More on Financial Aid
for Medical Students

The Illinois State Medical Society Committee on Financial Aid to Medical Students (Since 1983) Loans to students of all 8 medical and osteopathic schools in Illinois. Maximum loan $4000 per year. 20% of loans go to second year students; rest to those in the3rd and 4th years. Incentive to complete residency in and practice Primary Care. 5.5% simple interest rate. Repayment begins 5 years after graduation, 1 year to repay in 12 monthly payments, interest becomes compounded. Obtain your nomiation through your medical school's Director of Financial Aid. For additional information contact the ISMS at 1-800-782-4767, ask for Yvette Vega at Ext. 1255.

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Rural Illinois Medical Student Assistance Program Helping students since 1948. Joint program of the Illinois State Medical Society and the Illinois Agriculture Association. Assistance for placement and financial aid at the University of Illinois and a few positions at Southern Illinois University. In exchange for a recommendation, with or without loans, the student agrees to practice Primary Medicine in a Rural Community for a minimum of 5 years following completion of residency. Contact the ISMS at 1-800-782-4767, Dick Ott at ext. 1160.

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The American Medical Student Association also has information on student loans. Their toll free number is 800-221-2168.