Types of Financial Aid
Scholarships & Grants
Scholarships and grants don’t have to be repaid and can be awarded based on a number of criteria. Selection of scholarship and grant awards can be made on demonstrated financial need, field of study, academic merit, and participation in a specific program, activity or organization, or a combination of the above.
Student loans are a self-help aid that must be repaid. NEOMED offers federal and institutional loans as part of a student’s financial aid award after reviewing eligibility for grants and scholarships.
International students are not eligible for federal student aid. However, there are a number of different alternatives for funding your education. International students who require a student loan will need to secure a loan with a private student loan lender; lenders will require a loan cosigner who is a U.S. citizen to be approved.