The Pre-Health Post-Bac Program is considered a fifth year of undergraduate studies and is only eligible for private loans and certain federal loans. This program is not eligible for scholarship or grant assistance from Loyola or the federal government.
A student in the program who shows they are taking courses necessary to enroll in an eligible graduate/doctoral program can be eligible for 5th Year Undergrad loans for preparatory course work through the Direct Loan Program. Students are ONLY eligible because they are pursuing courses that will allow them to apply to an eligible program of study.
For more information about this program, please contact Anna Daigle in Financial Aid.
From page 1-82 of the 2019-2020 Federal Student Aid Handbook:
"A student may apply for a Direct Subsidized/Unsubsidized Loan (or a parent may apply for a Direct PLUS Loan on behalf of a dependent student) for coursework the school has documented is necessary for the student to enroll in an eligible program. The preparatory courses must be offered as part of an eligible program offered by the school, though the student does not have to be enrolled in that program. You may not award Direct Loans for standalone courses that do not count towards an eligible program and exist solely to serve as preparatory coursework.
If enrolled at least half time in these prerequisite courses, the student is eligible for loans for one consecutive 12-month period (not per program) beginning on the first day of the loan period. If the period of preparatory courses spans more than one academic year, the student may receive multiple loans.
To be eligible for loans under this exception, the student must be taking classes that are a prerequisite for admission. A student who is only taking courses to raise his or her grade-point average in order to be admitted would not qualify."
Auto/Expedited Admit Requirements (Only for Loyola Students)
The Auto-Admit Merit Program offers automatic/expedited admissions to our top-performing Loyola graduating seniors and alumni (within the past 5 years) into a selection of master's programs. Additionally, students are eligible for significant merit discounts determined by their undergraduate GPA.