Spring 2026 Aid Disbursement |
- Spring disbursements started on January 3, 2026, for students registered in at least 5 credit hours.
- The spring bill is due February 28th, balances after that date will accrue a late fee.
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The 2026-27 FAFSA is now open!! Complete the FAFSA to receive aid beginning next Fall 2026.
- Don't hesitate to contact the OSFA team at medicine.uic.edu for an educational debt management counseling appointment! We can assist with your budgeting needs, loan navigation, and financial aid understanding
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M4 Student Loan Repayment Strategies Live Webinar |
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AAMC M4 Senior Loan Exit Interview Live Webinar
COM OSFA will host a live webinar on student loan repayment strategies presented by Jonathan Chancellor, Education Debt Management Specialist at the AAMC. Everything you need to know about student loan repayment, loan forgiveness and budgeting as a Resident will be discussed during this session. It is strongly recommended that all M4 student loan borrowers attend.
Chicago Campus: The webinar will be viewed as a group during your respective TTR course.
February 9th at 2:15 PM in Room 220 CMWT
February 23rd at 2:15 PM in Room 220 CMWT
March 9th at 2:15 PM in Room 220 CMWT
Rockford Campus: March 6th at 2:00 PM
Zoom link: https://aamc-org.zoom.us/j/98774349044?pwd=OEFToNWE2H2hYRzPY40ebxdcTfPXCr.1
Peoria Campus: March 9th at 1:00 PM, Auditorium B at Jump Training and Simulation Center
Zoom link: https://aamc-org.zoom.us/j/96840139095?pwd=yHDC52F0VpyK5TyXADeH4UDiXbB6s0.1
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Join Us: Financial Literacy Webinar Series |
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The COM Office of Student Financial Aid and Debt Management is pleased to announce the Financial Literacy Webinar Series covering various topics to help you manage your finances after graduation. While these webinars are designed for M4 students, all students are welcome to attend.
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North Star
Tuesday, February 10, 2026, 12:00 PM - 1:00 PM
Register Here!
Topics:
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- How to build a financial plan
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Understanding your emergency reserve and cash flow
- Debt Management
- Financial considerations when moving
- Understanding Employer Benefits
- Risk management
- What to look for in a financial advisor
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Home Financing for Medical Students and Residents
Tuesday, February 17, 2026, at 1:00pm CST
Register Here!
This webinar, presented by Matt Tobel of Huntington National Bank, explains best home financing practices for graduating medical students and residents. He will also highlight the proper steps to take when applying for a loan and questions to ask loan officers. Register for this exciting and interactive webinar now!
Generational Financial Partners, LLC
Friday, February 25, 2026, 12:00 PM - 1:00 PM
Register Here!
Topics:
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Institutional Loan Opportunities |
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Loan Guidelines and Applications: https://medicine.uic.edu/financial-aid/forms/
Loans for Disadvantaged Students (LDS)
Deadline: March 8, 2026
All Class Levels are eligible; Must be U.S. Citizen or Permanent resident; FAFSA Required
The LDS program provides long-term, low-interest rate loans to full-time (12+ hours for fall AND spring term), financially needy students from disadvantaged backgrounds to pursue a medical degree. Applicants MUST provide their parent’s 2023 federal tax returns to determination of eligibility, regardless of age or marital status.
Primary Care Loan (PCL)
Deadline: March 8, 2026
M4 students only; Must be U.S. Citizen or Permanent resident; FAFSA Required
The PCL program strives to increase the number of primary care physicians by providing low-interest loans to full-time (12+ hours for fall AND spring term), financially needy students to pursue a degree in allopathic or osteopathic medicine. PCL awardees will be finalized after Match Day. Applicants must provide their parent’s 2023 federal tax returns or submit signed copies of their or their parent’s federal tax returns for the past 3 years (2022, 2023, and 2024) to prove your independent status.
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Scholarship and Professional Development Opportunities |
Deadline: February 8, 2026
Available to University of Illinois sports students who demonstrate excellence in athletic endeavors and academic pursuits.
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Internal Deadline: February 9, 2026
Available to current M2 students set to graduate in May 2028 who have shown leadership in efforts to eliminate inequities in medical education and health care. The students should have demonstrated leadership initiative in addressing the educational, societal, and health care needs of racial and ethnic minorities in the United States. One UI COM student will be nominated to apply for this scholarship, based on the preliminary application submitted in SnAP. The internal application for nomination is available via the UIC SnAP scholarship portal.
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Deadline: February 9, 2026
Available to current M3 students set to graduate in May 2027. The Physicians of Tomorrow program is one of the AMA Foundation’s flagship initiatives, designed to support and elevate the next generation of physician leaders. By providing substantial tuition assistance and national recognition, the program invests in medical students who embody the values of leadership, academic excellence, and a commitment to advancing health equity. Must be a U.S. Citizen, permanent resident, or have DACA status.
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Deadline: February 20, 2026
Available to international students that are dedicated to intercultural and international advancement on the UIC campus and the Chicago community. Students may self-nominate or nominate a peer to receive the ISASA.
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Deadline: February 20, 2026, 5:00 PM
This award honors the Corps’ commitment to education and cultural exchanges that foster international understanding and supports the academic and professional development of UIC international students.
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Deadline: February 28, 2026, 6:00 PM
Available to American Indian and Alaska Native students that are members of federally recognized Tribes. Scholarship recipients agree to fulfill a service commitment in full-time clinical practice upon completion of their academic or post-graduate clinical training (minimum 2 years).
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Which expense is typically included in the Cost of Attendance?
A. Tuition
B. Mandatory fees
C. Living expenses
D. All of the above
*Submit your answer to medicinefinaid@uic.edu for a chance to win UIC swag. Students must be registered for the current term to win. The answer and winner will be disclosed in next month's newsletter.
Previous Question:
What is the name of the standard form for federal student aid in the U.S.?
Answer: FAFSA
Thank you to the students who responded to last month's trivia question.
**Congratulations to Ryan Marmis, the January trivia winner!!!
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The Financial Aid and Debt Management team is here to support students in any way possible. Join our Slack channel (#announcements-financialaid) for the latest updates. Please do not hesitate to contact us at medicinefinaid@uic.edu for assistance!
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University of Illinois College of Medicine 1853 W. Polk St. | Chicago, IL 60612 US
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