1. Financial Aid Entrance Overview Campbell University School of Osteopathic Medicine

2. Class of 2022: MS-1 Budget
Tuition…………………………………………...…...….$47,900 Fees………………………………………………………..$ 1,760 Estimated Books, Supplies, Equipment…......$ 3,000 Estimated Living Expenses (Room, Board, Transportation, etc.)……...…$ 19,100 Loan Fees………………………………………………$ 1,765 Total Cost of Attendance………….……………...$ 73,525

3. Applying for Federal Aid
File your FAFSA (
FAFSA is available October 1, 2017

4. US Citizens and Permanent Residents
Federal Loans
US Citizens and Permanent Residents
Federal Direct Unsubsidized Loan
$40,500 – year 1-2
$47,167 – years 3 – 4
Interest Rate: 6%
Federal Direct Graduate PLUS Loan
Interest Rate: 7%
Credit Requirement: Good credit history or no credit history
 Interest rates for loans are valid when the first disbursement of the loan occurs, not when you sign your Master Promissory Note(MPN).

5. Loan Origination Fees Federal Direct Unsubsidized Loan 1.066%
Federal Direct Graduate PLUS Loan
4.264%
Example: Borrow $40,500 with 1.069% orig. fees:
$40,500 x 1.066% - $ orig. fee paid to Dept. of Ed =
$40, disbursed but repayment = $40,500 + interest of 6% = $42,930.00
Example: Borrow $10,000 with 4.264% orig. fees:
$10,000 x 4.264% = $ orig. fee paid to Dept. of ED
$9, disbursed, but repayment = $10, % interest = $10,700

6. Private Student Loans
Interest Rate: Usually variable, rate depends on lender & loan
Credit Requirement: Most require particular credit score

7. Live Within Your Means Borrow what you need, not what you want
Decline loans that exceed your need

8. Your Current Federal Loans
Finding your Federal Loans
To access:
SSN
Date of Birth
First 2 letters (last name)
FAFSA Pin # (

9. Finding Other Current Loans
Finding other loans
To access:
Name
Address
Date of Birth
SSN

10. CU Billing
The CU Business Office will mail an invoice to your current residence approximately two weeks before classes begin.
If you will not be paying your tuition with student loans, the general rule is that tuition is due on the first day of class.
Charges can be paid to the University by mailing a check or paying online through the University’s TOUCH NET System.

11. Financial Aid Disbursement
Completion of all loan requirements
Be registered for the correct number of classes
Loans Disbursement
If you do not meet the requirements above, your loans will not disburse!

12. Refunds for Living Expenses
Sign up for direct deposit prior to loan disbursement.
E-Refunds are scheduled to be processed five days after the start of class.

13. There is no penalty for prepayment of student loans.
While In-School
In-School Deferment
Make payments on accruing interest –if you can!
There is no penalty for prepayment of student loans.

14. WELCOME TO CAMPBELL!
Q & A with Sherry

15. Sherry Smith Asst. Director of Financial Aid CUSOMFinancialAid@campbell.edu 910-893-1761