Federal Loans

Students enrolled at least half time in a degree or graduate certificate program at Eastern Virginia Medical School are eligible to apply for federal student loans.  See the Application Process for details on eligibility and how to apply.  Students will receive an award notice detailing loans for which they are eligible to complete the loan process.

Federal loans would include Title VI loans:  William D. Ford Direct Stafford Loan and William D. Ford Direct Grad PLUS Loan

For MD students, Federal Title VII loans from the Health Resources and Services Administration (HRSA) may also be available based on meeting eligibility requirements. 

All federal loans carry a right of rescission or right to cancel

Students should carefully read all rights and responsibilities associated with each loan as provided in the promissory note for each. 


NOTE:  Interest rates for each academic year are available online from the federal government at StudentLoans.gov.  Historical rates are available by link.



Interest Rates for Direct Loans First Disbursed on or After July 1, 2014*

Loan Type

Borrower Type

Loans first disbursed on or after 7/1/15 and before 7/1/16

Loans first disbursed on or after 7/1/14 and before 7/1/15

Direct Subsidized Loans




Direct Unsubsidized Loans




Direct Unsubsidized Loans

Graduate or Professional



Direct PLUS Loans

Parents and Graduate or Professional Students



All interest rates shown in the chart above are fixed rates for the life of the loan.

*Excerpted from https://studentaid.ed.gov/types/loans/interest-rates.