The Medical College of Wisconsin’s financial Aid Office belief is to help every student that required financial aid. MCW counsels students on the terms and conditions of grants, scholarships, and loans.
Students are taught debt management strategies so that they can skillfully manage their debt after graduating. Students are guided on how to simplify the financial aid process, reduce consumer debt, and live within a budget. The college also encourages students to contact their office if they face problems with their loans or tuitions.
MCW offers loans, scholarships, and grants information in great detail on its official website at https://www.mcw.edu/education/academic-and-student-services/financial-aid-and-tuition/financial-aid-new-and-current-students. The Free Application for Federal Student Aid(FAFSA) and the Financial Aid Application(FAA) should be completed to apply for financial aid.
Under student loans, the Medical College of Wisconsin offers Institutional Aid Loans and Wisconsin Medical Society Loans. Institutional Aid Loans are funds that have been donated to MCW for medical students in need. Institutional Loans are interest-free while students are enrolled or through periods of deferment. The interest rate generally varies between 3%-9%. The Wisconsin Medical Society Loan is available to the residents of Wisconsin who are M-2, M-3, M-4 medical students.
Under student grants, MCW offers Primary Care and Psychiatry Shortage Grant, and State of Wisconsin Medical Student Tuition Assistance Grant.
For scholarships, MCW offers MCW Scholarships, Armed Forces Health Profession Scholarship Program, National Health Service Corps Scholarship, Wisconsin Medical Society Scholarships.