Sources of Funding for Medical Students
USC awards $29.4 million in need-based grants, merit scholarships, loans and work-study through a combination of state, federal, university and private funds. More than 80 percent of Keck School medical students receive some type of financial assistance from the USC Financial Aid Office. Assistance is available from the following sources.
University of Southern California
- University scholarships. Students must demonstrate both financial need and merit. Scholarships range from $2,000 to full tuition.
- USC Keck School of Medicine Student Loan. Students who are eligible for university loans will be awarded them.
- Emergency loans. Students may borrow up to $1,000, interest free, for up to 90 days.
Federal loans administered by the USC Financial Aid Office
Private financing
Available to eligible and creditworthy citizens and non-citizens. You may select any lender for your Private Financing Loan. These lenders process loans electronically with USC and disburse loans using Electronic Funds Transfer (EFT).
If you choose a lender that does not process loans electronically with USC, we may need to process your loan manually, and you will receive your funds via paper check. However, regardless of which lender you choose, the Financial Aid office strives to process your loan quickly and accurately.
Other resources
Seek out potential financial aid sources in your community, such as civic organizations, your parents' employers, service clubs, religious affiliations and medical associations. Take the time to research other resources at your local library and online. Here are a few websites to get you started:
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