SIU School of Medicine

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Office of Student Affairs - Financial Aid


How to Apply

The SIU School of Medicine (SIUMED) Financial Aid Office (FAO) assists medical students by awarding financial aid to help pay for their medical education. The FAO will assist students with developing their financial aid package and will work to provide students with the financial assistance they need to meet the difference between their educational expenses and their available resources. Most financial need is met by combining various loan programs because scholarships are limited.

The FAO is available to assist students throughout their time as a medical student. Assistance includes questions, debt counseling, and obtaining short term emergency loans. As you read through our pages, we hope you will find the information useful. We wish you success in your medical academic career and hope to see you on our campus.

Eligibility: A Free Application for Federal Student Aid (FAFSA), which uses a standard need analysis formula to calculate financial aid eligibility, must be completed each year. An expected family contribution (EFC) is calculated for each students based on their income, net worth, resources, family size, the number of family members attending post-secondary education and other factors. Financial aid is "packaged" as a combination of loans and, if applicable, scholarships to meet the financial need.

Application Procedures: To apply for financial aid at SIUMED, a FAFSA must be completed each year.

  • The FAFSA should be completed as soon as possible beginning January 2, using our Federal School Code 001758.
  • Students must submit a copy of their Student Aid Report (SAR) via email, fax, or mail.
  • Students who are applying for financial aid for the first time at SIUMED are also required to complete our Financial Aid Institutional Application.
  • Students who have applied for aid during the previous year should complete a Renewal FAFSA.
  • You can view information about federal loans you have received in the past at
  • The FSA ID, which consists of a user-created user name and password, replaced the PIN effective May 2015. It allows users to electronically access personal information on Federal Student Aid web sites as well as electronically sign a FAFSA.

Application Results and Changes: A Student Aid Report (SAR) is provided to the student when the FAFSA is processed. The SAR should be reviewed for accuracy and completeness. If the SAR has errors, or you did not list SIUMED as a school choice, electronic corrections are made at the FAFSA web site by using the PIN and the Make Corrections link. When a corrected SAR is received, the student should retain it for his/her records, and forward a copy to the financial aid office at SIUMED.

Verification: Some students may be selected to verify information provided on the FAFSA. If selected for verification, a Verification Worksheet must be completed and returned to our office, along with non returnable, signed copies of the applicable federal tax returns and W-2 forms for the student and, if appropriate, his/her spouse. Other documentation may also be required. Some students may be required to provide proof of Social Security number, citizenship or immigration status, Selective Service registration, veteran status, satisfactory repayment status for student loans or other information. Students selected for verification must provide all requested documentation to be eligible to receive and maintain financial aid awards and payments.

Award Notification: Students are informed of financial aid awards via an electronic award letter. Our office begins preparing financial aid award notices in early Spring, after the FAFSA is filed and all required information is submitted. You will receive a e-mail when your award is ready to be viewed on SalukiNet.

Award Revision Request: To request a revision to your electronic award letter, you need to complete an Award Letter Revision Request Form for the appropriate semester and submit it to our office.

Billing and Financial Aid Disbursement:

  • Charges may include tuition, fees, and other charges.
  • Credits to the account consist of financial aid proceeds as well as cash payments.
  • If a credit balance occurs on a student's account, the refund will be deposited into the student's bank account.
  • Account information can be set up here at direct deposit (or a student may update/setup on their SalukiNet account).
  • The Office of the Bursar is committed to excellence in providing financial services to students and the Southern Illinois University community. Our mission is to provide these services in the most efficient, friendly, effective and customer-oriented fashion possible.
    • View your bill on Salukinet now!! Your most recent SIU E-bill is available on SalukiNet ( Students' bills can be found under the 'MyRecords' tab. On the left hand side, under 'View My SIUC Student Records', click the 'Student' link, then 'Student Account' link, then the 'Statement/Payment History' link. Faculty/Staff billing information can be found under the 'MyCareer' tab in the Bursar's Office channel.
    • Please note: Payments made online or via phone will post next business day. No holds will be released until payment is posted.
    • You will not receive a paper statement. Bills are only available online.
    • Beginning Monday, November 2, 2015, your past due balance will need to be under $200 in order for you to register for classes.
  • Students should come to school with sufficient funds to buy books, supplies and any other items necessary to begin the semester, even if the student is expecting financial aid. Checks for credit balances on your University account are not always available as soon as you arrive on campus.

Refunds and Return of Funds: Students who do not attend classes are not entitled to any loans or refunds. Students who cease attendance during the semester are only entitled to financial aid applicable until the documented last date of attendance.

Electronic Connection: Additional financial aid information is available from our web site. The student can obtain specific information about his/her own financial aid on SalukiNet. If you have questions and want to discuss your financial aid further, our office can be contacted via e-mail or by calling 217-545-2223.

New Parent Access: Good news! SIU has developed a new proxy access to view student information. This is great for parents and guardians to view billing, financial aid and registration information. To create proxy access, students should login to SalukiNet and click on 'My Records', then navigate to the 'Proxy Management'.