Regulations governing the disbursement of federally guaranteed loans require that every new borrower receive loan counseling before their loans may be disbursed. The purpose of this is to familiarize you with the process of financing your medical school education, including your rights as a borrower, your obligations, benefits (e.g., deferment options), and personal budgeting issues. The Brown Loan Office offers online loan entrance counseling to satisfy the federal government's requirement and will contact each new borrower with instructions on how to complete this.
Loan exit counseling is required of all students who have received federal and institutional student loans. When a student graduates, drops below half-time, or withdraws from school, they will be asked to complete loan exit counseling. The Brown Loan Office will be in touch with medical students on how to complete these requirements online.
If considering a Leave of Absence, please be sure to contact your advisor and follow-up with the Financial Aid Office.
*Medical students planning to leave campus or the area prior to graduation must be sure to schedule time to complete the online exit counseling requirements. For more information on this, please contact the Brown Loan Office.