Federal Direct Loans
US students studying at The Royal College of Surgeons in Ireland (RCSI), Trinity College Dublin (TCD), University College Dublin (UCD), or National University of Ireland, Galway (NUIG) are eligible to apply for Federal Direct Loans. As medicine, dentistry, pharmacy, and physiotherapy are professional degrees, most students are eligible to borrow Federal Direct Unsubsidized (Stafford) Loans at the Graduate/Professional level ($20,500 per year), provided the student has already completed at least three years of college/university.
Students who have completed fewer than three years at the undergraduate level are eligible for Federal Direct Subsidized Loans (see below). For specific information, visit the Federal Direct Loans website.
Federal Direct Plus Loans
Additional financing for US students studying at RCSI, TCD, UCD, or NUIG can be secured through the US Federal Direct PLUS Loan for Graduate/Professional level students. Students can borrow up to the full cost of their education (less any other Federal Direct Loan amounts) using the PLUS Loan. Costs include tuition, accommodation, travel, books, living expenses, etc. Students can apply for the PLUS Loan on their own signature (independent of their parents) provided they have already completed three years of college/university. For specific information, visit the Federal Direct PLUS Loans website.
Federal Direct PLUS Loans for Parents of Dependent Undergraduate Students
Parents of students with fewer than three years of college/university prior to commencing medical school can avail of the Federal Direct PLUS Loan on behalf of their son or daughter. Parents can borrow up to the full cost of education (less any other Federal Direct Loan amounts). Once the student has completed three years of college (including medical school) the student can then avail of the Federal Direct Loan and the Federal Direct PLUS Loan on their own signature.
For specific information, visit the Federal Direct PLUS Loans for Parents website.
US students can also apply for a private education loan such as the Sallie Mae Smart Option Student Loan. These loans offer competitive rates, in-school repayment options and other borrower benefits such as rewards and interest rate reductions. For more information, visit MyGlobalEd.
Note: RCSI-Medical University of Bahrain is not eligible for the Sallie Mae loan.
Each school has a dedicated Financial Aid Administrator. Should you receive an offer, they will then provide you with information on all aspects of US Federal Student Aid including how to apply, loan amounts, disbursement schedules, etc.
For more information, visit these links: