It is never too early to start thinking about how to pay for your medical education.  Although for many students the financial aid process may seem daunting, The financial aid counselors at UMHS will help build a successful financial plan for your future as a health care professional. 

Each step of the way, the friendly and experienced UMHS financial aid counselors are here to assist you.  You will not have to take this journey alone; a caring hand will always be nearby for guidance as you explore the various funding options available to you.

As soon as you apply to UMHS, you will receive a financial aid package and be offered financial aid counseling.   We will help you review and understand how your previous education debt, personal financial resources and credit history may impact your ability to finance your medical education.  We will give you an honest evaluation of your financial preparedness our program.  Should we determine that momentarily, you may lack the ability to finance your education, we will be straightforward with a professional opinion and help you plan for the future.

As an enrolled student we will continue to guide you down a healthy financial path, by asking you to participate in practical workshops to teach you budgeting, credit awareness and debt management strategies that will prove a life time of usefulness.  Each UMHS financial aid counselor has years of experience helping students develop viable financial plans to achieve their educational goals.  You can always call on us to help you with your financial aid planning.  

Planning Guides

The UMHS Department of Financial Aid created several documents to assist students in determining their financial needs.

UMHS Financial Aid Cost of Attendance and Financial Planning Guide (September 2010)

UMHS Financial Aid Checklist (September 2010)

UMHS Frequently Asked Questions (September 2010)

Financial Aid Planning and Counseling

We advise all students to call or visit our financial aid office prior to commencing their studies to discuss how they can develop a viable financial plan for their education.  Once a plan is put into place you will understand:

1. How much money you will need, when you will need it and where you are  going to get  the necessary funds.
2. Your credit report and how credit history affects your ability to obtain student loans.
3. What you can do to build good credit and how debt management can help maintain your financial health. 
4. If you have outstanding student loans, this counseling would also include aggregate loan calculations which could be the most important factor when making your financial plan to attend UMHS.

Financial Aid Programs

UMHS Institutional Loan Program

UMHS recently instituted a special loan program for both incoming and current medical students.  This school loan program can be approved in amounts from $1,000 to $5,000 per semester to help you pay for tuition.  This loan program requires a U.S. cosigner and allows repayment to be deferred until 6 months after graduation.  Applications for this loan program can be obtained from the Bursar’s Office at  This e-mail address is being protected from spam bots, you need JavaScript enabled to view it .

Scholarships 

A limited number of partial tuition scholarships in the amounts of $500, $750, and $1,000 per semester are awarded to students in each UMHS incoming class.  The scholarships are merit-based and award amounts are determined by the strength of the student’s previous academic record as recorded in their admissions application.  All accepted students are automatically considered and reviewed   for institutional scholarship funds.

Scholarship funding has also been reserved for some students  who can demonstrate  exceptional financial need and solid academic standing.  Application for these scholarships should be made by submitting a letter of request to the Director of Financial Aid at   This e-mail address is being protected from spam bots, you need JavaScript enabled to view it .  Once your request is received you will be sent a needs analysis questionnaire to complete and return to the financial aid office.

UMHS also offers two scholarships  to citizens of St. Kitts and Nevis.  Criteria for these scholarships will be sent to those recommended by the Ministry of St. Kitts and Nevis.

Canadian Credit-Based Loans

Both the Royal Bank of Canada and National Bank of Canada have programs which provide private educational loans to students studying outside of Canada.  The loans or lines of credit are credit based and all require a cosigner.

Royal Bank of Canada Branch Locator

National Bank of Canada Branch Locator
 
 

Privacy Information

UMHS, in accordance with the Family Educational Rights of Privacy Act (FERPA) does not disclose personally identifiable information from any educational records unless the student has consented.  To consent, a student must complete the UMHS Information Disclosure Consent Form and return it to the Office of Financial Aid.

Office of Financial Aid

University of Medicine and Health Sciences
460 West 34th Street, 12 Floor
New York, NY 10001

Tel: 212-868-0855 or 866-686-0380
Fax: 212-868-47222
Email:  This e-mail address is being protected from spam bots, you need JavaScript enabled to view it