We at Penn Vet understand that affording your education can seem daunting. We are committed to helping you every step of the way — through budget plans, loan applications, the latest scholarship information, and more. Friends and alumni of Penn Vet play key roles in supporting student scholarship aid to help reducing our students' debt.
Please note that we can only answer individual questions regarding financial aid if you have accepted an offer to attend our school.
Staying organized with your financial resources is critical to your success and peace of mind while you are a student at Penn Vet and beyond.
Because paperwork for financial aid takes at least eight weeks to process, you should start on it just as soon as you've accepted a place in the class.
Cost of Attendance
The total cost of attendance for one year at Penn Vet includes tuition, fees, and estimated expenses for books, supplies, and room and board. There are also miscellaneous costs for such things as personal items, loan origination fees, and health insurance premiums. (Health insurance is mandatory for all Penn Vet students.)
We advise you to apply for a federal student loan as soon as you have accepted Penn Vet's offer for admission.
There are three types of educational loans for which you may apply:
- Unsubsidized Federal Direct Loan
Federal Direct Grad PLUS Loan
This is a supplemental federal loan that can be used for any remaining educational expenses. Because the Grad PLUS is a credit-based loan you should review your credit report and resolve any issues before submitting your application. Adverse credit could prevent you from securing this loan. Penn Vet cannot offer financial assistance to replace this loan.
Health Profession Loan
This is a subsidized, need-based loan. To apply, students are required to submit parental information on the FAFSA — regardless of your age or marital status or your parents’ willingness to pay. Eligibility is determined by your parents' assets (income, property, savings) and assets and income belonging to you and your spouse (if applicable).
Although private loans are available, Penn Vet considers federal loans to be a better option. These government loans offer repayment benefits, loan forgiveness options, and other important benefits that private loans do not.
To learn more about private loans, follow this SRFS link to the section on alternative / private loans.