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Severe Weather Alert - Updated: 7:30 pm, January 18, 2018

All Wake Forest Baptist Health clinics will delay opening Friday, January 19 until 10am. Urgent Care – Clemmons and Urgent Care – Mocksville will also open Friday, January 19 at 10am. 
If you have questions, please contact the clinic directly.

Loan Information

Federal Loans

Federal Unsubsidized Stafford and Graduate Plus loans are the loans most popularly utilized by students at Wake Forest School of Medicine.  Both loans offer a six month grace period at the end of medical school and eligibility for Public Service Loan Forgiveness (PSLF). 

Both the Stafford and Grad Plus loans require a Promissory Note from the Department of Education as well as Entrance and Exit Counseling.

Types of Federal Loans

  • Federal Stafford Unsubsidized Loan
    • A low-interest loan from the Federal government.
    • Interest begins to accrue on the date of disbursement and continues to accumulate while you are in school.  The interest will capitalize when you are no longer a full-time student or you have graduated.  
    • Repayment begins six months after graduation or withdrawal from school (see the Office of Financial Aid if you are planning a research year or leave of absence).
    • The Unsubsidized Stafford Loan is subject to an origination fee.
    • There are annual and lifetime aggregate limits for this loan dependent on your program and academic year. 
  • Federal Graduate Plus Loan
    • A low-interest loan from the Federal government.
    • Interest begins to accrue on the date of disbursement and continues to accumulate while you are in school.  The interest will capitalize when you are no longer a full-time student or you have graduated. 
    • Repayment begins six months after graduation or withdrawal from school (see the Office of Financial Aid if you are planning a research year or leave of absence).
    • The Grad PLUS Loan is subject to an origination fee.
    • You may borrow up to Cost of Attendance (COA). We will utilize the Unsubsidized Stafford Loan to its maximum extent prior to originating a Grad Plus Loan.
    • Grad Plus loans are credit based.  Credit review is based on delinquencies and bankruptcies, but not credit score.

Additional information on federal loans can be found at https://studentaid.ed.gov/sa/types/loans.  

Private Loans

Private loans are available to students, however students are encouraged to seek counsel from the Office of Financial Aid before pursuing a private loan.  Comparison information between federal and private education loans can be found at the AAMC website.

Quick Reference

Financial Aid

Phone: 336-716-4264
Fax: 336-716-9593

Email:
finaid@wakehealth.edu

Hours
Mon - Fri 7:00 am - 4:30 pm

Location: 

Bowman Gray Center for Medical Education, 1st Floor, 475 Vine St.

Mailing Address:

Office of Financial Aid
Wake Forest School of Medicine
PO Box 573183
Winston Salem, NC 27157

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Disclaimer: The information on this website is for general informational purposes only and SHOULD NOT be relied upon as a substitute for sound professional medical advice, evaluation or care from your physician or other qualified health care provider.

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