How to Apply
Federal Direct Unsubsidized Loan
In order to apply for the Federal Direct Unsubsidized Loan, students must complete the Free Application for Federal Student Aid (FAFSA) for each academic year. In order to submit a FAFSA, students will first need to obtain a Federal Student Aid ID (FSA ID) from the Department of Education.
According to Federal Regulations, students choosing to borrow their Federal loan eligibility are required to complete Entrance Counseling and a Master Promissory Note (MPN) at the initial time of borrowing and Exit Counseling once ceasing to be enrolled at VTCSOM (www.studentaid.gov)
You are an independent student for federal financial aid purposes (funding through Title IV) which includes the Federal Unsubsidized Loan and Federal Graduate PLUS Loan. However, VTCSOM requires parental information for students who wish to be considered for any VTCSOM need-based scholarship funds. Some students may be required to submit additional documentation for verification purposes. We recommend that students complete the FAFSA by March 1st, to ensure that the information is successfully transmitted to VTCSOM.
Please Note: Please use Virginia Tech’s School Code 003754 to submit the FAFSA.
Direct Graduate PLUS Loan
To apply for the Direct Graduate PLUS Loan, students must have completed the FAFSA and are required to complete an application at www.studentaid.gov. All Graduate PLUS loan borrowers must complete a new application for each year they wish to borrow these loan funds. Once completing the Direct Graduate PLUS Loan application, students are required to sign Direct PLUS Loan Master Promissory Note (MPN). Students who have not previously borrowed a PLUS loan will also be required to complete Entrance Counseling. Students who have an adverse credit history will be required to obtain an endorser.
Private/Alternative Student Loans
Private/Alterative student loans are typically offered by banks, credit unions, and state agencies. Students will have to seek out a lender of their own liking. Students can borrow up to the cost of attendance minus any other financial aid received. All student loans must be certified by VTCSOM in order to confirm a student’s loan eligibility.
VTCSOM Endowed Scholarships
Current students may apply for VTCSOM Privately Funded/Endowed Scholarships by completing the scholarship application form by the established deadline each academic year. Students must submit an essay and information release form. VTCSOM requires parental information for students who wish to be considered for any VTCSOM need-based scholarship funds.
Military and Veterans Benefits
Veterans need to apply for benefits through U.S Department of Veteran’s Affairs. For more information on Post-9/11 Bill and VA education benefits, please visit the U.S. Department of Veterans Affairs website, or call 1-888-442-4551. Once a student receives their Certificate of Eligibility from the VA, they must submit the certificate to the Virginia Tech Office of Veteran’s Services to verify the student’s eligibility. Students can contact the Office of Veteran’s Services at firstname.lastname@example.org or by calling 540-231-5815.
Students can search and apply using online search engines such as FastWeb.com. Please be cautious of scholarships with an application fee, scholarship matching services, sales pitches, and applications requiring sensitive personal information. Students are required to report all outside scholarships to VTCSOM. If you have been awarded any outside scholarships, please submit the Scholarship Reporting form.