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Student Loans

Home > Foundation > Student Financial Services > Loans

 

Student Loans 

To ease the stress of funding a medical education, The Foundation of the Pennsylvania Medical Society offers affordable loans with personalized customer service to Pennsylvania residents enrolled in fully accredited Pennsylvania medical schools. Through our Student Financial Services (SFS), medical students are able to fulfill their dream of becoming a physician

Applications

Students attending fully accredited Pennsylvania medical schools, except LECOM, should mail a medical student loan application to their school's financial aid office. Students attending Lake Erie College of Osteopathic Medicine (LECOM) should mail a LECOM medical student loan application to the Foundation's SFS office.

Loan highlights:

  • Individual loans go up to $10,000, minimum of $6,000
  • Aggregate total up to $30,000
  • Interest rate will not exceed 6% during school or deferment
  • No payments required during school or deferment
  • No loan fees

NOTE: In order to receive a financial loan, awardees must apply for a PAMED membership in addition to meeting all eligibility requirements. To view the complete list of eligibility requirements, and other loan benefits, download Loan Information here.

Student Financial Services Borrower Web Portal

Our borrower portal allows active Foundation borrowers to access accounts regarding personal and financial information associated with active loans. Essential tools within the portal could include:

  • ​Verify receipt of payment
  • Request a statement of account
  • Obtain current principal balance
  • Update contact information
  • Update medical school and residency training information
  • Review check disbursement
  • Review interest rates
  • Review school and deferment interest accrued
  • ​Request various forms
  • Send inquiries or comments directly to the student financial services staff
  • Link directly to information on the Foundation’s website

 



If you would like more information on loans or scholarships, contact me!

Deborah K. Monko
Director, Student Financial Services
Email: dmonko@pamedsoc.org
Phone: (717) 558-7854
Office Hours: Monday-Friday, 7:30 a.m. to 4 p.m