VCOM College Catalog and Student Handbook

private lenders and are not based on financial need. Private loan eligibility is usually based on the borrower’s credit score. Educational lenders use the credit score in combination with other specific considerations, such as debt-to income ratio and bankruptcy history, to determine eligibility. VCOM does not endorse or promote particular lenders. We highly recommend that students use as much of their Direct Stafford loan eligibility as possible before using Private loans. It is the student’s right and responsibility to choose their lender for any Private loan. It is recommended that a student research the available loan options from multiple lenders before choosing a lender. Students should carefully keep track of all the money they borrow and be aware of the amount that will have to be repaid when interest is added. Financial Aid Entrance and Exit Counseling Entrance and Exit Counseling provide borrowers with important information about their obligations and debt management. Entrance and exit counseling must be completed online at: https://studentaid.gov. Scholarship Information A partial list of scholarships available to medical students (with contact information) is available through the Office of Financial Aid website at: https://www.vcom.edu/admissions/tuition-and-fees/scholarships. While this list is long, it is not an all-inclusive list, and we urge students to also research additional programs on their own.

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