FAFSA)

 

 

Complete the 2020-2021 FAFSA at fafsa.gov.  The medical school shares a federal school code (003125) with the University of Cincinnati main campus.

Students who wish to receive consideration for UCCOM institutional need-based scholarships and/or need-based loans must include parental information on the FAFSA.  Answer 'Yes' to the question "Do you want to answer questions about your parents?" found in the Dependency Status section of the FAFSA. Students who respond 'No' will still receive full consideration for federal student loans.

IRS Data Retrieval Tool

If you filed a federal tax return for 2018, you should use the IRS Data Retrieval Tool (IRS DRT) when you complete the FAFSA.  To do so, click the 'Link to IRS' button when prompted in the Financial Information section of the FAFSA.  Applicants who do not utilize the IRS data retrieval process and are selected for Verification will have to request a tax transcript from the IRS or document their status as a non-filer.

Statement on FAFSA and Divorced or Separated Parents

 

Students who wish to be considered for institutional need-based financial aid must supply parental information on the FAFSA.  If your parents are divorced or separated and don't live together, answer the questions about the parent with whom you lived more during the past 12 months (and include your stepparent if that parent is remarried).  If you did not live with one parent more than the other over the past 12 months, give answers about the parent who provided more financial support during the past 12 months or during the most recent year that you actually received support from a parent.

UCCOM Financial Aid Application

 

Complete this application at MedOneStop. Login using your ID and password and follow the links under "Financial Aid".  When the application is complete, click "Submit" to upload it to the College of Medicine Office of Student Financial Services.  Submit this application by March 15, 2020.

2018 Federal Tax Returns

 

 

 

If you apply for need-based aid, you must also submit SIGNED copies of 2018 Federal Tax Returns (including all schedules) and W-2's for yourself, your parents, and  your spouse if you are married to the College of Medicine Office of Student Financial Services.  If you, your spouse, or your parents did not file a federal tax return for 2018, you must complete the 2020-21 Tax Waiver Statement, available on our website under Forms.  Signed documents may be submitted via email (MDFinAid@uc.edu), fax (513-558-1100), or mail (address on left side of this webpage).

March 15, 2020 Application Deadline

The deadline to complete the financial aid application process outlined above, is March 15, 2020.  You can check on the status of your application at MedOneStop. Click on "Financial Aid" and follow the links. 

Award Offer Notification

In July, you will receive an email notification when your official award offer is available online for you to view and accept. This notification will be sent to your UC email account and will direct you to the 'My Finances' tile at catalyst.uc.edu.

Accept Federal Direct Unsubsidized Stafford Loan

Upon viewing your official award offer, you will then accept the amount of Federal Direct Unsubsidized Stafford Loan funds you wish to borrow for the upcoming year. Accept only what you are sure you will need. We recommend students borrow conservatively and then request increases from their unused loan funds later in the year if needed.  

New for 2020-21: Students that are awarded UCCOM need-based financial aid for 2020-21 must accept a minimum of $20,000 from the Federal Direct Stafford Loan during the same academic year in order to receive their institutional funds.  Students who borrow less than the $20,000 threshold will forfeit any UCCOM need-based aid. 

Accept Federal Direct Grad PLUS Loan If you need to borrow above the annual amount of your Federal  Unsubsidized Stafford loan, the next level of borrowing is the Federal Graduate PLUS Loan. To receive this loan, you must submit a 'Grad PLUS Loan Request Form' to the College of Medicine Office of Student Financial Services.  It is available in the Forms section of our website. This form can be submitted throughout the academic year. If you do not use your full eligibility, you may request additional funds later in the year.

If this is the first year you are borrowing a Grad PLUS Loan, you will need to also complete a Master Promissory Note (MPN) specific to this loan program.  To do so, visit studentloans.gov and select "Complete Loan Agreement for a PLUS Loan (MPN)" under the Graduate/Professional Students tab.