Residency/Relocation

Financial Services > Loans > Residency/Relocation

The maximum amount of federal or private loan funding a student can take out during a school year can not exceed the cost of attendance. However, our cost of attendance can not include expenses associated with residency interview travel during a student's 4th year or the expenses associated with relocating to a residency program after graduation.

Students who need additional loan funding to cover these expenses will need to consider a "residency and relocation loan" offered by a private bank.

These loans are similar to private education loans in that most lenders will allow the student to postpone payment until after their residency program. However, unlike the private educational loans, the funding from this loan will be sent directly to the student instead of the school.

Many of the banks listed at finaid.org offer these loans. When using this site please review those loans that mention "Residency" or "Relocation" in their loan titles. Please note that this website does not contain all residency and relocation loan opportunities.

If a student applies for a private bank loan that is not a residency or relocation loan and the student is already at their cost of attendance, the loan will be denied. Therefore, please make sure that you are applying for a residency travel or relocation private bank loan.