Financial Aid Information - School of Medicine - Emory University

Financial Aid Handbook
2008–2009
Emory University
School of Medicine

Emory University is accredited by the Commission on Colleges of the Southern Association of
Colleges and Schools (1866 Southern Lane, Decatur, Georgia 30033-4097; telephone number
404.679.4501) to award degrees at the associate, bachelor’s, master’s, and doctoral levels.
The editor wishes to acknowledge the agencies whose publications provided source information
and to thank those persons in the School of Medicine and Office of Financial Aid whose
comments greatly enhanced the accuracy and presentation of material.
Information in this handbook is current as of September 2007. We will attempt to keep
students and applicants informed of any changes made during the coming year. #105025

Message from the Executive Associate Dean
Dear Medical and Health Professions Student/Applicant:
Thank you for your interest in The Emory University School of Medicine’s academic
programs. We realize that the financing of your medical education is a serious matter. We
attempt to offer the maximum financial aid possible to all students. Ultimately, however,
the primary responsibility for meeting the costs of a medical education rests with the
student and his or her family.
A student seeking financial aid must submit the Free
Application for Federal Student Assistance (FAFSA) to
Federal Student Aid Programs and the Profile to the College
Scholarship Service for calculation of student and family
contributions using federally mandated methods. Students
wishing to be considered for receipt of Emory School of
Medicine aid (which includes scholarships and low-interest
loans) must provide parental information on the Profile.
Students who plan to apply for only federal and other outside
aid do not need to supply parental information and may file
only the FAFSA.
Applications for financial aid must be submitted annually.
The aid package may change from year to year, based on the
financial situation of the student and the student’s family. John William Eley, MD, MPH
A Financial Aid Focus Group Session is conducted by
the School of Medicine at least once a year, at which time
interested students are invited to meet over lunch with members of my staff, as well as
staff from the Offices of Financial Aid and Student Financial Services, to explore areas
of interest and concern. Debt Management Sessions and exit interview sessions are
conducted specific to the needs of each class of students.
We are available to assist you in the financial aid application process and to answer
your questions. Please feel free to call upon us. We wish the very best to you as you
embark on your healthcare education.
Sincerely yours,
John William Eley, MD, MPH
Executive Associate Dean for
Medical Education and Student Affairs

Table of Contents
GENERAL
University Policies. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
Rights and Responsibilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
Student Financial Planning . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
Budget Worksheet. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
Intergenerational Income Sharing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
Financial Aid Awards Process. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
Eligibility Determination . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
Transfer Students . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
Disbursement of Funds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
Adjustments to Aid Packages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
The Student Loan Process. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
Applying for Credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
Credit History and Credit Rating . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
Loan Deferment While Enrolled . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
Leave of Absence . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
Entrance Counseling . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
Exit Interview . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
Capitalizing Interest. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
Loan Consolidation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
Defaults on Student Loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
Deferments and Forbearance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
MEDICAL STUDENTS
Important Financial Aid Dates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Checklist for Required Documents. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
Tuition and Fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15
Student Budgets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17
Academic Requirements for Financial Aid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18
Types of Aid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
Student Debt Record . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
Federal and Private Loan Programs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
Scholarships . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26
HEALTH PROFESSIONS STUDENTS
Important Financial Aid Dates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35
Checklist for Required Documents. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36
Tuition and Fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38
Student Budgets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39
Average Indebtedness of Graduates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39
Federal and Private Loan Programs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40
Undergraduate Aid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42
Scholarships and Other Aid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 43
Contacts for Health Professions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47
GLOSSARY . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 48
HELPFUL WEB SITES . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 51
DIRECTORY OF OFFICES AND PERSONNEL . . . . . . . . . . . . . . . . . . . . . . 52

University Policies
Equal Opportunity Policy
Emory University does not discriminate in admissions, educational programs, or employment
on the basis of race, color, religion, sex, sexual orientation, national origin, age, disability,
or veteran status and prohibits such discrimination by its students, faculty, and staff. Student,
faculty, and staff are assured of participation in University programs and in use of facilities
without such discrimination. The University also complies with all applicable federal and
Georgia statutes and regulations prohibiting unlawful discrimination. All members of the
student body, faculty, and staff are expected to assist in making this policy valid in fact.
Any inquiries regarding this policy should be directed to the Emory University Office of
Equal Opportunity Programs at the address or phone number below.
Affirmative Action Policy
Emory University has an approved Affirmative Action Plan and complies with Executive Order
11246, as amended, Section 503 of the Rehabilitation Act of 1973, the Vietnam Era Veterans’
Readjustment Assistance Act, and applicable regulations thereunder. Any inquiries should be
directed to the Emory University Office of Equal Opportunity Programs.
The Office of Equal Opportunity Programs is located in the Administration Building,
1380 South Oxford Road, Emory University, 404.727.6016.
Americans with Disabilities Act
If you are an individual with a disability and wish to acquire this publication in an alternative format,
please contact the Office of Medical Education and Student Affairs, School of Medicine, 1648 Pierce
Drive, Atlanta, Georgia 30322. Telephone: 404.727.5655; Fax: 404.727.0045.
General

General
Rights and Responsibilities
As a Student in the School of Medicine, you have the right
to know:
◆ The cost of attendance
◆ The refund policy for students who withdraw
◆ The types of financial assistance available from federal, state, and institutional sources
◆ Procedures and deadlines for submitting applications for financial aid
◆ How financial aid recipients are selected
◆ How your financial eligibility was determined, including all resources the Financial Aid
Office considered available to you
◆ In what manner and when funds will be disbursed to you
◆ The explanation/description of each type of award you receive
◆ For any student loan you receive: the interest rate, the total amount you must repay, the
repayment schedule and length of the repayment period, and the cancellation or deferment
provisions of your loan(s)
◆ Criteria used to determine “satisfactory academic progress” for financial aid purposes
◆ How to appeal a decision by the Office of Financial Aid concerning your aid award
As a Student in the School of Medicine, it is your
responsibility to:
◆ Read directions thoroughly, complete all applications accurately, and comply with
all deadlines
◆ Provide all supplemental information or documentation required by the Office of Financial
Aid or other agency if applicable
◆ Read, understand, and retain copies of all forms you are required to sign
◆ Repay all student loans you receive
◆ Complete an entrance interview and an exit interview if you receive federal, state, or Emory
University loans while in attendance at Emory
◆ Notify the Office of Financial Aid of any change in your enrollment status or financial status
(including any scholarships or grants received from outside sources)
◆ Report change of address and/or enrollment status to your lender
◆ Know and comply with all requirements for continuation of financial aid, including
requirements for satisfactory academic progress

Student Financial Planning
Financial Planning Should Include:
◆ Defining goals
◆ Collecting data and ascertaining costs
◆ Identifying income sources
◆ Analyzing cash flow
◆ Outlining options
◆ Designing the budget
◆ Maintaining records
General
To Cut Costs and Match Expenses, We Advise Students to:
◆ Share housing with roommate(s)
◆ Keep telephone costs down
◆ Rely on public transportation when feasible
◆ Minimize trips of long distance
◆ Make travel plans in advance
To assist in determining your budget, use the worksheet on page 4 to project expenses for
all four years (estimating a 4-5 percent increase per year). List all possible resources. Include
income, savings, and contributions from parents, spouse, spouse’s family members, and other
extended family members. A promissory note for intergenerational income sharing might be
considered, a sample of which is included on page 5.
Subtract resources from expenses, and you will have your estimated need. Compare it to the
budget for your class, on page 17 for medical students and page 39 for allied health students,
and make adjustments if necessary.
Good Habits for a Sound Financial Future
◆ Limit your use of credit cards; save them for emergencies.
◆ Cut up all but one of your credit cards; you only need one.
◆ Get in the habit of saving, even if you can only save $5 per month.
◆ Budget your money just as carefully as you budget your time; put yourself on a monthly
budget and stick to it.
◆ Keep accurate records of your total debt and minimize it.
◆ You may not be offered as much money as you expect when you graduate, so plan
accordingly by estimating now what your discretionary (after-tax) income will be after
school.
◆ Not all loans are alike; know the differences and borrow wisely.
◆ Don’t start living the lifestyle of a professional until you have completed your training.
◆ Plan now for the financial future you want. Each time you borrow money while in school,
you are influencing your financial future.

General
Budget Worksheet
Monthly Annually
Income
Grants, Scholarships ________________ ________________
Subsidized Stafford Loan (net) ________________ ________________
Unsubsidized Stafford Loan (net) ________________ ________________
Summer/Annual Earnings ________________ ________________
Other Loans ________________ ________________
Investment Income ________________ ________________
Savings/Other Assets ________________ ________________
Spouse Earnings (net) ________________ ________________
Parent Contribution/Gifts ________________ ________________
Total Resources $_________________ __________________
Living Expenses
Tuition ________________ ________________
Books/Supplies/Instruments ________________ ________________
Charge Card Payments ________________ ________________
Rent/Mortgage ________________ ________________
Utilities (elec/gas/water) ________________ ________________
Telephone (local/LD) ________________ ________________
Insurance (all types) ________________ ________________
Groceries ________________ ________________
Meals Out ________________ ________________
Household Supplies ________________ ________________
Clothing ________________ ________________
Laundry/Dry Cleaning ________________ ________________
MARTA ________________ ________________
Car payment ________________ ________________
Car Maintenance, Gas, Oil ________________ ________________
Parking/Tolls ________________ ________________
Travel/Vacations ________________ ________________
Medical/Dental/Medications ________________ ________________
Child Care ________________ ________________
Recreation/Entertainment ________________ ________________
Cable TV/Subscriptions ________________ ________________
Hair Care/Grooming Supplies ________________ ________________
Other ________________ ________________
Total Expenses $_________________ ___________________
Total Resources $_________________ ___________________
Minus Total Expenses $ _________________ ___________________
Equals Surplus/Deficit $ _________________ ___________________
A number of interactive budget calculators are available on the web.

Intergenerational Income Sharing
General
(Sample Form)
______________________ Amount Financed
______________________ Amount of Payments (Per Month)
______________________ For (No. of Months)
______________________ Due Date of Note
______________________ Date First Payment Due
______________________ Interest Rate (Per Year)
______________________ Date Interest will Begin to Accrue
______________________ Date Note Issued
______________________ Total Amount Financed
On or before the due date, I promise to pay to the order of ________________, my parents
(grandparents, guardians), the amount financed at ____________ annual percentage rate from
said due date until paid in full. This arrangement is made with love and appreciation to them
for helping me through medical school.
Payments will be made each and every month from the date of the first payment through the
period necessary to repay this loan in full. There will be no penalty for prepayment or accelerated
payment. It is my sincere hope that these payments will make life easier for my parents
as they approach retirement and will be my way of reciprocating for their contributions to
my medical education.
By my signature below, I acknowledge that I have, prior to consummating this loan transaction,
read and understood the above completed Promissory Note, including all of the credit
disclosures required by law, have received a copy of this Note, and agree to be bound to the
terms and conditions of this Note.
Notary Public
__________________________________
Signature of Maker
__________________________________
Name
__________________________________
Address
__________________________________
Date
__________________________________
Social Security Number
This sample is provided for informational use only. Students and their lenders should consult
their family banker, accountant, or lawyer before final papers are signed.

General
Financial Aid Awards Process
All students applying for aid must submit the Free Application for Federal Student Assistance
(FAFSA). Only if students are interested in consideration for school scholarships and loans
should they submit the Profile to the College Scholarship Service and provide parental
information on the form. Students receive the application forms from the Office of Medical
Education and Student Affairs in the School of Medicine or by mail. Students also may
complete the forms on the web. See page 54 for website.
Students must reapply annually. Applicants should not wait until they are accepted to
submit the Profile and FAFSA nor should students or applicants delay in submitting the
Profile and FAFSA if income tax forms have not been completed. Students and parents
should estimate their income and expenses and submit copies of tax forms to the Office
of Financial Aid at the same time they are forwarded to the Internal Revenue Service.
However, late filers are not guaranteed full award packages since funds may be depleted
by the time aid is approved.
Financial assistance from the school is limited and these funds (loans and scholarships) are to be
regarded as supplemental to other resources such as the student’s resources, parental contributions,
federal, state, and other scholarships and loans, other sources of scholarships and loans, etc. Emory,
along with most medical schools, requires parental information from ALL students applying for
school funds (scholarships and loans) based on eligibility. The parental contribution is not considered
in calculating the student’s eligibility for the Federal Stafford Loan program nor some University
loans. School funds are limited and must be distributed in the most equitable manner possible. A
determination is made of the ability of the family to contribute to the student’s educational
expenses and not their willingness to do so.
Foreign students are not eligible to apply for financial aid at Emory University. However,
there are some private loans available which require a co-signer(s) who is a U.S. citizen and
who meets certain credit requirements. Students must be U.S. citizens or permanent residents
to apply for federal aid. Permanent residents must supply the Office of Financial Aid with
a copy of their Alien Registration Card when making application for aid.
Students seeking permanent U.S. residency may be given a special classification of
Conditional Permanent Residency. Individuals in this classification are eligible for the Federal
Stafford Loan and the Federal Unsubsidized Stafford Loan, but not Title VII loans.
Eligibility Determination
The FAFSA is used to determine eligibility for financial aid under federal regulations. The
Profile is used to determine eligibility for Emory funds, including scholarships and loans.
Transfer Students
Federal loans and loans from outside sources are available for eligible transfer students.
However, by the time transfer students are accepted, the school-based scholarships and
loan funds are sometimes depleted. The same application procedures apply for transfer
students as those required of entering students.

Disbursement of Funds
Approximately one month prior to registration, students receive a pre-term tuition bill
listing the charges for tuition, fees, campus housing, plus any other amounts owed to Emory
University. Financial aid awards for the semester may appear as a credit on the student’s
account, if the signed award letter and all required documents were received by the Office
of Financial Aid at least two weeks prior to the production of the bill. Awards which may
appear as credits include grants and scholarships as well as University loans. Certain funds are
disbursed as checks and may require endorsement. Some loan funds are credited to the student
account by electronic funds transfer (EFT). Refunds will be mailed or direct-deposited to the
student’s checking account. Estimated aid, taken directly from the financial aid award letter, is
shown as a pending credit on pre-term bills. When actual aid is credited, there may be a slight
adjustment to the account balance.
If all loan promissory notes are completed by June 30, loan checks or EFT funds should be
available on registration day. If students are unable to pick up loan checks to be signed during
office hours, they may complete a Request for Special Disbursement for check(s) to be mailed.
Emergency loans are due and payable on the date stated in promissory note or when a credit
balance occurs on the student’s account, whichever comes first.
General
Adjustments to Aid Packages
The Office of Financial Aid reserves the right to make adjustments in a student’s aid
package when:
◆ the student’s support from all sources exceeds eligibility;
◆ the institutional resources change;
◆ the family’s circumstances change, such as number of family members in college.
Receipt of outside scholarships and other resources must be reported to the Office of Financial
Aid and will result in a review of your financial aid package. Students should note these
resources on award letters before returning to the Financial Aid Office.
If your financial situation changes after you submit the Profile and Free Application for
Federal Student Assistance (Profile and FAFSA), it is your responsibility to notify the Office of
Financial Aid. In the event of a substantial change in family circumstances (loss of employment,
death, high medical bills), you may notify the Office of Financial Aid and request a reevaluation
of your award. Your request should be in writing and should describe the changes
in detail, specifying dollar amounts. Any award adjustment is contingent upon your eligibility
according to program regulations and the availability of funds.
Refer to the Emory University Office of Financial Aid publication FINANCIAL AID FACTS
for additional information. The brochure will be sent to you along with your award letter.
Amount of Financial Aid
Students are encouraged to apply for scholarships from sources outside the School of Medicine,
and the dean’s office will assist in these matters. If a student receives funds in excess of the cost
of attending Emory University School of Medicine, the school may reduce scholarship awards
so that a student’s total scholarship award does not exceed the yearly budget. All students are
required to notify the Office of Medical Education of any outside scholarship awards.

General
The Student Loan Process
Applying for Credit
Most creditors, including Emory University, will not extend credit if the “debt to income
ratio” exceeds a selected percentage; that is, if monthly payments on debt, including consumer
debt, exceeds 35 percent (including prior student loans) of gross monthly income for single
borrowers or 22 percent for a joint credit application. However, you are the best judge of your
situation and you may not feel comfortable with a debt ratio as high as 35 percent.
To prevent problems with credit cards, be aware of these danger signals:
◆ When you have no idea what you owe.
◆ When you are using credit cards to buy necessities, such as food.
◆ When you can pay only the monthly minimum.
◆ When you are taking cash advances on one card to make payments on another.
Credit History and Credit Rating
Before you enter medical school, we strongly advise you to pay off all outstanding consumer debts. If you
do not have a good credit rating, you will not be able to borrow money for medical education or finance
a car, a home, or a practice. Your credit rating must be protected at all costs. Some loans (Alternative
Loan Program and GradPLUS, for example) require a credit report. It is the lender’s option to request a
credit report on students applying for the Unsubsidized Stafford Loan. Students should check their credit
reports before enrolling. One copy of your credit report is free. Contact any of these credit bureaus:
Equifax Credit Information Services
800.685.1111
www.equifax.com/
EXPERIAN
866.200.6020
www.experian.com/
Trans Union Corporation
877.622.8228
www.transunion.com
You can request a free annual credit report from all three credit bureaus at the same time through
AnnualCreditReport.com or by calling them at 877.322.8228.
In an effort to keep students’ credit card debt within manageable levels, lenders are now looking very
closely at the amount of revolving debt that students’ credit reports reveal. For students applying for
alternative loans, acceptable ranges of credit card debt based on the student’s grade level have been
established. Students with high levels of credit card debt, even if there are no late payments,
may be denied the alternative loan. If a student is denied the alternative loan based on the excessive
credit card debt, the student, as with other denial situations, has the right to appeal.

Loan Deferment While Enrolled in the School of Medicine
Repayment of most education loans obtained prior to entering school is deferred while the
borrower is enrolled at least on a half-time basis. Deferment forms are available from the
lender(s). The Office of the Registrar, first floor, B. Jones Building, will certify your enrollment.
Please do not neglect the deferment process, as defaults on undergraduate loans will prevent
you from obtaining funding for school.
Students should be aware of the interest rates, origination and/or guaranty fees, as well
as whether or not the interest charges are federally subsidized while the student is enrolled.
Students can contact their lenders or the Emory University Office of Financial Aid regarding
repayment schedules on specific loans and amounts.
Leave of Absence
Students on leave of absence from the School of Medicine are not considered to be actively
pursuing the degree. Most loans carry a six-month deferment period and the student is
expected to begin repayment after this time period. The six-month deferment is a one-timeonly
provision and, upon graduation, the student is expected to immediately begin repayment.
All students on leave of absence are STRONGLY encouraged to contact all their lenders
to apprise them of the change of status and to inquire about any assistance the lender may
provide regarding deferments. Also, loans acquired prior to enrollment in medical school may
enter repayment status while the student is on leave of absence. Students also should contact
lenders for these loans. This does not apply to students who are participants in dual-degree or
preapproved research programs.
Entrance Counseling
All first-time borrowers are required by federal regulations to complete an entrance interview
process attesting to their understanding of certain consumer information. Students must
complete this interview online at mapping-your-future.org/entrancecounseling/ prior to
disbursement of federal loan funds.
Exit Interview
Students who received loans from federal and/or Emory University sources during the course of
their education must have an exit interview prior to graduation or withdrawal. Students receive
summaries of their indebtedness, an estimate of monthly payments, lists of lenders/servicing
centers holding the loans, and deferment, loan consolidation, and refinancing options.
Failure to attend an exit interview may result in an “academic hold” being placed on
student records, transcript, and diploma. The Office of Medical Education and Student Affairs,
Financial Aid, and Student Financial Services conduct exit interview sessions customized to the
indebtedness of medical students and students from each allied health program.
General

General
10
Capitalizing Interest
Under capitalization, unpaid interest is added to the principal of a loan, which increases both
the balance due and the monthly payments. This process adds significantly to the total amount
to be repaid.
Loan Consolidation
By combining multiple education loans into a single debt, borrowers can use consolidation
to increase the payback period from the standard 10 years up to 30 years. The advantages:
Consolidation loans can reduce the monthly payment and simplify bookkeeping and checkwriting
chores. The downside: Extending the payback period will almost always increase
the total amount consumers must pay in interest. Graduates should not consolidate while in
deferment/forbearance. Even a lower interest rate on the consolidation loan may not be enough
to offset the increased interest charges that will result from the extended repayment period.
Borrowers who want to minimize the interest costs of their student loans (these interest
payments are not tax deductible) should choose repayment terms that enable them to pay off
their loans as quickly as possible.
Loan consolidation is available under both the Federal Education Loan program (FFELP)
and the William D. Ford Federal Loan program (FDLP). Under the FFELP, borrowers receive
guaranteed loans from private lenders. Under the FDLP, borrowers receive their consolidation
loans directly from the federal government.
loanconsolidation.ed.gov/
Defaults on Student Loans
Default occurs when student federal loan payment is 270 days past due. The number of
days varies for alternative loans. A technical default occurs when the borrower has not filed
deferment forms or provided other required information. It is the borrower’s obligation to
provide the lender with current addresses. Default rates on loans in the School of Medicine
currently average less than 3 percent. Every attempt must be made to prevent default, for you
will be assessed penalties and late fees, you will be reported to credit bureaus, and your loan
will finally be referred to a collection agency. Further penalties include publication of names of
defaulters and withholding payments for health services performed under Medicare. Further,
a student in default on any Federal loan is not eligible to receive Federal or Emory University
School of Medicine loans and scholarships.

Deferments and Forbearance
General
11
A deferment allows you to postpone repayment of your federal student loan(s) for a limited
period of time. You have a legal right, under specific conditions, to defer payment of both
principal and interest. The chart referenced below is to be used as a guide. Please contact your
lender or holder to determine your deferment eligibility.
To Apply for a Deferment:
◆ Contact the holder(s) or servicer(s) of your loan(s) to obtain the necessary forms.
◆ Complete the forms, have them certified, and return them to your lender or holder.
◆ Continue to make your scheduled payments until you receive confirmation from your lender
or holder that your deferment has been processed.
Federal Stafford (Subsidized and Unsubsidized), Federal GradPLUS, and
Federal SLS Deferments
Deferment Types Length Refinanced & Prior Prior Borrowers New Borrowers
Borrowers Pre-7/1/87 7/1/87–6/30/93 On or After 7/1/93
Full-Time School No Limit X X X
Half-Time School No Limit X X
Unemployment 2 Years X X
Unemployment 3 Years X
Economic Hardship 3 Years X
Graduate Fellowship No Limit X X X
Rehabilitation Training No Limit X X X
Temporary Total Disability 3 Years X X
(Borrower or Spouse)
Internship/Residency 2 Years X X
(which does not lead to a
Degree or Certificate)
Teaching Shortage Area 3 Years X
Mothers Entering/ 1 Year X
Re-entering Work Force
Parental Leave 6 Months X X
Tax Exempt Organization 3 Years X X
Serving in Armed Forces, 3 Years X X
Public Health Service,
Peace Corps, VISTA
National Oceanic & 3 Years X‐
Atmospheric Adm. Inc.
Armed Forces &
Public Health
This chart is to be used as a guide. Please contact your lender to determine your deferment eligibility.
A “New Borrower” is one who on the date he or she applies for a loan, the first disbursement of which is made on or after 7/1/93, has
no outstanding balance on a Federal Stafford (unsubsidized or subsidized), SLS, PLUS or consolidation loan.

General
12
Emory University Deferment Eligibility Chart
Loan Type Grace Full-time Student Internship/ Interest Accrues
Residency and is Due Monthly
Loans for Disadvantaged 12 Months No Limit No limit No
Students Must give grace period Medical studies In medical field
after separation date
Primary Care Loans (a) 12 Months Medical studies 4 Years No
Must give grace period
after separation date
Emory Private Loan (b) 6 Months 5 Years 5 Years Yes
Must give grace period
Refer to
after separation date
promissory note
Emory Student 3 Months None 5 Years Yes
Parent Loan Must give grace period Emory medical
after separation date
graduate only
Emory Student Loan 30 Days None 5 Years Yes
Emory medical
graduate only
(a) Requires completion of primary care residency within 4 years of graduation and practice in primary care until the loan is paid in full.
(b) Interest is due while in grace period.
Visit the Office of Bursar Web site for additional information: www.emory.edu/studentfinancials/Student_Loan_Deferments.htm
A forbearance is granted by the lender or holder and is a temporary suspension or reduction
in payments when a borrower experiences financial hardship and is unable to make scheduled
payments on the loan. During a forbearance, interest will continue to accrue on your loan.
You may have to pay the interest immediately when due, or it may be added to your
loan (capitalized).
Lenders are very willing to work with students who are experiencing financial difficulties;
consequently, it is important to maintain good communications with your lender or holder.
Being granted a forbearance is not one of your rights as a borrower. Rather, it is an
opportunity given to you by your lender or holder and there is no guarantee of being
granted a forbearance.
Once borrowers enter repayment, they may apply for deferments which allow borrowers to
postpone payment of principal of educational loans under certain conditions. The promissory
note for each note outlines the specific deferment provisions. While in deferment the borrower
does not not have to make loan payments. In some instances, interest continues to accrue.
The 1992 Amendments of the Higher Education Act eliminate the two-year loan deferment
for medical interns and residents, effective for new borrower for whom the first loan
disbursement is made on or after July 1, 1993. A borrower whose first disbursement is made
before July 1, 1993 regardless of the amount or number of loans incurred will still be able to
receive the two-year deferment upon entering the accredited internship or residency program.
Further, a new three-year loan forbearance based upon a borrower’s “economic hardship”
was created, effective for the new borrowers for whom the first loan disbursement was made
on or after July 1, 1993. The Secretary of Education is directed to consider income and debt-toincome
ratio as primary factors. Lenders grant forbearance, renewable at 12-month intervals,
for the duration of a borrower’s internship or residency program. Forbearance is granted by a
lender when the borrower is unable to make principal and interest payments due to financial
hardship. Interest continues to accrue.

Medical Students
Important Financial Aid Dates
13
Incoming M1 Students
No later than 4/1/08 Applicants complete the Free Application for Federal Student Aid (FAFSA)
and, if applying for Emory scholarships and loans, the Profile (with parental information). Emory’s
FAFSA code is 001564 and Emory’s Profile code is 0140. Both may be completed on the web.* It is
best to complete both the Profile and the FAFSA together to ensure that the information you provide
is the same on both forms. Applicants requesting only federal and other outside aid may
submit only the FAFSA.
4/1/08 Deadline for receipt of copies of applicant’s, spouse’s, and parents’ 2007 U.S. income
tax returns, schedules, W-2s, corporate and partnership returns by Office of Financial
Aid.**
Complete and submit the College Scholarship Service Non-Custodial Profile application if
applicable. If your biological or adoptive parents are separated or divorced, have your noncustodial
parent complete the Non-Custodial Profile application. The College Scholarship
Service will email you instructions for completion of the online application to forward to
your non-custodial parent. The Non-Custodial Profile application requires a fee. You may
pay by credit or debit card or electronic check when completing the online application.
Rising M2’s, M3’s, M4’s
5/15/08 Complete the Profile Application and the FAFSA. Both the Profile Application and FAFSA
are available from the Office of Medical Education and Student Affairs or on the web.* It is best to
complete both the Profile Application and the FAFSA together to ensure that the information you
provide is the same on both forms. Students must provide parental information on the Profile if they
wish to be considered for School of Medicine scholarships and low-interest loans.
5/15/08 Deadline for receipt of copies of student’s, spouse’s, and parents’ 2007 U.S. income tax
returns, schedules, W-2s, corporate and partnership returns by Office of Financial Aid.**
*Complete FAFSA online at: (code 001564)
www.ed.gov/offices/OPE/express.html
Complete Profile online at: (code 0140)
www.collegeboard.com
**Computer-generated tax returns are acceptable if formatted line by line as a 1040. Form
8453 (produced when an electronic tax return is filed) is not acceptable. If filing for an
extension, the financial aid award will remain tentative until the final tax return is received
by the Office of Financial Aid. If you are a non-tax filer, submit a written statement that a
tax return will not be filed.

Medical
14
Checklist for Required Documents*
Document
Date Sent
Profile Application (Provide Parental Information)
Deadline: April 1
Free Application for Federal Student Aid (FAFSA)
Deadline: April 1
Tax forms (student, spouse, parental)
Deadline: April 1
_________
_________
_________
Office of Financial Aid
Emory University
B. Jones Building
Atlanta, Georgia 30322
800.727.6039
Signed award letter
Deadline: 30 days from receipt
Office of Financial Aid
Emory University
_________
Loan applications
_________
Follow instructions on your award letter and submit to lender by June 30.
*The financial aid process may be completed at any time during the academic year. However,
scholarship funds may not be available to later filers.
Federal Income Tax Return Copies
If you need a copy of your latest tax return (Forms 1040, 1040A, or 1040EZ), complete Form 4506 and
mail to the IRS address where your return was filed. There is a fee. Allow up to 60 days to receive the
copy. To obtain Form 4506, download from www.irs.ustreas.gov or order free forms through the IRS
at 800.TAX.FORM. Computer-generated tax returns are acceptable if they are formatted line-by-line as a
1040. Form 8453 is not acceptable.

Tuition and Fees
Tuition for the 2007–2008 academic year is $39,300 for first-year, second-year, third-year students,
and fourth-year students. This covers the normal program of study for the Doctor of Medicine degree
and various incidental fees including most library services. Not included, however, is a mandatory
additional $172 per year Emory University Student Activity Fee, a mandatory $204 per year Athletic
Fee, and a $200 per year preventive health fee/disability insurance fee. Also, first-year students pay a
one-time $100 clinical administrative fee. A portion of the Student Activity Fee is returned to the individual
classes/organizations to cover funding of appropriate class activities.
Medical
15
The Emory Payment Plan
The Emory Payment Plan is available to qualified students who wish to divide tuition and
fees into scheduled payments. An application fee of $30 per semester is charged by the
University for participation in the plan. Instructions are given for the deduction of loans
and University-administered scholarships with the remainder paid in four installments as
follows:
Inquiries about the Emory Payment Plan should be addressed to:
Office of Student Financial Services, B. Jones Building, Emory University, Atlanta, Georgia
30322, 404.727.6095.
E-mail address: student.financials@emory.edu
www.emory.edu/studentfinancials
Tuition Refunds
Medical students who choose to withdraw from the medical curriculum for any reason
may qualify for a tuition refund on a per-semester basis. Refunds to third- and fourth-year
students are prorated according to clerkships completed. The following refund schedule
applies to first- and second-year students.
Payments Fall Spring
First Registration January
Second September February
Third October March
Fourth November April
Withdrawal During Charge Credit
First five class days 0% 100%
Second five class days 20% 80%
Third five class days 40% 60%
Fourth five class days 60% 40%
Fifth five class days 80% 20%

Medical
16
Emergency Loans
The School of Medicine has two small emergency loan funds (the Francis R. Hammack Senior
Emergency Loan Fund and the Charles S. Finch Emergency Loan Fund) from which zero interest
loans can be made to students who are experiencing temporary financial stress. These loans are made
with the assurance that the money will be repaid within 90 days. Students should contact the Office
of Medical Education and Student Affairs to complete forms. Funds are available in one to two days.
On the date the emergency loan is due, this amount will become a current charge and
will appear on the student’s bill in the next billing cycle. Financial charges will accrue on the
account if payment is not made by the end of the month. Any amounts due on emergency
loans will automatically be deducted from any refunds from the student’s account.

Student Budgets
Medical
17
The Office of Financial Aid sets student budgets based on full-time tuition for the academic year,
living expenses using cost of living figures for the Atlanta area, and other expenses including health fee,
books, supplies, equipment, insurance, uniforms, USMLE Step 1 and Step 2 fees, and travel expenses.
No provision is made for car payments, time payments on personal purchases, appliances, or other
consumer debts. The student’s total financial aid package amount cannot exceed the school’s approved
student budget.
The spouse of a married student is expected to contribute toward the student’s educational expenses
unless the spouse is also a student. In addition, parental financial information is required of married
students applying for school eligibility-based funds.
Note that the budgets cover housing expenses for varying lengths of time due to differences in the
curriculum and in the length of the academic calendar. Students should budget their funds to cover living
expenses for a full 12 months, August through July.
While we recognize that married students may have unique financial circumstances, we do not
award financial aid to assist with supporting a student’s spouse or partner. Financial aid can be awarded
only to cover expenses incurred by the student. Additional loan funds may be awarded, with appropriate
documentation, to cover child care expenses for your dependent children, and to cover increased costs
of health insurance for your spouse, partner, or dependent children. You must seek alternative sources of
funding for living expenses for your spouse, partner, or dependent children.
Additional travel expenses for fourth-year students interviewing for residencies are not included
in the financial aid budget. Students who need additional resources for these expenses can apply for
private loans specifically created for this purpose. Contact the Associate Director of Financial Aid and
Scholarships in the School of Medicine.
Yearly Budgets For 2007–2008
M1
Tuition $39,300
M2
Tuition $39,300
M3
Tuition $39,300
M4
Tuition $39,300
Fees 576
Fees 576
Fees 576
Fees 576
Clinic Admin Fee 100
Books/Supplies 3,060
Books/Supplies 3,060
Books/Supplies 3,060
Books/Supplies 3,060
Housing (11 mos.) 20,186
Housing (12 mos.) 22,020
Housing (9 mos.) 16,516
Housing (12 mos.) 22,020
Health Insurance 1,896
Health Insurance 1,896
Health Insurance 1,896
Health Insurance 1,896
Transportation 624
Transportation 624
Transportation 624
Transportation 624
Loan Fees* 1,050
_______
Total $68,626
Loan Fees* 1,050
_______
Total $66,692
Loan Fees* 1,050
_______
Total $68,526
Loan Fees* 1,050
_______
Total $63,022
*Loan fees of 3 to 4 percent may be assessed by students’ lenders prior to each disbursement of loan funds. Students
will receive only the net proceeds of the loan, but will be required to repay the gross proceeds. To minimize the effect
of these fees on the student’s cash flow, an average loan fee is added to the student’s budget.

Medical
18
Academic Requirements for Financial Aid
Satisfactory Academic Progress
Federal regulations and Emory University policies require that students receiving financial aid
must make “satisfactory academic progress.” In general, “satisfactory academic progress”
means proceeding toward successful and timely completion of degree requirements.
The programs affected by the satisfactory academic progress requirement include
federal, state, and University aid. Students receiving funds from any of these programs must
demonstrate and maintain satisfactory academic progress or face financial aid probation,
eventual denial of aid from these sources, or both. Students receiving scholarships based
on merit must also comply with the distinct academic requirements associated with each
scholarship.
Woodruff Scholars and Campbell Scholars
Renewals of Woodruff Scholarships and Medical Scholarships are granted to individuals
who have made satisfactory progress for the previous year. For recipients of Woodruff and
Medical Scholarships, satisfactory progress is defined as: maintaining a grade point average
of 3.0 or better; maintaining a satisfactory record regarding “Student and Professional
Conduct;” maintaining satisfactory subjective clinical evaluations as reviewed by the Progress
and Promotions Committee; and successfully completing the United States Medical Licensing
Examination (USMLE) Step 1 in order to attain promotion with the student’s matriculating
class. Students should review their award letters for complete renewal stipulations.
Deans and Harris Scholars
Renewals of Deans and Harris Scholarships are granted to individuals who have made
satisfactory progress for the previous year. Satisfactory progress is defined as maintaining
a grade point average of 2.0 or better, maintaining a satisfactory record regarding “Student
and Professional Conduct,” and successfully completing Step 1 of the United States Medical
Licensing Examination in order to attain promotion to the third year with the student’s
matriculating class. Harris scholars must also demonstrate financial need. Students should
review their award letters for complete renewal stipulations.

Academic Warning/Probation
Academic Warning is a conditional status that may be designated by the Executive Associate
Dean (EAD) when a student’s performance is of concern. Students placed on academic
warning receive written notice of their status from the EAD, noting the specific concern(s).
Academic Probation is a conditional status that may be designated by the EAD when a
student's performance is unsatisfactory. Personal illness and/or family tragedy directly
affecting a student’s performance is given full consideration by the Progress and Promotions
Committee and EAD before the conditional status of academic warning or probation is
designated. Any student placed on academic probation must maintain grades of “C” or
better in all courses during the following term.
Medical
19

Medical
20
Types of Aid
Loans (Ranked from Least to Most Expensive in Terms of Repayment)
Primary Care Loan
Loans for Disadvantaged Students
School of Medicine Loans
Federal Stafford Loan
State Loan Programs
Unsubsidized Stafford Loan (1)
Federal GradPLUS Load (1)
Alternative Loans (1)
Credit Cards (1)
(1) These types of borrowing are not federally subsidized and interest accrues while
student is in school. Interest rates vary as most are tied to government rates.
Scholarships
Scholarships Without Service
School of Medicine
Community and Other
Scholarships for Disadvantaged Students
National Medical Fellowships
Scholarships With Service
Armed Forces
State Scholarships
Medical Scientist Training
National Health Service Corps
NIH Scholarship for AIDS Research
Higher Education Tax Credits
The Lifetime Learning credit (for undergraduate and graduate students) is for expenses
paid after June 30, 1998. You may be able to claim a credit of up to $1,000 for the total
qualified tuition and related expenses paid during the tax year for all eligible students.
The credit is reduced if your modified adjusted gross income is between $40,000–$50,000
or $80,000–$100,000 in the case of a joint return. You cannot claim any higher education
credits if your modified adjusted gross income is over $50,000 ($100,000 in the case of a joint
return). Call 800.929.1040 for further information or access the web at www.irs.ustreas.gov.
Financial Aid Counseling Opportunities
for Emory Medical Students
◆ Financial Aid Focus Group Luncheon
◆ Loan histories mailed to students by Office of Financial Aid
◆ Debt Management Workshop
◆ Financial Aid staff available for individual counseling sessions
◆ Financial Aid exit interview
◆ Small group sessions for incoming students
◆ Online debt management opportunities
www.aamc.org/stuapps/finaid/layman/strat8.htm

Student Debt Record
Education Indebtedness
For 2006 graduates, the national average for private medical schools was $137,214, and the average
for Emory was $124,138. These figures do not include indebtedness prior to medical school
matriculation.
Medical
21
The average medical school indebtedness of Emory University students for the academic year
2005–2006 was as follows:
Average
First Year $38,708 92
Second Year 71,834 88
Third Year 94,368 95
Fourth Year 123,024* 97
Number of Students
*This number varies slightly from the amount in the previous paragraph because it includes fourth
year students who did not graduate.
The debt distribution for 2006 Emory Graduates is as follows:
Number of students
9
1
4
2
0
2
3
1
3
2
9
5
6
10
10
6
4
3
2
3
3
3
0
0
0
Debt Distribution
$1–19,999
20,000–29,999
30,000–39,999
40,000–49,999
50,000–59,999
60,000–69,999
70,000–79,999
80,000–89,999
90,000–99,999
100,000–109,999
110,000–119,999
120,000–129,999
130,000–139,999
140,000–149,999
150,000–159,999
160,000–169,999
170,000–179,999
180,000–189,999
190,000–199,999
200,000–209,999
210,000–219,999
220,000–229,999
230,000–239,999
240,000–249,999
>250,000

Medical
22
Federal and Private Loan Programs
NOTE: Recent federal legislation is expected to affect both the interest rates and fees of federal
Stafford and GradPLUS student loans. The following information was accurate as of
September 2007. Please consult the Emory University Office of Financial Aid website and the
websites of lenders to review the most current information.
Federal Stafford Student Loan
The Stafford Student Loan is a federally-subsidized program under which eligible students may borrow
up to $8,500. The interest rate is a fixed rate of 6.8%. The rate for previous borrowers remains as
originally set for loans received.
Federal Unsubsidized Stafford Loans for Middle-Income Borrowers
For periods of enrollment beginning on or after October 1, 1992, the Higher Education Amendments
of 1992 established this loan program for students who are unable to demonstrate sufficient financial
eligibility to qualify for a fully subsidized Stafford Loan. The annual limit is $32,000 under the
Unsubsidized Stafford Loan Programs. Interest on the Unsubsidized Stafford will be paid monthly or
quarterly by the borrower while in school, or be added to the principal amount of the loan not more
frequently than quarterly by the lender. The interest rate is a fixed rate of 6.8%.
Emory as Preferred Stafford Lender
Emory University is pleased to announce a new financing option for graduate and professional students.
Emory has collaborated with Citibank in a program called School as Lender. This program enables
Emory to serve as the lender for you federal Stafford loan. Emory will certify your eligibility, originate
your loan, and disburse the proceeds to your student account. Citibank will provide all servicing
functions.
Because Emory University is committed to providing a lending program that is competitive and
benefits students, a single preferred lender is offered at the graduate level. Should you choose an alternate
lender, please insure the lender: disburses loan funds electronically, is an ELM trading partner, and
provides an e-signature process.
The benefits in selecting Emory as your federal Stafford loan lender include:
•0% Origination Fee
•0% Guarantee Fee
•6.8% Fixed Interest Rate
•.25% Interest Rate reduction for having your loan payments automatically withdrawn from your bank
account
•1.00% Interest Rate reduction for making 36 consecutive monthly payments on time
•1.25% Interest Rate reduction for making 48 consecutive monthly payments on time
•Online application process
•Any proceeds generated by this program will be used to fund need-based aid for eligible students
attending Emory University.
Federal GradPLUS Loans
The Graduate PLUS Loan is available to degree-seeking students enrolled at least half-time. Lenders
who provide Stafford Loans through the Federal Family Education Loan Program (FFELP) provide
these loans as well. The GradPLUS Loan has a fixed interest rate of 8.5%. A 3% origination fee will be
deducted from each disbursement by the lender.
This loan is not based on financial need, although you must file a FAFSA to be considered, and you
must borrow your full annual Stafford Loan eligibility first before accessing GradPLUS. You may borrow
up to the full cost of attendance (as defined by the Emory University Office of Financial Aid) minus other
aid. Interest will be charged from the time the loan is disbursed until the loan is paid in full. This loan

goes into immediate repayment; therefore, a series of forbearances will be needed to postpone payment
until your schooling is completed.
The GradPLUS Loan is credit-based, but the required criteria are much less stringent than for the private
education loans.
Medical
23
Preferred GradPLUS Lenders for Medical Students
The Emory University Office of Financial Aid compiles a list of lenders each year to assist students and
families to choose a lender that offers competitive products, solid customer service, electronic payment
of loan funds and a variety of savings programs during loan repayment. Reasons for selecting a lender
will vary from person to person, so this list should be used only a guide or starting point for analysis.
Please note that you are not required to choose any of these lenders – the choice is yours. The Office of
Financial Aid will process your loan with any lender you choose. Further, the list is not in any order of
preference.
Access Group
www.accessgroup.org
(800) 282-1550
Citibank
www.studentloan.com
(800) 967-2400
T.H.E. (Total Higher Education)
www.northstar.org
(800) 366-0604
Alternative Loans
NOTE: The expected changes for Federal loans mentioned above are likely to influence the
interest rates and borrower incentives for alternative loans as well. As a result, we are listing
a minimal amount of detail for these loans in this handbook. We encourage all interested
students to check out the most recent information on the websites of the individual lenders.
These loans are not based on financial need and students may borrow up to cost the of attendance,
less other aid. The rate is calculated on the current prime interest or LIBOR. Applicants’ interest rates
are based on their credit history, and students with less-than-perfect credit will be charged a higher rate.
There is no interest cap. In order to obtain these alternative loans, the borrower must:
•satisfy criteria regarding enrollment status, citizenship, and maximum indebtedness outlined in the
application packet.
•not be delinquent on any federal debt or have any federal liens.
•not have any prior educational loan defaults unless they are paid in full or have set up a satisfactory
repayment plan according to the guarantor.
•not have any charge-offs, foreclosures, bankruptcies, or open judgments.
•not have excessive 30-, 60-, or 90-day delinquencies on consumer loans or revolving
charge accounts.
Preferred Alternative Lenders for Medical Students
T.H.E. (Total Higher Education)—“T.H.E. Health Loan”
888.843.0004
www.northstar.org

Medical
24
Access Group—“Health and Medical Access Loan”
800.282.1550
www.accessgroup.org
Citibank—“CitiAssist Loan”
www.studentloan.com
Primary Care Loan Program (PCL)
The PCL program provides 5 percent interest loans to students who are committed to a career as a
generalist physician (family physician, general internist, general pediatrician) or a specialist in preventive
medicine/public health. If the PCL recipient fails to enter and complete a primary health care residency
training program within four years of graduation and to practice primary health care until the loan is
repaid in full, the borrower is subject to the following penalties:
(1) the unpaid balance due on the loan will be immediately recomputed from the date of issuance at
an interest rate of 18 percent per year, compounded annually and (2) the recomputed balance must be
repaid not later than two years after the date on which the borrower fails to comply with the agreement.
These loans are not generally awarded until the fourth year of medical school.
www.hrsa.dhhs.gov/bhpr/dsa/download
School of Medicine Loans
Awards are made by the Office of Financial Aid based on eligibility as determined by the College
Scholarship Service and stipulations specific to each loan fund. The interest rate is 4.22 percent fixed,
with an in-school deferment of interest and principal, repayment to begin six months after graduation. A
cosigner is required. The Emory Office of Student Financial Services will run a limited credit check on the
cosigner prior to approval of the loan. However, the loan will not show on the cosigner’s credit report
unless the loan reaches a past due status. The only applications required are the Profile and FAFSA.
American Medical Association Education and
Research Foundation Loan
Martha West Andrews Loan
Clinic Loan Fund
Deans Loan Fund
Georgia Pediatrics Society Loan
Medical Alumni Loan
Arthur P. Richardson Loan

Medical
25
Loans From Outside Sources
William R. Dancy, MD, Student Loan Fund
The Dancy Loan funds assist Georgia residents who need financial assistance to complete their
medical education in an accredited medical school in Georgia. The application must indicate
a desire to remain in or return to Georgia upon completion of his or her education and entry
into the practice of medicine. Application deadline is December 15 or June 15. The maximum
loan amount is $4,000 per individual, per year, with a maximum cap of $10,000. The current
interest rate is 7 percent. The loan becomes interest bearing and payments begin one year
after the date of graduation. Address: MAG Alliance, ATTN: Executive Director, 1330 West
Peachtree Street, NW, Suite 500, Atlanta, Georgia 30309-2904. Phone: 404.876.7535 or
800.282.0224 (toll free in Georgia).

Medical
26
Scholarships
School of Medicine Scholarships Based on Eligibility
Through the generosity of various named and anonymous donors, a number of scholarship funds are
available. The following scholarships are awarded by the Office of Financial Aid based on eligibility
as determined by the information the student submits on the Profile and FAFSA. Parental data is
required on the Profile only. These are the only applications required.
Dr. H. Homer Allen Medical Scholarship
Charles R. Andrews Jr. Scholarship
Augusta H. and Grace A. Barrett Scholarship
Mortimer B. and Claire Munroe Bates Scholarship
Dr. M. P. Bates Scholarship
Samuel and Esther Bleich Scholarship
Dr. John T. Burkhalter Scholarship
Amy Chappell Scholarship
Glenn and Jessika Crawford Scholarship
M. Davis Scholarship
Helen W. Dobbs Scholarship
Milton H. Freedman, MD, Scholarship Fund
John and Sara Godwin Scholarship
Jack and Pauline Harrington Scholarship
Dr. Thurman Knight and Eula Chasteen Hill Scholarship
Dr. Byron J. and Freda C. Hoffman Scholarship
Barbara P. Howell Scholarship
Dr. J. William Jones Scholarship
Dr. Anthony J. and Doris E. Martin
Estelle C. McLain Scholarship
Mullis Scholarship
Charles Ernest Murphey Scholarship
George C. Nichols Scholarship
Catherine and Charles B. Nunnally Scholarship
Dr. Margaret Palmer Scholarship
Evangeline Papageorge Scholarship
Dr. Thomas S. Powell Scholarship
Claire and Waldo Ranson Scholarship
C. Elton Richards Scholarship
Thomas Edwards Rogers Sr. Memorial Scholarship
Frank B. Schley Scholarship
John F. Shannon and Emma Walton Smith Medical Scholarship
Emma J. Slaughter Scholarship
Carter Smith Sr. and Dorothy Smith Hopkins Scholarship
Cyrus W. Strickler Sr. Memorial Scholarship
William B. and Elizabeth H. Thompson Scholarship
Upchurch-Kerby Scholarship
Chesley Vincent Scholarship
William C. Warren Scholarship
Arthur G. Wedekind Scholarship
Hugh West Medical Scholarship
Lloyd L. Whitley Scholarship
Irene Woodruff Scholarship

School of Medicine Scholarships based on Merit and Eligibility
(no application required other than financial aid applications)
Medical
27
E. Bates Block, MD, Memorial Scholarship
Awarded to students after completion of their first year of medical school. Based on financial
need and academic merit.
Dr. James L. Campbell Memorial Scholarship
Awarded on the basis of good academic achievement, excellent personal character references,
and documented financial eligibility.
Thomas Callahan Davison, MD, Memorial Scholarship
Awarded to students after completion of their first year of medical school. Based on financial
need and academic merit.
James Lacey Gravlee Jr., MD, Scholarship
Award given to entering students who have demonstrated humanitarian concerns, with
preference given to the physically challenged.
Francis R. Hammack Endowed Memorial Scholarship
Awarded to a rising second-year student who is a native of Georgia, has excelled academically,
and whose financial need is documented.
Bert L. Hammack and Emory B. Hammack Memorial Scholarship
Awarded to a rising third-year student who is a native of Georgia, has excelled academically,
and whose financial need is documented.
Mrs. L. V. (Ola) Hammack Memorial Scholarship
Awarded to a first-year student who is a native of Georgia and a graduate of Emory College
with the highest grade-point average of all students entering the School of Medicine.
W. C. Harris Family Scholarship
Awarded to medical students with demonstrated financial need and as recommended
by the faculty of the school.
Ellington Charles Hawes Scholarship
Awarded to graduates of Thomson High School, McDuffie County, Georgia.
Huggins Family Scholarship
Awarded to students with demonstrated financial need and an exemplary academic record.
Anne Hoyt Jolley Scholarship
Awarded to students after completion of the first year of medical school.
Dr. Evangeline Papageorge/Lucia Gomez, MD, Medical Scholarship
Awarded to outstanding students in the School of Medicine.
David Henry Poer Scholarship
Awarded to medical students with financial need and exemplary academic records.
James E. Paullin Scholarship
Awarded to medical students with financial need and exemplary academic records.

Medical
28
Dr. William K. Purks Scholarship Fund
Awarded to outstanding students enrolled in Emory University School of Medicine who are
natives of Mississippi or the southeast region of the United States.
Earl Rasmussen Memorial Scholarship
Awarded by the Kiwanis Club of Druid Hills. Recipients are selected based on financial need,
residence in DeKalb or a nearby county, academic record, and personal attributes.
Reifler Family Scholarship
Awarded to an Emory College graduate while an undergraduate and continued for first year
of medical school.
Milton R. Ratner Scholarship
Awarded to a medical student who exhibits an exceptional scholastic record and financial need.
Mary Rautenbush Scholarship
Awarded to medical students with financial need and exemplary academic records.
W. B. and E. H. Thompson Medical Scholarship
Awarded to medical students with demonstrated financial need.
Joseph B. Whitehead Surgery Scholarship
Awarded to students with financial need who have excelled academically and have a strong
interest in surgery as a career choice.
Wright-Bentley Scholarship
Awarded based on academic excellence, need, and civic and religious activities.
Sidney H. Yarbrough III, MD, Scholarship in Medicine
Awarded to students based on academic merit and documented financial need.
School of Medicine Scholarships Based On Community Service
E. L. Bolton Service Award
Honors a senior medical student who has exhibited outstanding service beyond the Emory
University community.
Anne Elizabeth and Harper Gaston Service Scholarship
Awarded annually to a rising third- or fourth-year medical student on the basis of the student’s
scholarship and leadership, as well as the student’s record of community service. An application is
required.
School of Medicine Scholarships Based On Merit
Robert W. Woodruff Fellowships
Five first-year students are selected as recipients of Woodruff Fellowships. Each fellowship will
cover full tuition and direct educational costs for a four-year period of study. Applicants are
assessed on demonstrated qualities of forceful and unselfish character, intellectual and personal
vigor, outstanding academic achievement, motivation for medicine, impressive communication
skills, leadership, and creativity. A special application is not required.

Medical
29
Ada Lee and Pete Correll Scholarship
Several first-year students are selected for partial scholarships based on outstanding academic
achievement. No special application is required.
Walter Chandler Oral Surgery Scholarship
Awarded each year to oral surgery students with exemplary academic records.
Deans Scholars
Several partial merit scholarships are awarded each year to students whose presence at the
School of Medicine and whose interests will promote diversity in the student body and in the
profession. The criteria for selection include outstanding academic achievement and leadership.
No special application is required and all applicants will be considered.
MD/MPH Scholarships
The School of Medicine and the Rollins School of Public Health cooperate in a dual-degree
program to prepare physicians for leadership roles in public health. The program is designed to
be completed in five years. The schools of Medicine and Public Health partially defray the cost
of tuition for the year in the School of Public Health.
National Medical Fellowships (NMF)
Applicants must be United States citizens and members of minority groups currently designated
as underrepresented in the medical profession (African-Americans, American Indians, Mexican-
Americans, and mainland Puerto Ricans).
National Medical Fellowships Inc. also annually presents special merit awards and
fellowships that recognize and encourage extraordinary accomplishments, academic
excellence, and leadership. Applications can be obtained from National Medical Fellowships
Inc., 254 West 31st Street, New York, New York 10001, 212.714.0933 or contact the
Office of Minority Affairs, School of Medicine, Emory University, Atlanta, Georgia 30322,
404.727.0016.
Service Commitment Programs
MD/PhD Program (Medical Scientist Training Program)
Interested applicants must apply to the program through AMCAS and the School of Medicine.
Emory medical students in their first year or second year may also apply to the program
through Emory Medical School Admissions. Students accepted into the program receive full
tuition scholarships plus annual stipends of $23,000 (for 2006–2007 academic year). Students
enroll in the medical school for the first two years and participate in summer laboratory
sessions before and after their first and second years of medical school. For the next three
to four years, students fulfill the requirements of a graduate department for the PhD degree.
The student then returns to the medical school to complete 13 to 18 months of the clinical
curriculum. Applications are included in the admissions package from the School of Medicine.
Armed Forces Health Professions Scholarships
The military services offer full tuition, books, supplies, and monthly stipends. Service
commitment (year for year) is required and an annual 45-day active duty tour also is required.
Application deadlines vary each year. For incoming first-year students it is approximately
January 1 to March 15. Contact individual services. Students enrolled in the medical school
may apply also. See page 51 for the web addresses.

Medical
30
Veterans Benefits
Students eligible for Veterans Administration benefits should notify the Office of Financial Aid
and coordinate this information with the Office of the Registrar. Further, the eligible student
should contact the Emory University Office of Student Accounts to implement third-party
billing of tuition and fees.
National Health Service Corps Scholarship Program (NHSC)
The National Health Service Corps Scholarship Program, enacted by Public Law 94-484 in 1976, is
a program established to bring health care to areas of the country which have critical health provider
shortages. Students must complete specialty training in family medicine, general internal medicine,
general pediatrics, or obstetrics/gynecology. Tuition, fees, and a monthly stipend are paid in exchange
for service obligation (year for year) with a two-year minimum. Application deadline: last Friday in
March. Contact: NHSC Scholarship Program, 11300 Rockville Pike, Suite 801, Rockville, Maryland
20852. Phone: 800.638.0824.
web: www.bphc.hrsa.gov
Student Experiences and Rotations in Community Health (SEARCH) are available to
students who have completed at least one year of medical school. The program provides
community and clinical learning experiences. Fellows serve in community and migrant health
centers or other urban and rural community-based systems of care. NHSC scholarship
recipients are given priority. Phone: 800.221.9393 for a list of sponsoring organizations, points
of contact, and phone numbers.
The Community Scholarship Program awards grants to states to increase the availability
of primary health care in urban and rural health professional shortage areas. Community
organizations use the funds to assist them with the costs of entering into contracts under
which they provide scholarships to individuals to attend health professions schools. Contact:
Community Scholarship Program, National Health Service Corps, Division of Scholarships and
Loan Repayments, Loan Repayment Programs Branch, 4350 East-West Highway, 10th Floor,
Bethesda, Maryland 20814. Phone: 800.435.6464.
The Postgraduate Option allows for repayment of $25,000 per year of a physician’s
outstanding government and commercial educational loans in return for two years of service in
a Health Manpower Shortage Area. Contact the NHSC office during the last year of residency
to determine the terms and conditions of the program. Contact: NHSC Loan Repayment
Program, 2070 Chain Bridge Road, Suite 450, Vienna, Virginia 22182. Phone: 800.221.9393.
Indian Health Service Scholarships (IHS)
The Indian Health Service awards full scholarships as well as educational loan repayment
programs to American Indians and other students who wish to serve in the American Indian
communities. Contact: Indian Health Service Scholarships Branch, Twinbrooks Metro
Plaza Building, Suite 100, 12300 Twinbrook Parkway, Rockville, Maryland 20852. Phone:
301.443.6197. web: www.ihs.gov/
State Loan Program
The State of Georgia may make awards up to $25,000 per year to repay loans obtained
while in medical school. Contact: Dr. Joe Lawley, Executive Director, The State Medical
Education Board of Georgia, 270 Washington Street, SW, 7th Floor, Atlanta, Georgia 30334.
Phone: 404.656.2226.

Medical
31
State Scholarship Programs
The Georgia Board for Physician Workforce provides scholarship funds to students who are certified
Georgia residents when they begin medical school. The scholarship is not based on financial need,
but students with demonstrated financial need may be awarded a larger amount than those who have
no need. No separate application is necessary, but students wishing to establish financial need should
complete both a FAFSA and a PROFILE.
Rural Physician Programs
For each year of practice in a rural area of a state, recipients usually receive credit for scholarship funds
received in any one year of medical school. The State of Georgia awards scholarships up to $10,000 per
year. Applications must be filed by May 15. Contact: State Medical Education Board of Georgia, 270
Washington Street, SW, 7th Floor, Atlanta, Georgia 30334. Phone: 404.656.2226.
NIH Loan Repayment Program
Physicians who conduct research at NIH may have up to $20,000 in educational loans
repaid. The program will repay educational debt up to a maximum of $20,000 per year for a
minimum of two years. Contact: Director, NIH Loan Repayment Programs, Building 2, Room
2E28, 2 Center Drive, MSC 0230, Bethesda, Maryland 20892-0230. Phone: 800.528.7689.
web: lrp.info.nih.gov/
NIH Undergraduate Scholarship Program
The NIH Scholarship Program offers competitive scholarships to students from disadvantaged
backgrounds who are committed to careers in biomedical research. The student must have
a grade point average of 3.5 or be within the top 5 percent of his/her class. Contact: NIH
Undergraduate Scholarship Program, 2 Center Drive, MSC 0230, Bethesda, MD 20892-0230.
web: ugsp.info.nih.gov/applying.htm
Nicholas J. Pisacano, MD, Memorial Foundation Scholars Program
The Pisacano Scholars program is designed to reimburse a portion of medical school debt. Students who
have made a commitment to family practice and who enter their third or fourth year of medical school in
fall may apply. The maximum scholarship is $50,000. Application deadline is usually March 1. Interested
students should apply through the Office of Medical Education and Student Affairs, Emory University,
1440 Clifton Road, NE, Atlanta, Georgia 30322, 404.727.5682; or Robert J. Cattoi, Executive Director,
Pisacano Leadership Foundation Inc., 2228 Young Drive, Lexington, Kentucky 40505, 888.995.5700.
web: www.fpleaders.org/leaderfrm.html
Rock Sleyster Memorial Scholarship
This fund provides scholarships to needy and deserving third-year students with a commitment
to a specialty in psychiatry. The current amount of the award is $2,500. The Emory University
School of Medicine may nominate one student for the award.
Southern Medical Association
The Association has up to two grants per medical school for new or continuation of relatively
new research projects. The SMA also has a Residency Training Loan Fund which assists a
physician in completing training. The maximum amount is $5,000 and the applicant may apply
after completing one year of postgraduate medical training. The deadline for all applications is
April 1. Contact: Director, Internal Operations, Southern Medical Association, 35 Lakeshore
Drive, Birmingham, Alabama 35209. web: www.sma.org

Medical
32
American Medical Women’s Association Loan Fund
The AMWA has a limited loan fund for its student members in the amount of $2,000 to
$2,500 per student per year. Interest at 10 percent begins the December 15 after graduation
and repayment commences the January 15 after graduation. Payment is to be completed
within a three-year period. Contact: American Medical Women’s Association Foundation,
801 North Fairfax Street, Suite 400, Alexandria, Virginia 22314. Phone: 703.838.0500. Fax:
703.549.3864. Or e-mail Marie Glanz, mglanz@amwa-doc.org.
Wilhelm-Frankowski Scholarship
AMWA offers a $3,000–5,000 scholarship to a student member. Criteria include community
service, work, research, and participation in women’s health issues. Deadline is April 30.
See above for address.
State-Specific Sources of Financial Aid
Georgia Medical Society Scholarship
This scholarship is awarded to a resident of Chatham, Effingham, or Bryan County, Georgia.
Contact: John R. Duttenhaver, MD, Georgia Medical Society, 612 Drayton Street, Savannah,
Georgia 31401. Phone: 912.355.6607.
Ty Cobb Foundation
Scholarships for a period of one academic year. P. O. Box 725, Forest Park, Georgia 30051.
Application deadline is June 15. Applications are available March 1. E-mail: tycobb@
mindspring.com.
Thomas Brown McClelland Trust
Applicant must be a resident of Dade County, Florida, for at least five years. Applicants must
be able to meet with the Student Selection Committee for an interview at a mutually agreeable
date during the spring in Miami. Contact: Student Selection Committee, Rotary Foundation
of Miami, 269 Giralda Avenue, Suite 302, Miami, Florida 33134. Phone: 305.443.5787.
South Carolina Commission on Higher Education
This is an out-of-state medical grant of $500. Contact: Rutledge Building, 1429 Senate Street,
Columbia, South Carolina 29201.
South Carolina Medical Scholarship Fund
Contact: Division of Health Manpower, South Carolina Department of Health Environment
Control, 2600 Bull Street, Columbia, South Carolina 29201.
Worcester District Medical Society Scholarship
Worcester District Medical Society’s Scholarship Committee awards a $3,000 to $6,000
scholarship to a Worcester County, Massachusetts, student each year. In addition, there are
low-interest loans available to needy Worcester County resident students. Contact: Scholarship
Committee, Worcester District Medical Society, 321 Main Street, Worcester, Massachusetts
01605.
Joanna F. Reed Medical Scholarship Trust
For residents of Alabama and of Escambia, Santa Rosa, Okaloosa, Walton, Holmes,
Washington, Bay, Jackson, Calhoun, and Gulf counties in Florida. Scholarships in amount
of $7,500 for one academic year; may be renewed for succeeding years. Deadline May 15.
Write for application and information. Contact: Ms. Elaine Catoe, Joanna F. Reed Medical
Scholarship Trust, South Alabama Trust Company, P. O. Box 469, Brewton, Alabama 36426-
0469. Phone: 334.867.3231.

Medical
33
Clark-Holder Medical Education Foundation
The Clark-Holder Foundation is a nonprofit charitable corporation in LaGrange, Georgia.
Merit scholarships are available in the amount of $10,000 per year for a first-year medical
student. Special consideration is given to applicants residing in West Central Georgia and East
Central Alabama. Applicants must submit Profile/FAFSA. Deadline is April 30. Contact: Clark-
Holder Clinic, Medical Education Foundation, 303 Smith Street, LaGrange, Georgia 30240.
Phone: Joyce Freeman, 706.812.4395.
Madison County Medical Society Scholarships
Total scholarship awards of $10,000 annually to second-, third-, and fourth-year medical
students whose legal residence is Madison County, Alabama. Academic performance and
financial need are considered. Contact: Scholarship Committee, Madison County Medical
Society, 220 Rhett Avenue, Suite B, Huntsville, Alabama 35801. Phone: 205.539.7677. E-mail:
madmedsco@aol.com.
Other Scholarships and Loans
American Indian Graduate Center
To be considered for an AIGC Fellowship, the applicant must be an enrolled member of a
federally recognized American Indian tribe or Alaskan Native group in the U.S. or possess onefourth
degree (federally recognized) Indian blood, be pursuing a doctorate or master’s degree,
and have financial need. Contact: American Indian Graduate Center, 4520 Montgomery
Boulevard, Suite 1-B, Albuquerque, New Mexico 87109-1291. Phone: 505.881.4584. web:
aigc.com/
Japanese Medical Society of America Inc.
Scholarship awards are made to students of Japanese ancestry enrolled in medical school. The
student is evaluated for merit and need. Contact: Shunichi Homma, MD, Chair, Scholarship
Committee, 17 East 89th Street, New York, New York 10128. Phone: 212.305.3068.
Business and Professional Women’s Foundation
Career advancement scholarships. Contact: 2012 Massachusetts Avenue, NW, Washington, DC
20036. Phone: 202.293.1100. web: www.bpwusa.org/
The HANA Scholarship
Available to U.S. citizens of Hispanic, Asian, or Native American parentage, who are members
of the United Methodist Church. Students enrolled full-time may apply for aid up to $3,000.
Contact: Office of Loans and Scholarships, Board of Higher Education and Ministry, The
United Methodist Church, P.O. Box 871, Nashville, Tennessee 37202. Phone: 615.340.7344.
The National Hispanic Scholarship
Available to Hispanic Americans. Contact: National Hispanic Scholarship Fund, One Thomas
Circle, NW, Suite 375, Washington, D.C. 20005. 202.296.5400; hispanicfund.org/
Charles A. Lauffer Scholarship
Scholarships are limited to students in the last two years of study for a medical degree. The
amount of the award is $1,900. The application deadline is June 14. Contact: Nationsbank,
Private Client Group, 830 Central Avenue, P.O. Box 15507, St. Petersburg, Florida 33701.

Medical
34
Joseph Collins Foundation
The foundation makes annual grants to students in attendance at medical schools in states
east of or contiguous to the Mississippi River, in sums not exceeding $15,000, to enable men
and women whose own resources are inadequate to attend accredited medical schools of their
choice toward an MD. Each year Emory University School of Medicine nominates one student
for this award. Students must demonstrate an interest in fine arts and/or other cultural pursuits.
Awards may be renewed with an annual request.
Merck/AFAR Scholarships
The scholarship allows the recipient to undertake an eight- to twelve-week, full-time research
project on any subject in the field of geriatric pharmacology. The project must be conducted
under the supervision of a faculty mentor and may be carried out in any setting in the U.S.
Students must have completed the first year of medical school. Contact: American Federation
for Aging Research, 1414 Avenue of the Americas, 18th Floor, New York, New York 10019.
Phone: 212.752.2327. web: www.afar.org
Arthur N. Wilson, MD, Scholarship
The American Medical Association Foundation awards a $3,000 scholarship to medical students who
attended high school in Southeast Alaska. The scholarship is funded by a bequest from the late Arthur
N. Wilson, MD, who practiced medicine in Southeast Alaska. The application deadline is January 31.
Contact: Rita M. Palulonis, AMA Foundation, 515 North State Street, Chicago, Illinois 60610. Phone:
312.464.5357. web: www.ama-assn.org/ama/pub/category/14772.html
Students should consider all avenues for obtaining financial assistance. Some other sources
include: unions to which the student or student’s family belong; employers with scholarship
or loan programs for employees and their families; credit unions; local churches; fraternal
organizations to which the student or student’s family belong; sororities and fraternities; local
civic organizations; agencies administering programs for veterans and their children; agencies
administering vocational rehabilitation programs; high schools and colleges with awards for
alumni pursuing postgraduate study; local medical societies; county medical societies and
their auxiliaries; local hospitals and their auxiliaries; and state and tribal programs for native
Americans.
Additional information on scholarships and financial aid is available at the federal
Department of Education website: www.ed.gov/prog_info/SFA/StudentGuide/
These sites offer a researchable database of private sector scholarships, fellowships, grants,
and loans:
www.finaid.org/
www.fastweb.com/

Health Professions Students
Important Financial Aid Dates
Most financial aid sources available to Health Professions students are in the form of loans. Only limited
scholarship funds are available. Students/Applicants interested in federal loans must
submit the Free Application for Federal Student Aid (FAFSA). No additional form is required
to be considered for the Allied Health Tuition Loan and Scholarships.
35
Important Financial Aid Dates 2008–2009
Incoming Students
4/1/08 Complete the Free Application for Federal Student Aid (FAFSA). This form is accessible on the
web (see page 51).
Returning Students
5/15/08 Complete the FAFSA. This form is accessible on the web (see page 51).
Incoming Students
4/1/08 Deadline for receipt of copies of applicant’s/student’s and spouse’s 2007 U.S. income tax
returns, schedules, W-2s, corporate and partnership returns by Office of Financial Aid (if requested).
Computer-generated tax returns are acceptable if formatted line by line as a 1040. Form 8453 (produced
when an electronic tax return is filed) is not acceptable. If filing for an extension, the financial aid award
will remain tentative until the final tax return is received by the Financial Aid Office. If you are a non-tax
filer, submit a written statement that a tax return will not be filed.
Returning Students
5/15/08 Deadline for receipt of copies of applicant’s/student’s and spouse’s 2007 U.S. income tax
returns, schedules, W-2s, corporate and partnership returns by Office of Financial Aid (if requested).
Computer-generated tax returns are acceptable if formatted line by line as a 1040. Form 8453 (produced
when an electronic tax return is filed) is not acceptable. If filing for an extension, the financial aid award
will remain tentative until the final tax return is received by the Financial Aid Office.
Students Entering in Summer Semester
Students entering in the summer semester 2008 should complete a 2007–2008 FAFSA as well
as a 2008–2009 FAFSA. The 2007–2008 forms must be received by June 30. All 2006 tax forms and
2007 tax forms, as well as all other forms listed on page 36, should be sent to the Office of Financial Aid
if requested. If students have already filed a FAFSA for 2007–2008, they should have the information
sent to the Emory University Office of Financial Aid. Students who were enrolled at Emory in another
academic program during Spring Semester should notify the Office of Financial Aid that they have
changed programs. Loan applications (Subsidized Stafford and Unsubsidized) should be submitted for
summer 2008 as well as the 2008–2009 academic year.
Federal Income Tax Return Copies
If you need a copy of your latest tax return (Forms 1040, 1040A, or 1040EZ), complete Form 4506 and
mail to the IRS address where your return was filed. There is a fee. Allow up to 60 days to receive the
copy. To obtain Form 4506, download from www.irs.ustreas.gov or order free forms through the IRS
at 800.TAX.FORM).

36
Health Professions Checklist for Required Documents*
(For students entering in fall semester)
Document
Date Sent
Deadline: April 1
Free Application for Federal Student Aid (FAFSA) _________
Deadline: April 1
Tax forms (student, spouse [if requested])
Due upon receipt
Office of Financial Aid
Emory University
Signed award letter
_________
_________
Deadline: 30 days from receipt
Office of Financial Aid
Emory University
Loan applications
_________
Follow instructions on your award letter and submit to lender by June 30.
* The financial aid process may be completed at any time during the academic year. However,
scholarships and low-interest loans may not be available to late filers.
Complete FAFSA via the Internet at (Code 001564):
www.studentaid.ed.gov/PORTALSWebApp/students/english/fafsa.jsp

Health Professions Checklist for Required Documents
37
(For students entering in summer semester—ophthalmic
technology and physical therapy)
Please note that you are applying for aid for two academic years—2007–2008 and 2008–2009.
Document
Date Sent
Deadline: April 1
Free Applications for Federal Student Aid (FAFSA) _________
(2007–2008 and 2008–2009 Forms)
Deadline: April 1
Tax forms (student, spouse, parental [if requested]) _________
(2006 and 2007 forms)
Due upon receipt
Office of Financial Aid
Emory University
Signed award letter
_________
Deadline: 30 days from receipt
Loan applications
_________
Follow instructions on your award letter and submit to lender by April 30.
Higher Education Tax Credits
The Federal Hope credit (for undergraduates in the first two years of college) is for expenses
paid after December 31, 1997, for academic periods beginning after that date. You may be able
to claim a Hope credit of up to $1,500 for the qualified tuition and related expenses paid for
each eligible student. The credit is reduced if your modified adjusted gross income is between
$40,000–$50,000 or $80,000–$100,000 in the case of a joint return. You cannot claim
any higher education credits if your modified adjusted gross income is more than $50,000
($100,000 in the case of a joint return).
The Lifetime Learning credit (for undergraduate and graduate students) is for expenses paid
after June 30, 1998. You may be able to claim a credit of up to $1,000 for the total qualified
tuition and related expenses paid during the tax year for all eligible students. The credit is
reduced if your modified adjusted gross income is between $40,000–$50,000 or $80,000–
$100,000 in the case of a joint return. You cannot claim any higher education credits if your
modified adjusted gross income is over $50,000 ($100,000 in the case of a joint return).
Call 800.929.1040 for further information or access the web at www.irs.ustreas.gov

Health Professions
38
2007–2008 Tuition and Fees (per semester)*
Anesthesiology
(6 semesters) $9,455
Ophthalmic Technology
(5 semesters) $5,621
Physical Therapy
(8 semesters) $9,288
Physician Assistant
(7 semesters) $7,188
Physician Assistant Career Master’s
(6 semesters) $4,808
Medical Imaging
(8 semesters) $4,851
Allied Health Resident Fee $ 85
Special Standing Students
Medical Imaging Non-Degree
Other Allied Health Non-Degree
Student Athletic Fees (per semester)
Undergraduate $ 132
Graduate $ 102
Student Activity Fees (per semester)
12 hours or more $ 86
1 to 11 hours ( per hour) $ 5
$ 386 / credit hour
$ 737 / credit hour
Allied health students are assessed a $120 per year immunization and disability fee. This fee
covers the cost of administering the hepatitis B vaccine series, the PPD tuberculin skin tests,
and the cost of long-term disability insurance.
Tuition charges cover tuition, use of all facilities of instruction, general medical and health
services, and library services.
*Tuition rates change each year, beginning fall semester.
Part-time students (those registered for a course load of less than 12 hours) pay one-twelfth
of the full-time rate for each semester hour. Health services for part-time students are limited
to outpatient consultation. Special standing students are under the same financial regulations
as regular allied health students. Tuition rates for special standing students are approved by the
Emory University Board of Trustees annually.
If a student remains in school and drops a portion of work after the last day for change of course,
the student will not receive a refund for the work dropped. Students who have completed courses and
residence requirements for a program but remain in residence to complete special projects, (without
obtaining credit) or to prepare for examinations must register at the beginning of each semester. Such
registration requires an $85 fee for all programs.

Health Professions
39
Budgets for Allied Health Students*
The following budgets include living expenses, tuition, fees, books, loan fees, equipment,
supplies, and uniforms.
Anesthesiology
First Year (12 mos.) $57,035
Second Year (12 mos.) $56,935
Physician Assistant
First Year (12 mos.) $51,674
Second Year (12 mos.) $51,574
Third Year (4 mos.) $17,345
Ophthalmic Technology
First Summer $10,664
First Year (12 mos.) $43,555
Second Year (9 mos.) $31,864
Physical Therapy
First Summer $14,588
First Year (12 mos.) $55,471
Second Year (12 mos.) $55,471
Third Year (9 mos.) $39,808
Medical Imaging
First Year (12 mos.) $29,255
Second Year (12 mos.) $29,155
Third Year (9 mos.) $23,482
*Loan fees of 3 to 4 percent will be assessed by students’ lenders prior to each disbursement of
loan funds. Students will receive only the net proceeds of the loan, but will be required to repay
the gross proceeds. To minimize the effect of these fees on the student’s cash flow, an average
loan fee is added to the student’s budget.
Average Indebtedness for Recent Graduates
(Figures do not include debt prior to matriculation.)
Program Year Average Debt
Anesthesiology 2005-06 $76,463
Ophthalmic Technology 2004-05 $23,888
Physician Assistant 2005-06 $80,326
Physical Therapy 2005-06 $113,058
Medical Imaging 2004-05 $35,498

Health Professions
40
Federal and Private Loan Programs
NOTE: Recent federal legislation is expected to affect both the interest rates and fees of
federal Stafford and GradPLUS student loans. The following information was accurate as of
September 2007. Please consult the Emory University Office of Financial Aid website and the
websites of lenders to review the most current information.
Federal Stafford Student Loan
The Stafford Student Loan is a federally subsidized program under which eligible students may
borrow up to $8,500 ($2,625 to $5,500 for undergraduates). The interest rate is fixed at 6.8%.
Federal Unsubsidized Stafford Loans for Middle-Income Borrowers
For periods of enrollment beginning on or after October 1, 1992, the Higher Education
Amendments of 1992 established this loan program for students who are unable to
demonstrate sufficient financial eligibility to qualify for a fully subsidized Stafford Loan.
The annual limit is $10,000 under the Unsubsidized Stafford Loan Programs. Interest on the
Unsubsidized Stafford will be paid monthly or quarterly by the borrower while in school, or
be added to the principal amount of the loan not more frequently than quarterly by the lender.
The interest rate is fixed at 6.8%.
Students who select a Federal Stafford Loan lender that offers electronic funds transfer (EFT) may
also opt to have their loan proceeds deposited directly into their checking account. To request this
process, contact the Student Financial Services Officer at 404.727.6095.
Emory as Preferred Stafford Lender (Graduate Students Only)
Emory University is pleased to announce a new financing option for graduate and professional
students. Emory has collaborated with Citibank in a program called School as Lender. This
program enables Emory to serve as the lender for your federal Stafford loan. Emory will
certify your eligibility, originate your loan, and disburse the proceeds to your student account.
Citibank will provide all servicing functions.
Because Emory University is committed to providing a lending program that is competitive
and benefits students, a single preferred lender is offered at the graduate level. Should you
choose an alternate lender, please insure the lender: disburses loan funds electronically, is an
ELM trading partner, and provides an e-signature process.
The benefits in selecting Emory as your federal Stafford loan lender include:
•0% Origination Fee
•0% Guarantee Fee
•6.8% Fixed Interest Rate effective July 1, 2006
•.25% Interest Rate reduction for having your loan payments automatically withdrawn
from your bank account
•1.00% Interest Rate reduction for making 36 consecutive monthly payments on time
•1.25% Interest Rate reduction for making 48 consecutive monthly payments on time
•Online application process
•Any proceeds generated by this program will be used to fund need-based aid for eligible
students attending Emory University.
Lender Code: 826478
Recommended Undergraduate Stafford Lender List
T.H.E. (Total Higher Education)
Access Group
800.366.0607 800.282.1550
www.northstar.org
www.accessgroup.org
Lender Code: 866529 Lender Code: 808851

Citibank
Edamerica
800.967.2400 800.337.1009
studentloan.com
www.edamerica.net
Lender Code: 826878 Lender Code: 831453
Health Professions
41
Wachovia
800.347.7667
www.wachovia.com
Lender Code: 83005
Federal GradPLUS Loans
The Graduate PLUS Loan is available to degree-seeking graduate/professional students enrolled
at least half-time. Lenders who provide Stafford Loans through the Federal Family Education Loan
Program (FFELP) provide these loans as well. The GradPLUS Loan has a fixed interest rate of 8.5%.
A 3% origination fee will be deducted from each disbursement by the lender.
This loan is not based on financial need, although you must file a FAFSA to be considered, and
you must borrow your full annual Stafford Loan eligibility first before accessing GradPLUS. You may
borrow up to the full cost of attendance (as defined by the Emory University Office of Financial Aid)
minus other aid. Interest will be charged from the time the loan is disbursed until the loan is paid in
full. This loan goes into immediate repayment; therefore, a series of forbearances will be needed to
postpone payment until your schooling is completed.
The GradPLUS Loan is credit-based, but the required criteria are much less stringent than for the
private education loans.
Preferred GradPLUS Lenders for Graduate Health Professions Students
The Emory University Office of Financial Aid compiles a list of lenders each year to assist students
and families to choose a lender that offers competitive products, solid customer service, electronic
payment of loan funds and a variety of savings programs during loan repayment. Reasons for selecting
a lender will vary from person to person, so this list should be used only a guide or starting point
for analysis. Please note that you are not required to choose any of these lenders – the choice is yours.
The Office of Financial Aid will process your loan with any lender you choose. Further, the list is not
in any order of preference.
Alternative Loans
NOTE: The expected changes for Federal loans mentioned above are likely to influence the
interest rates and borrower incentives for alternative loans as well. As a result, we are listing
a minimal amount of detail for these loans in this handbook. We encourage all interested
students to check out the most recent information on the websites of the individual lenders.
These loans are not based on financial need and students in some programs may borrow up to the cost
of attendance per year less other aid, not to exceed student budget. There is no interest cap. In order to
obtain these alternative loans, the borrower must:
•satisfy criteria regarding enrollment status, citizenship, and maximum indebtedness
outlined in the application packet.
•not be delinquent on any federal debt or have any federal liens.
•not have any prior educational loan defaults unless they are paid in full or have set up a
satisfactory repayment plan according to the guarantor.
•not have any charge-offs, foreclosures, bankruptcies, or open judgments.
•not have excessive 30-, 60-, or 90-day delinquencies on consumer loans or revolving charge accounts.

Health Professions
42
Recommended Alternative Lenders for Health Professions
Students
T.H.E. (Total Higher Education)—“T.H.E. Health Loan”
800.366.0604
www.northstar.org
Citibank—“CitiAssist Loan”
800.967.2400
studentloan.com
Wachovia—“Wachovia Education Loan”
877.689.0763
www.wachovia.com
Emergency Loans
The School of Medicine has a small emergency loan fund available to allied health students from which
zero interest loans can be made to students who are experiencing temporary financial stress. These loans
are made with the assurance that the money will be repaid within 90 days. Students should contact the
Office of Medical Education and Student Affairs, School of Medicine Building, Suite P375, to complete
forms. Funds are available in one to two days.
On the date the emergency loan is due, this amount will become a current charge and
will appear on the student’s bill in the next billing cycle. Financial charges will accrue on the
account if payment is not made by the end of the month. Any amounts due on emergency
loans will automatically be deducted from any refunds from the student’s account.
Undergraduate Aid
In addition to the above federal and private loans, undergraduate Allied Health students
may be eligible for Pell Grants, Supplemental Educational Opportunity Grants, and Georgia
Incentive Grants. The Office of Financial Aid will make awards to students based on their
eligibility as determined from information provided on the Profile and FAFSA.
The Georgia Tuition Equalization Grant
These grants are awarded to Georgia residents who are full-time undergraduate students.
Applications are available from the Office of Financial Aid.
Hope Scholarship
Students who are Georgia residents and who graduated from a Georgia high school in 1993 or
later with a 3.0 GPA or better are eligible, at private colleges, for a $3,000 HOPE Scholarship
as long as they maintain a 3.0 GPA while in college. Other Georgia residents may qualify.
Contact the Emory University Office of Financial Aid.
Undergraduate Student Courtesy Scholarships
Available to sons and daughters of eligible Emory faculty and staff. Parents should contact
the Emory University Human Resources Department (404.727.7613) for information and
applications. Eligible Emory faculty and staff who enroll also may receive a courtesy award for
a portion of their tuition charges.

Scholarships and Other Aid
Health Professions
43
Health Care Careers Scholarship
Three scholarships of $1,500 each will be awarded by the Cobb County Medical Society
Alliance to students with a desire to pursue a career in a health care field. Preference is given
to Cobb County residents. Contact: Cobb County Medical Society, P.O. Box 1208, Marietta,
Georgia 30061. Phone: 770.428.2812.
Memorial Medical Center Inc., Savannah
The Auxiliary Scholarship Program of the Memorial Medical Center Inc., Savannah, Georgia,
provides tuition scholarships for undergraduate students in allied health in return for
employment after graduation. Contact: Tuition Reimbursement Coordinator, Department of
Human Resources, Memorial Medical Center Inc., P.O. Box 23089, Savannah, Georgia 31403-
3089. Phone: 912.350.8260.
Lettie Pate Whitehead Scholarship
The Lettie Pate Whitehead Foundation is dedicated to the support of needy women in nine southeastern
states. The grants program of the foundation is limited to scholarship awards to schools and colleges
for deserving female students and operating grants to a small number of selected institutions serving the
needs of elderly women. Each year Emory University makes awards to Allied Health students meeting
the above criteria. To be considered, you must complete a FAFSA. For more information, please visit the
foundation’s website at www.lpwhitehead.org.
Anesthesiology
Indian Health Service
The Department of Health and Human Services provides loan repayments to anesthesiology
graduates for each year of full-time clinical practice at a designated Indian Health Service
Retention/ Recruitment Priority Site in the U.S. Students may apply in their final year of
training or after graduation. Contact: IHS Loan Repayment Program, Indian Health Service,
12300 Twinbrook Parkway, Suite 100, Rockville, Maryland 20852. Phone: 301.443.6197.
web: www.ihs.gov/
The Georgia National Guard
The Georgia National Guard, through its STRAP Program, provides living expenses for
Medical Corps and Army Nurse Corps Officers. Contact: Army National Guard Medical
Professionals Recruiters, phone: 404.624.6020.
Ophthalmic Technology
JCAHPO Education and Research Foundation
Scholarships awarded to students in accredited programs for ophthalmic medical technicians.
A program may recommend more than one applicant per year. Applicants must show financial
need and may reapply during the second year of a two-year program. Early deadline is April
1 for consideration at meeting of Board of Directors in late April. No applications will be
accepted after July 1. Contact: Ophthalmic Technology Program (see page 47).

Health Professions
44
Physical Therapy
AMBUCS Scholarship
AMBUCS Resource Center, P.O. Box 5127, High Point, North Carolina 27262.
Phone: 336.869.2166. Fax: 336.887.8451. web: www.ambucs.com/scholars/program_information.
aspx
American Physical Therapy Association
Offers a publication containing information on financial aid. The “Resource Guide on
Financial Assistance” can be ordered from APTA’s service center, phone: 800.999.2782,
ext. 3395. web: www.apta.org/education/scholarships_aid/foundation_pt
The Western Interstate Commission for Higher Education
Sponsors an exchange program to any state with funds to support students in special
professional programs not offered in the home state and deemed vital to state manpower needs.
Phone: 303.541.0200. web: www.wiche.edu/
The American Legion
Offers a publication containing information on careers, financial aid, loans, and scholarships.
Cost is $3.95. Contact: American Legion “Need a Lift?”, National Emblem Sales, P.O. Box
1050, Indianapolis, Indiana 46206. Phone (credit card orders only): 888.453.4466. web: www.
legion.org/educasst.htm
Octameron Associates
Offers publications containing information on financial aid. Contact: P.O. Box 2748,
Alexandria, Virginia 22301. Phone: 703.836.5480. Fax 703.836.5650. web: www.octameron.
com/products.html
Financial Assistance and Support to Therapy Students (F.A.S.T.S.)
F.A.S.T.S.’s goal is to have a positive impact on the number of practicing minority physical
therapists and physical therapist assistants in the state of Georgia by providing financial
assistance. Student must be a Georgia resident and demonstrate financial need. The deadline to
apply is September 1. Contact: F.A.S.T.S., P.O. Box 360864, Decatur, Georgia 30036-0864.
Physician Assistant
African Heritage Caucus
Scholarships designated for minority students of African heritage. Any minority student member of the
African Heritage Caucus who is attending a ARCPA accredited PA program and is in good academic
standing may apply for the caucus scholarship. Contact: AAPA-AHC Scholarship Chair, fax 512.418.8132.
Mary Elizabeth Bowns Memorial Physician Assistant Scholarship Fund
Awarded to a first-year student based on academic accomplishment, leadership, volunteer
work, demonstrated financial need, and an expressed ability and dedication to the work
of the physician assistant profession. Student must submit FAFSA and Profile (see page 36).
No further application required.

Health Professions
45
American Academy of Physician Assistants
The Physician Assistant Foundation of the American Academy of Physician Assistants offers
scholarships starting at $2,000. The deadline is February 1. Also, several constituent chapters
of the American Academy of Physician Assistants (AAPA) offer scholarships to PA students,
including the Georgia chapter. Contact: AAPA: 950 North Washington Street, Alexandria,
Virginia 22314-1552. Phone: 703.836.2272. web: www.aapa.org. Or contact the Emory
Physician Assistant Program, phone: 404.727-7857.
The Salzer Foundation
Provides grants ranging from $1,000 to $3,000. Contact: Thomas Salzer, Salzer Foundation,
5 Averstone Dr. E, Washington Crossing, Pennsylvania 18977.
The National Health Service Corps
The National Health Service Corps provides student scholarships and opportunities for
primary care Physician Assistant loan repayment. Scholarship recipients receive a monthly
stipend as well as having all tuition and required fees paid in return for a service commitment.
Practicing PAs are offered salaried positions with benefits and generous financial assistance
with education loans. Contact: Recruitment Program, 8291 Greensboro Drive, Suite 600,
McLean, Virginia 22102. Phone: 800.221.9393.
Georgia Community Scholarship Program
This program is designed to help communities designated as Health Professional Shortage
Areas (HPSAs) recruit and retain primary care providers. All communities defined as HPSAs
in Georgia are eligible to be sponsors for physician assistant scholarships. Deadline is April 15.
Contact: State Office of Rural Health, 2 Peachtree Street, 6th Floor Annex, Atlanta, Georgia
30303. Phone: 404.657.6620.
The Indian Health Service
Offers scholarships with a two-year minimum obligation. The IHS also supports a loan
repayment program. Contact: Indian Health Service, Health Manpower Support Branch,
Twinbrook Metro Plaza Building, 12300 Twinbrook Parkway, Suite 100, Rockville, Maryland
20852. Phone: 301.443.6197. web: www.ihs.gov/
Navy Officer Medical Service Corps
Physician Assistant students may qualify for up to $38,000 under the Navy Officer Medical
Service Corps. Contact: Navy Opportunity Information Center, P.O. Box 9406, Gaithersburg,
Maryland 20898-9979. web: www.navy.mil/
Hattie M. Strong Foundation
The Strong Foundation administers a loan program for American college students, studying
in the U.S. or abroad, who are entering their final year of study in a baccalaureate or graduate
degree program. Loans are made solely on the basis of individual merit, without regard to race,
sex, or religion; are interest-free; and do not require collateral. Applicants must be enrolled,
as full-time students, in an accredited four-year college or graduate school. The maximum loan
is $3,000.

Health Professions
46
Student Aid Foundation
The student aid foundation awards interest free loans to southern women or women attending
southern schools. Loans are up to $5,000 per year for graduate students. Applications will be
considered three times a year. Contact: Student Aid Foundation, 2520 E. Piedmont Road,
Suite F, PMB 180, Marietta, Georgia 30062. web: www.studentaidfoundation.org
Student Experiences and Rotations in Community Health (SEARCH)
The program provides community and clinical learning experiences. Students serve in
community and migrant health centers or other urban and rural community-based systems of
care. Phone: 800.221.9393 for a list of sponsoring organizations, points of contact, and phone
numbers.
The Migrant Health Care Fellowship
Students establish a relationship with a selected migrant health center, designate a fellowship
adviser, provide relevant graduate-level course work, and arrange for academic credit. The
fellow is provided with clinical experience with the migrant farmworker population. The
duration of the fellowship is usually four months, and stipends of $15,000 are provided.
Application deadline of early December. Contact: Rosemary Mckenzie, Staff Associate,
National Rural Health Association, One Armour Boulevard, Suite 203, Kansas City, Missouri
64111. Phone: 816.756.3140. web: nrharural.org/
Medical Imaging
Naval Reserve Allied Medical Personnel (Ramp) Program
The United States Navy provides a scholarship program for selected reserve military personnel
who will acquire general and technical allied medical education and skills critical to the Navy
mission. The program offers financial support for tuition and fees to students. Contact: Naval
School of Health Sciences, Attn: RAMP Program Code 68, 8901 Wisconsin Avenue, Bethesda,
Maryland 20889-5612. web: www.navy.mil
Other Sources of Aid
Due to limited resources, it is unlikely that the financial aid award will cover the total amount
of documented financial eligibility. Students are encouraged to seek assistance from prospective
employers, religious and civic associations, foundations, state agencies, the United Methodist
Church, and others. Your local librarian can assist you in locating reference books on available
scholarships.
Additional information on scholarships and financial aid is available on the web (see page
51). These sites offer free searchable databases of private sector scholarships, fellows, grants,
and loans.

Health Professions
47
Contacts for Health Professions Students
Financial aid contact persons for Health Professions students are the same as those for medical students
and are listed on the inside back cover. For other information, students may contact
the following:
Office of Medical Education and
Student Affairs
School of Medicine
Mike Behler
Associate Director of Financial Aid & Scholarships
1648 Pierce Drive, Suite P375
Atlanta, Georgia 30322
404.727.5683 or 404.727.5655
Fax 404.727.0045
Anesthesiology/
Patient Monitoring Systems
Rick Brouillard
Program Director for Academic Affairs
57 Executive Park South, Suite 300
Atlanta, Georgia 30329
404.727.5910
Email: rick.brouillard@emoryhealthcare.org
Physician Assistant
Dana Sayre-Stanhope, EdD, PA-C, Director
1462 Clifton Road, NE, Suite 280
Emory University
Atlanta, Georgia 30322
404.727.7825
Email: dsayres@emory.edu
Medical Imaging
Dawn Moore, MMSc, RT (R), Director
EUH Annex Building, Room 112
531 Asbury Circle
Atlanta, Georgia 30322
404.712.1160
Email: Dawn.Moore@emoryhealthcare.org
Ophthalmic Technology
Paul M. Larson, BS, COMT, COE, Director
Emory Eye Center
1327 Clifton Road, NE, Room B4627
Atlanta, Georgia 30322
404.778.4738
Email: plarson@emory.edu
Physical Therapy
Susan Herdman, PT, PhD, FAPTA, Director
Division of Physical Therapy
Center for Rehabilitation Medicine
1441 Clifton Road, NE, S-170
Atlanta, Georgia 30322
404.727.4002
Email: sherdma@emory.edu

48
Glossary
AAMC: Association of American
Medical Colleges, 2450 N Street, NW,
Washington, D.C. 20037-1126. Phone:
202.828.0400.
Accrued Interest: Interest that is accumulated
and paid in installments, usually
when the principal comes due. Interest
may be compounded or simple.
Adjusted Gross Income (AGI): Income
after all deductions such as taxes, social
security, retirement contributions. See Net
Income.
ALP: Alternative Loan Program through
Medloans.
Borrower: A student who has been given
the opportunity to use someone else’s
money for the present, but must repay
principal, interest, and fees incurred at
a specific future date.
Cancellation: Some student loans may be
cancelled in full or in part for practicing
in a particular geographic location or in
a particular field. Also, unlike regular consumer
loans, the balance of a student loan
may be cancelled upon the death or disability
of the borrower.
Capitalizing Interest: A process which adds
unpaid interest to the principal of a loan,
thereby increasing both the balance due
and the monthly payments. Adds significantly
to the total amount to be repaid.
Compounded Interest: The frequency with
which the interest is computed and added
to the principal. A borrower will usually
pay back more if compounded interest is
charged.
Consolidation: Combining loans by selling
and transferring all loans to one lender.
Co-signer: A credit-worthy party who
signs a promissory note in addition to the
borrower. This party agrees to repay and
is held responsible for the loan if the borrower
defaults.
Credit Bureau: An agency that
compiles and distributes credit and personal
information to creditors.
CSS: College Scholarship Service, P.O. Box
6930, Princeton, N.J. 08541-6930. Phone:
609.771.7725.
Default: Failure to meet financial obligations
when payment becomes due or
at other stipulated times. Defaults are
recorded on the permanent credit record
and can result in liability for prosecution.
Deferment: A specified and limited period
of time when payments on principal and/or
interest do not have to be made.
Deferred Interest: Interest payments that
are delayed while a borrower is not gainfully
employed. Must be approved by the
lender.
Delinquent: The borrower fails to make an
installment payment when due or to meet
other terms of a promissory note.
Disbursement: The date a loan check is
released for payment by the lender.
Disclosure Statement: Statement of the
actual cost of a loan to the borrower
showing the interest rate and any additional
finance charges. Must be presented
to the borrower by the lender at the time
the promissory note is signed and the loan
contract negotiated.
Eligibility Analysis: A process to determine
the “eligibility” for financial aid by considering
how much a student and student’s
family can contribute to the cost of the
education. Analysis is based on detailed
financial information about income and
assets and those of spouse and family. An
eligibility analysis is required for most federal
grants, scholarships, and the Federal
Stafford Loan Program funds.

Glossary
49
ESL: Emory Student Loan. Credit-worthy
students may borrow cost of tuition on an
annual basis.
EPL: Emory Parent Loan. Credit-worthy
parents may borrow cost of tuition on
an annual basis.
EUSM: Emory University School of
Medicine.
FAFSA: Free Application for Federal
Student Assistance. Required for Federal
funds.
FAP: Department of Defense Financial
Assistance Program for residents and fellows.
Federal Eligibility: Eligible for federal
sources of aid. Determined from the
FAFSA.
Fixed Interest: Rate of interest that does
not change during the life of the loan.
Forbearance: A special arrangement in
which the lender delays payment of principal
and/or interest payments to relieve a
borrower’s financial hardship.
FTP: Emory’s Fixed Tuition Program.
Freezes tuition for all years of attendance.
Payment can be made in installments or
cash purchase.
Grace Period: The reasonable length of
time allowed for postponement of payment
during which the borrower incurs no loss
or penalty. Some loans enter repayment
immediately after graduation or leaving
school; others have a grace period of several
months.
Guarantee Agency: A state or private nonprofit
agency that administers a student
loan insurance program.
Gross Income: Income before any deductions.
From Federal tax return.
HEAL: Health Education Assistance Loan
Program. Loans through commercial lenders.
Holder: The holder of a loan is any organization
that owns the promissory note(s).
Sometimes lenders sell loans to another
organization, thereby transferring ownership
of the promissory note(s). The organization
that buys the loan, therefore taking
ownership of the promissory note(s), is
now the holder of the loan, and the borrower
is obligated to repay the loan to the
new holder of the loan.
INS: Indian Health Service. Provides loans
and scholarships to American Indians and
other students who wish to serve in the
American Indian communities.
Insurance Fee: A fee charged for several
federal loans which serves as default insurance,
usually deducted from the amount
disbursed.
Interest: The cost for using borrowed
money, computed as a percentage of the
principal borrowed for a given period of
time.
LDS: Loans for Disadvantaged Students.
Long-term, low interest loans to individuals
from disadvantaged backgrounds.
Maker: The borrower.
Maturity Date: The date upon which a
promissory note becomes due and payable.
MD/MPH: Joint degree program with the
School of Medicine and School of Public
Health.
MD/PHD: Medical Scientist Training
Program.
MedCAP: Medical College Access
Program. Student loan program through
Wells Fargo Bank.

Glossary
50
MEDLOANS: Student loan program
through the Association of American
Medical Colleges.
New Borrower: An individual who, on
that date, has no outstanding balance of
principal or interest owing on any loan
made, insured, or guaranteed under Part B
of Title IV (Guaranteed Student Loan and
Unsubsidized Stafford Loan).
Net Income: Income after all deductions,
such as social security payments, taxes,
and retirement benefits. Also referred to
as Adjusted Gross Income.
NHSC: National Health Service Corps
Scholarship Program.
NIH: National Institutes of Health.
NMF: National Medical Scholarships.
Origination Fee: Fee charged by a lender
to process a loan; it is deducted from the
amount disbursed.
PCL: Primary Care Loan program. Low
interest loans with service commitments to
practice in Primary Care.
Principal: The face value of the loan; the
amount borrowed and upon which interest
is charged.
Profile Application Form: Application to
be submitted to the College Scholarship
Service. Profile is required in order to
receive need-based aid from Emory
University School of Medicine. May be
submitted electronically using Code 0140.
Promissory Note: A legally binding contract
between a lender and a borrower,
which includes all the terms and conditions
of the loan. Signed by both parties at the
time the loan is made.
Secondary Market: A state or private
agency that purchases loans from lenders.
Servicer: The entity designated to track
and collect a loan on behalf of the holder.
Simple Interest: Interest calculated on the
original principal only.
USMLE: United States Medical Licensing
Examination.
SDS: Scholarships for Disadvantaged
Students. Scholarships for students from
disadvantaged backgrounds.
Title IV: Federal financial aid programs
that include the Stafford and Unsubsidized
Stafford Loan Programs.
Title VIII: Federal financial aid programs
that include Health Education Assistance
Loan Program, the Primary Care Loan,
and the Health Professions Student Loan.
Unsubsidized Stafford Loans: Interest on
these loans is not subsidized by the Federal
government. Interest begins to accrue at
disbursement.
Variable Interest: Rates of interest that are
tied to a certain index and change when
the index changes.

Helpful Websites
51
Emory University Office of Financial Aid
www.emory.edu/FINANCIAL_AID/
Emory University Office of Student Financial Services
www.emory.edu/studentfinancials
Entrance Counseling
mapping-your-future.org/entrancecounseling/
Financial Aid Sources
www.finaid.org/
www.fastweb.com
www.ed.gov/prog_info/SFA/StudentGuide/
www.scholaraid.com/
Credit Bureaus
www.equifax.com/
www.experian.com/
www.transunion.com
Debt Management
www.aamc.org/students/financing/md2/phase1/start.htm
Loan Consolidation
loanconsolidation.ed.gov/
Repayment Calculators
www.salliemae.com/
www.nelliemae.com/calc/
Financial Aid Form (FAFSA) (use code 001564)
FAFSA: www.fafsa.ed.gov
Military Scholarships
www.navy.mil/
www.goarmy.com/
www.usmc.mil
www.1800goguard.com
National Health Service Corps
www.bphc.hrsa.dhhs.gov/NHSC/
Profile Form (Use Code 0140)
www.collegeboard.com
Internal Revenue Service
www.irs.ustreas.gov

General
52
Directory of Offices and Personnel
School of Medicine
1648 Pierce Drive, Atlanta, Georgia 30322
http://www.med.emory.edu
Office of Medical Education and Student Affairs
404.727.5655 Fax 404.727.0045
http://www.med.emory.edu/education/omesa/index.fm
John William Eley, MD, MPH
Executive Associate Dean for Medical Education and Student Affairs
jeley@emory.edu
J. Alan Otsuki, MD
Associate Dean, Office of Medical Education and Student Affairs
jotsuki@emory.edu
Margo Kuisis
Director, Office of Medical Education and Student Affairs
margo.kuisis@emory.edu
Mike Behler
Associate Director of Financial Aid and Scholarships
mbehler@emory.edu 404.727.5683
Office of Admissions
404.727.5660
Ira K. Schwartz, MD
Associate Dean and Director of Admissions
ischwar@emory.edu
Erica Black
Associate Director of Admissions
eblack@emory.edu
Office of Multicultural Medical Student Affairs
404.727.0016 Fax 404.727.0045
Robert Lee, PhD
Associate Dean and Director of Minority Affairs
rlee08@emory.edu
Emory University
B. Jones Building, Atlanta, Georgia 30322
Office of Financial Aid
800.727.6039
www.emory.edu/FINANCIAL_AID/
Health Professions Financial Aid Advisors
404.727.6039 Fax 404.727.6709
Melissa Waters
Advisor (A–K)
mcjohn5@emory.edu
Jennifer Lyles
Adviser (L–Z)
jlyles@emory.edu
Cindy Gershman
Associate Director
cgershm@emory.edu
Office of Student Financial Services
404.727.6095
www.emory.edu/studentfinancials