Financial Aid & Debt Management

Intro

The Office of Student Financial Aid (OSFA) supports our students by administering federal, institutional, and external aid. We believe that financial literacy is key to enhancing a student’s college experience and transition after graduation. Our professional staff provides personalized advising and outreach to empower students and make higher education more accessible.

Announcements

The Office of Student Financial Aid (OSFA) will be closed from December 22, 2025 – January 2, 2026.

Posted on December 18, 2025

The Office of Student Financial Aid (OSFA) will be closed from December 22, 2025 – January 2, 2026. Loan processing and adjustments will resume on Tuesday, January 6. Spring tuition and fees will…

Federal Student Aid Changes from the One Big Beautiful Bill Act Affecting Professional Students

Posted on July 17, 2025

Graduate PLUS Loan Program- effective July 1st, 2026. Eliminates the Graduate PLUS loan program effective July 1st, 2026, for new borrowers. Legacy Provision: If a borrower has a Graduate PLUS loan made before July 1, 2026, while enrolled in a cred

Income Driven Repayment (IDR) Plans April Update

Posted on March 31, 2025

According to the Department of Education, IDR plan and consolidation applications are now back online: “…as of March 26, 2025, the online IDR application is once again available for eligible borrowers to apply…

2025-26 Important Dates

2025 Important Dates

January 2: Spring tuition and fees assessed
January 3: First spring financial aid disbursement begins for student registered 5 or more credit hours.

View the full calendar

December

January 7: First spring refunds issued to banks.
January 20: Office Closed – Dr. Martin Luther King Holiday

Schedule a Meeting

To schedule a meeting with a Financial Aid and Debt Management advisor in person or with Zoom please contact us at medicinefinaid@uic.edu.

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