Financial Aid

Managing the Cost of Medical Education

At the Methodist University Cape Fear Valley Health School of Medicine, we understand that financing your medical education is a significant investment. This understanding is why we are committed to supporting you every step of the way.

Our services go beyond securing funding for your education. We provide comprehensive financial guidance designed to help you build a strong financial foundation for your future. From financial aid assistance and debt management counseling to budgeting tools and loan repayment strategies, we offer resources tailored to your needs. Whether you’re planning for today or preparing for life after graduation, our goal is to help you manage costs effectively and achieve long-term financial wellness.

FAFSA: How to Apply

1. Visit studentaid.gov to submit the Free Application for Federal Student Aid (FAFSA). The application opens on Oct. 1  of each year.
2. Add our school code (002946)
3. Create the Federal Student Aid (FSA) ID for all contributors.

Methodist University School of Medicine encourages students to file their FAFSA as soon as possible, and by May 1 to be considered for priority awarding of institutional aid.

NOTE: The 2026-27 FAFSA application must be completed using the 2024 Income and Federal Tax Information. It is recommended that you use the IRS Data Retrieval Tool to link your 2024 tax information to your FAFSA.

For any questions or issues related to creating the FSA ID or logging in to the studentaid.gov website, please call 800.557.7394.

Important Topics & Updates

FSA Provides Updated Student-Facing OBBBA Information on New Loan Limits, Repayment Plans

Federal Student Aid (FSA) on Wednesday, April 15, released updated information on studentaid.gov regarding new changes to loan limits and repayment plans made under the One Big Beautiful Bill Act. That includes a list of different scenarios for student borrowers, Parent PLUS borrowers, borrowers pursuing Public Service Loan Forgiveness (PSLF), and other frequently asked questions. FSA also released a list of important definitions on the changes made under OBBBA, including what the new loan limits are, exceptions to these new loan limits, the new Repayment Assistance Plan (RAP), the new tiered standard plan, and more. According to FSA, these pages will continue to be updated “when new information becomes available.”