Interest rates for the student loans you might borrow for the 2018-19 veterinary school academic year have been set. As you may have anticipated, the rates are increasing.
The recently updated 2018 Health and Human Services (HHS) poverty guidelines determine your minimum monthly student loan payment.
Poverty guidelines are used for many different U.S. government programs. One of the most important uses for veterinarians is the Discretionary Income calculation used to generate the minimum monthly student loan payment of federal income-driven repayment plans (IBR, PAYE, REPAYE). Income-driven student loan repayment plans are extremely helpful for those veterinary graduates with student loan balances greater than their annual incomes.
VIN Foundation Announces 2nd Annual Solutions for the Profession Competition
Second annual essay competition provides veterinary students with an opportunity to provide hindsight into the veterinary school experience.
The VIN Foundation is excited to announce its second annual Solutions for the Profession Competition. The essay competition offers veterinary students an opportunity to share what they wish they had known prior to applying to or entering the program.
Getting to and through veterinary school takes a long time and a lot of education. Along the way, you can borrow a variety of loan types to finance your education resulting in a complex student loan portfolio. Before you can formulate a repayment plan, you need to understand your student loans. This short video tutorial will show you how to retrieve and upload your NSLDS file.
The VIN Foundation My Student Loans tool will help you make sense of your student loan portfolio. Using your National Student Loan Data System (NSLDS) file, My Student Loans will organize your loans by type, date received, interest rate, principal, calculate a weighted average interest rate, and estimate your monthly interest accumulation. This information is crucial for helping you determine which repayment plans you can use.
We are very happy to announce the winners of its first annual Solutions for the Profession Competition. Three creative students were awarded cash prizes to help with educational expenses.
The competition offers veterinary students an opportunity to share an innovative solution to a problem facing the profession. Over one hundred entries were submitted from around the world. Veterinary student debt and mental health were the most common problems addressed.
We are excited to announce the first annual VIN Foundation Solutions for the Profession Competition. This competition is open to students currently enrolled in veterinary school.
Three entrants will win scholarships to help support tuition and education related expenses:
• First place: $3,000
• Second place: $1,500
• Third place: $1,000