The Office of Student Services is committed to assisting qualified students in obtaining appropriate financial aid resources. Eligible dental students have access to low-interest federal and university loan programs. Scholarship programs also exist for qualified students.
The majority of students receive some form of financial aid, particularly from Federal Loan programs. Beyond that, alternative loans are available.
The Office of Student Services is sensitive to student needs and provides individual attention through the application, packaging and disbursement process. Students receive specific and detailed information on financial assistance prior to Fall registration. All student borrowers receive entrance and exit counseling. Debt counseling is an on-going service the school provides so that each student is able to make educated decisions related to current and future financial planning. Specific information is available through the Office of Student Services (618) 474-7175.
School of Dental Medicine Financial Aid Office Contact Information:
* Title IV Code: E00606
* Office Address: 2800 College Avenue, Building 273, Alton, IL 62002
* Office Phone/Fax: 618-474-7175/618-474-7249
* Email: ghollid@siue.edu
The SIU School of Dental Medicine offers eligible students financial aid in the forms of loans and scholarships. The kind of aid received can be categorized into two different types: gift aid and self-help aid. Self-help aid most often comes in the form of loans and it must be repaid. Gift aid normally comes in the form of scholarships and usually does not have to be repaid.
Loans are available to SIUE students through federal, state and institutional programs to assist with educational costs. Some loans require financial need, but others are available to students with no financial need.
First time loan borrowers, please make certain that you have completed Entrance Counseling .
Students and parents can also use the online Debt/Salary Wizard to help determine how much to borrow based on current or future income.
Scholarships are one form of financial aid given to students to help and pay for their education, and are offered by governments, colleges and private, outside sources. Scholarships are generally a form of a gift and do not have to be repaid; they can be based upon financial need, merit, or both.
| Name of Loan |
Eligibility | Benefits & Interest Rate |
Repayment |
| Federal Stafford Loans | |||
| Federal Stafford Loan (Subsidized) |
Half- or full-time student, citizen or permanent resident of U.S. | $8,500 per year to eligible borrowers. Interest rate will be fixed, not to exceed 8.25%. |
Six months grace periodfor first time borrowers; 120 months to repay |
| Federal Stafford Loan (Unsubsidized) | Half- or full-time student, citizen or permanent resident of U.S. | Interest rate will be fixed, not to exceed 8.25%. | Six months grace period for first time borrowers; 120 months to repay |
| Federal Graduate PLUS Loans | |||
| Federal Graduate PLUS Loans |
Half- or full-time student, citizen or permanent resident of U.S. | Up to total cost of education, less other financial aid. Interest rate will be fixed at 8.5%. |
Check with your lender about deferment. |
| Federal Health Professions Loan (HPL) | |||
| Federal Health Professions Loan (HPL) | Half- or full-time student, citizen or permanent resident of U.S. | Based on need. Interest rate is 5%. Parental information required | Twelve (12) month grace period; ten year repayment |
| Federal Perkins Loan | |||
| Federal Perkins Loan | Half- or full-time student, citizen or permanent resident of U.S. | Amount varies each year. Interest rate 5% | Six months grace period, $30 minimum monthly payment; 10 yr. repayment |
| Alternative Loans |
|||
| Alternative Loans |
(Please visit the Alternative Loans page for more information.) |
||
| Residency Loans |
|||
| Residency Loans |
(Please visit the Residency Loans page for more information.) |
||
| SIU-SDM Short-term Loans | |||
| SIU-SDM Short-term Loans |
Enrolled in SIU/SDM | $400 maximum, no interest | Must repay in 60 days |
|
Please complete Short-term Loan Form and Return to SDM Financial Aid Office for consideration. |
|||
*Please contact the Office of Student Services for further information. Additional financial aid programs may be available.
Selective* Scholarship Programs Available to Dental Students
| Name of Scholarship | Eligibility | Scholarship Award | Application Process |
| U. S. Military Scholarship | Half- or full-time student, citizen of U.S. | Pays all educational expenses plus monthly stipend | Contact your local recruiter for specifics |
*Please contact the Office of Student Services for further information. Additional financial aid programs may be available.
CougarNet: To access an award letter, view your SIU account, and change your address.
Signmyloan.com: To sign and accept your Perkins Loan promissory note.
Illinois Student Assistance Commission: To access a site for State of Illinois scholarship programs such as National Guard; Veterans Grant; Police, Fire & Correctional Officers dependents; MIA/POW dependents; General Assembly; Allied Health Care; etc.
Direct Loan Servicing: To access your Federal Direct Loan information, deferments, forbearance, and consolidation information.
National Student Loan Data System: To access your student loan information. Provides the amount of Subsidized, Unsubsidized, and Perkins loan money that a student has borrowed throughout their academic career.
