University of Missouri-Columbia College of Veterinary Medicine

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About the College


Teaching & Research

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Veterinary Health Center

Veterinary Medical Diagnostic Laboratory (VMDL)

CVM Employment

Zalk Veterinary Medical Library

CVM Course Materials




Prospective Students

Financial Aid Home


  • Assessing Your Financial Status
  • Quality Assurance and Verification
  • Your Financial Aid Package
  • Receiving Your Financial Aid
  • E-consent

Types of Financial Aid

  • Scholarships
  • Student Loans
  • Work Study

Checklist and Deadlines

  • Entering First Year Students
  • Continuing Students

Scholarship Programs

  • College of Veterinary Medicine Scholarships
  • Free National Scholarship Sources

Loan Programs

  • Loan Program Overview

Cost and Tuition

Financial Literacy

  • Foundations of Financial Planning
  • Managing Basic Assets
  • Building and Maintaining Good Credit
  • Managing Insurance Needs
  • Investments
  • Planning for Retirement

Loan Programs

Loan Programs Overview

Many loan sources are available to vet students; however, some loans are much better than others. For example, some programs have no interest accruing or the federal government pays the interest while you are in school. These loan programs are the Federal Perkins Loan and the Health Professions Loan.  All others federal loans are unsubsidized, which means interest accrues on the loan while you are in school.  With Direct Loans, you

  • Borrow directly from the federal government and have a single contact—your loan servicer—for everything related to repayment

  • Have online access to your Direct Loan account information via your servicer's website

  • Can choose from several repayment plans that are designed to meet the needs of almost any borrower, and you can switch repayment plans if your needs change

For vet students there are four types of federal loans available: 

  • Federal Direct Unsubsidized Loan Program - Direct Unsubsidized Loans are loans for students that can help you pay for vet school.  The lender is the U.S. Department of Education (the Department), though the entity you deal with, your loan servicer, can be a private business.  The annual loan maximum for vet students is $40,500 per academic year.  The interest rate is fixed at 5.84%.  Repayment begins six months after graduation. 
  • Direct PLUS Loans for Professional Students – Vet students can borrow a Direct PLUS Loan to help cover education expenses.  To qualify for the PLUS loan you must pass a credit check so get your finances in order and make sure your credit file is accurate and request corrections if necessary.  For a free copy of your credit report visit The interest rate is fixed at 6.84% and repayment begins six months after graduation. 
    Go here for the Grad PLUS online application

  • Health Professions Student Loan Program - Students enrolled in a doctor of veterinary medicine degree program may be considered for the Health Professions Student Loan (HPSL).  To be considered for the HPSL students must complete the FAFSA by March 1 and must include parents’ financial information on the FAFSA.  All professional students are considered independent for FAFSA purposes; nonetheless, federal regulations require that parent information be taken into account for the purpose of awarding HPSL funds.


College of Veterinary Medicine
W-203 Veterinary Medicine Building
Columbia, MO 65211
Phone: (573) 882-3554
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Last Update: February 29, 2012