Post Baccalaureate Premedical Program

Financial Aid Quicksheet - US Citizens / Permanent Residents

Below is a "Quicksheet" outlining your financial aid requirements for the academic year.

You may use this as a quick point of reference when completing your financial aid requirements.

For additional, more detailed information, please visit the Post Baccalaureate Premedical Program page.


January 2020

Post Baccalaureate Premedical Program - Financial Aid Information

US Citizens / Permanent Residents

Applying for a Sallie Mae Smart Option Loan

  • Visit Sallie Mae and choose "Undergraduate Student Loans" from the options provided
  • Choose "Apply for this Loan" to begin your Smart Option Student Loan application
  • Complete the "Basic Information" section and choose your school
    • St. George's University, School of Medicine will be listed under the "Outside the US" option
  • Complete the "School Information" as follows:
    • School: St. George's University, School of Medicine, 02233300
    • Degree/Certificate of Study: Certificate
    • Major:  Medical
    • Enrollment Status: Full Time
    • Grade level: Certificate/Continuing Ed.
    • Academic Period of Loan: Provide Your Own (January 2020 - May 2020)
    • Anticipated graduation/completion: December 2020
  • Complete the "Loan Amount" section using the information from your estimated cost of attendance
  • Follow the instructions to complete the rest of your application and submit

Things to Consider

  • Sallie Mae is the only lender available that is providing private education loans to SGU
  • Private loans may have variable or fixed interest rates and interest rates as well as overall loan approval will be based on your credit and the criteria of the lender
  • Request a copy of your credit report online at and reconcile any problems prior to matriculation
  • If a student cannot obtain a loan because of a negative credit rating, school funds cannot be awarded to replace the loan
  • In many situations a co-signer will be required to obtain the loan
  • Sallie Mae has various repayment options:
    • Interest Repayment Option: Full interest payment while in school and during grace period
    • Fixed Repayment Option: $25 monthly payment while in school and during grace period
    • Deferred Repayment Option: No payment is required while in school and during grace period
  •  There are no prepayment penalties under any of these repayment plans; making payments whenever possible is encouraged to minimize total overall debt

2019-2020 Budget

*Health insurance and air evacuation rates are based on 2019 - 20 rates. All rates are subject to change.

*This loan will apply to your cost of attendance for the current aid year only. Any courses taken in subsequent aid years will require a new loan application and will be subject to lender approval at that time.