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Getting Started   University Costs   Forms   Grants and Loans   Aid Award   Stafford Loan   Loan Repayment   Contact Us   Financial Aid Home


The Award Letter

What to do after receipt of Award Offer - INCOMING students

What to do after receipt of Award Offer - RETURNING students

Aid and the Monthly Budget

Institutional Loan
Promissory Note


Obtaining Additional Funds

Getting Your Aid Funds

Typical Educational
Borrowing Debt


Financial Aid and SAP

Financial Aid and the IRS

Financial Affairs Office



Managing Educational Debt

The majority of students will find it necessary to borrow funds to help meet the cost of education. Even though most would rather not think about their loan debt until after graduation, concerns about the ability to make loan repayments may create anxiety while in school. To help students get a better understanding of these loan obligations and to calculate loan repayments, go to www.finaid.org (an excellent resource for any aid question).

Those who may be faced with an excessive indebtedness need to consider their alternatives to avert potential financial difficulty.

Typical Rush Student Debt

The majority of students at Rush University receive loans in their financial aid packages. Differences in tuition, costs, available grants and loans vary for each college. However, for programs other than graduate nursing and The Graduate College, 80% of students receive some sort of loan assistance. Loan packages vary by university program, but students are awarded the maximum Federal Stafford Subsidized loan when possible.


The following summarizes the average educational debt incurred by students graduating in 2007 who borrowed while attending Rush.

Program

Average Educational Debt


Rush Medical College

$159,200


College of Nursing
Undergraduate  
Accelerated Program
$27,500
7-Quarter Program
$35,000
Master/Doctoral $28,900
Anethesia Graduates $51,000

College of Health Sciences
Health Systems Management $44,700
Occupational Therapy $55,900
Clinical Nutrition $39,200
Communication Disorders  
Audiology
$93,200
Speech/Language Pathology
$48,300
Clinical Labs Sciences (undergraduate) $21,300
Clinical Labs Sciences (graduate) $42,800
Perfusion Technology $24,300
Vascular Ultrasound $27,900
   
The Graduate College  
Biotechnology $28,000

Updated 08/07/2007

The Office of Student Financial Aid
600 South Paulina Street, Suite 440 Chicago, Illinois 60612
Phone: (312) 942-6256
Fax: (312) 942-2732
financial_aid@rush.edu