The William H. Walton Student Loan Program is offered to individuald from southern Illinois for the sophomore, junior, and senior years of medical school. One must apply during the freshman year. It is available for a maximum of 3 years per person. It will
pay a maximum of $5000 per year. Starting one year after graduation, interest on the loan is one half of the then current prime rate. After four years more, it is at prime rate. If one practices in one of the 29 counties of Southern Illinois (roughly south of Interstate-70, see Who are we?) for a
period of 3 years, there is an additional incentive on the interest charged.
Applicants would require a letters recommending the loan from SIMA members. The request should be sent to:
Southern Illinois Medical Association
Dale H. Rosenberg, M.D.-Executive Secretary-Treasurer
c/o Betty Burkhart, CMA
74 Dale Allen Drive
Belleville, IL 62226-5725
More information on financial aid to medical students from other agencies.
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