How Students Are Funded - School of Medicine (SOM)

Students are funded for two terms during the school year; Fall and Spring. Fall disbursements are initiated in June, 10 days before classes begin. Spring disbursements will be initiated in January when the University reopens after winter break. After eligibility is determined, students are funded in the following order:

  1. Federal Direct Student Loan (FDSL) – The FDSL is awarded for the Fall and Spring terms up to the program maximum or student’s financial need, whichever is lower. The maximum amount a graduate student may borrow is $8,500 per year, up to a cumulative total of $65,500. Students who have previously borrowed through the Federal Stafford Loan Program will have those amounts added to the amount of FDSL borrowed at UTMB to arrive at the cumulative amount borrowed.

  2. Institutional Need-Based Scholarships – Need-based scholarships are awarded to students who have received the maximum amount of funding for which they are eligible under FDSL Program. $1,000 to $2,000 awards are made on a “funds-available” basis.

Students who are considered independent for Federal financial aid purposes must provide parent data in order to be considered for Institutional funding. Providing parent data will not, and can not, be used to calculate or change your eligibility for Title IV Federal financial aid .

  1. Texas Public Education Grant (TPEG) – TPEG funding is awarded to students with the highest financial need, as long as funds are available. The amount awarded is determined by the student’s cost of attendance and expected family contribution.

  2. Federal Work-Study (FWS) – the FWS Program allows students to earn, rather than borrow, part of their financial need. Positions are available both on campus and in the local community. In addition, FWS earnings are not considered when calculating your Expected Family Contribution in subsequent years. Enrollment Services maintains a listing of available positions. First year medical students are not eligible to participate in FWS and continuing students must receive approval from the Associate Dean - Student Affairs for SOM.

  3. Institutional Loans – Institutional Loans are awarded in accordance with the terms of each program, up to the student’s calculated financial need.

  4. Texas Medical Association (TMA) Loan Program – Up to $2,000 in funding is offered to third and fourth year students who are Texas residents and demonstrate financial need, as long as funds allow. The interest rate is 4.4% and is due annually.

  5. Minnie Stevens Piper Foundation Student Loan Fund – This loan program is available to students who have first applied for Federal Student Aid. Students may receive up to $2,000 per term, for all three terms each year. A maximum of $10,000 may be loaned to any one student. Applicants must be a U.S. Citizen or permanent non-resident and a full time student. A separate application must be completed and submitted to the foundation. It can be found at

  6. Non-Need Based Student Loans – These loans are used to fill any remaining financial need and/or to replace the student’s Expected Family Contribution. The maximum eligibility is the student’s Budget less any Financial Aid and other Resources, up to the program’s maximum allowable amount.

    1. Federal Direct Unsubsidized Student Loan (FDUSL) – Students who are independent for financial aid purposes may borrow their Budget less Financial Aid and other Resources, up to the program maximum.

    2. Graduate PLUS Loan - The Graduate PLUS loan program is part of the Federal Family Education Loan Program (FFELP) and allows you to borrow up to the difference between your educational costs and your financial aid award package. To receive a Graduate PLUS loan, the graduate student must meet certain requirements. To be eligible for a Graduate PLUS loan, the graduate must:
      • Apply for the maximum annual amount through the Federal Stafford Loan Program
      • Be a U.S. citizen or eligible non-citizen
      • Not be in default on an education loan
      • Be creditworthy
      • Be accepted for enrollment at a participating school; or, if enrolled, be making satisfactory academic progress
      • Be classified as at least a half-time student and working toward a degree or certificate
      • Be registered with Selective Service, if required

    3. Alternative Loans – These lenders offer loan programs through which students may borrow up to their amount of their Budgets less Financial Aid and other Resources, up to the programs’ maximums. Co-signers are usually required.



Old Red

We are proudly located in the historic Ashbel Smith Building, affectionately known as 'Old Red'.

Second Floor, Room 2.210

Mailing address:
Office of Enrollment Services
The University of Texas Medical Branch
301 University Boulevard
Galveston, Texas 77555-1305

Ph: (409) 772-1215
Fax: (409) 772-4466

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