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Financial Aid FAQs

 

Please see below for a list of commonly asked questions. If your question is not answered, or you need clarification, please contact Emily Gonzalez at CVM-DVMFinancialaid@osu.edu

How do I apply for Financial Aid at the Ohio State University? 

Complete the Free Application for Federal student Aid (FAFSA) online at http://www.fafsa.ed.gov/. By completing the FAFSA, you will be considered for federal student aid which would include the Health Professions Student Loan (HPSL), federal unsubsidized loan and the Federal Grad/Plus Loan. You do NOT need to secure loan applications from independent banks in order to receive federal loans at Ohio State.

 

Who should complete the FAFSA?

Any applicant interested in applying for federal student aid and has been accepted to The Ohio State University College of Veterinary Medicine and any applicant whose admissions application status is still marked as "deferred" as of the 1st of January.

 

What is the deadline for completing the FAFSA?

The FAFSA may be submitted anytime AFTER October 1st. There is no deadline for completing the FAFSA. However, in order to be considered for ALL available funding, your FAFSA will need to be completed and submitted no later than February 1st.

 

What if I completed the FAFSA last year?

The FAFSA needs completed every single year you plan on using federal funding by February 1st. 

 

Why should I provide parent income information on the FAFSA when my parents provide no financial support for me, and I am independent?

Providing parent information on the FAFSA is OPTIONAL and does not affect your dependency status. However, in order to be considered for the Health Professions Student Loan (HPSL) the Federal Government requires parent information. More information on HPSL can be seen on the main financial aid website

 

If I provide parent income information on the FAFSA, will this hurt my financial aid award package?

No. If your parent income information is too high to make you eligible for the HSPL, it is just ignored! Providing parent income information can only help you; it can never hurt your financial aid packages and is optional.

 

When will I be notified of my financial aid award?

Award notifications are emailed to new incoming students before June 1st to your OSU e-mail account. Award notifications are e-mailed to students in their 2nd, 3rd and 4th year in late April or early June.

 

When do I repay my student loans?

Federal Direct Loans (the unsubsidized and graduate PLUS loans) do not have to repaid until 6 months after you graduate, withdraw from the university, or fall below half-time enrollment. The Health Professions Student Loan (HPSL) does not have to be repaid until 12 months after you graduate, withdraw from the university, or fall below half-time enrollment. The Grad/Plus loan goes into repayment 6 months after you graduate or withdraw from the University or cease to be enrolled half time. 

 

Can I receive financial aid for my living expenses?

Yes. If you complete the FAFSA, you will be awarded enough financial aid to cover your entire cost of attendance while enrolled in the College of Veterinary Medicine, which includes direct costs to the university and an allotment for cost of living expenses. More information on this process can be seen on the main financial aid website

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