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I have received my acceptance letter and
now need financial aid. What do I do next? |
- Send your $500.00 seat reservation deposit
to the Bursar's office. If you prefer to use
a credit card, please call the Bursar at (516)
656-9250 ext 13 or 41. VISA, MasterCard, and
American Express are accepted. All checks
should be written to International Educational
Management Corp. and sent to International
Educational Management Corp., 6901 Jericho Turnpike, Suite 215, Syosset, NY 11791.
- Go online to Transunion
and order a copy of a Credit Report with FICO
Score for you and your co-borrower. You will
need a credit card to purchase the report
for approximately $15.00. We suggest that you print a copy
of the report for your records.
- To get a free copy of your credit report
you can go to www.freecreditreport.com
or at www.myfico.com,
and receive a thirty day trial.
- Send a copy of your credit report and FICO
Score and your co-borrower's (if applicable)
credit report and FICO Score via mail, fax
or e-mail.
- Address: Attention Financial Aid: 6901 Jericho Turnpike, Suite 215, Syosset, NY 11791.
Fax: (516) 656-9263
E-mail: loans@eustatiusmed.edu
Once your information is received,
we will review it and provide you with your financial
aid options. If you do not hear from our office
within 4 business days, please contact us by e-mail
or phone (516) 656-9250 ext 23 for a credit review
session.
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Can any student apply for a loan? |
Currently loans are available
to both U.S. and Canadian citizen students. International
students can apply for loans if they have a qualified
US Citizen or Permanent resident cosigner. The
loan amounts and maximums may vary depending on
whether a co-signer is available. Please contact
us for more information.
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I don't have a co-signer? Can I still get a loan? |
Yes, loans are available for
students without co-signers. By using a co-signer
you may be eligible for a larger amount of borrowing.
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I have a bankruptcy, a foreclosure or excessive
delinquencies on my credit report. Can I get a
loan? |
Yes, loans may be available,
but past difficulties must be at least 5 years
old, bankruptcies must be at least 10 years old,
and you must have begun reestablishing your credit.
We do have lenders that will provide loans for
students with these financial problems, if they
have a strong cosigner. Students who have excessive
delinquencies will need letters explaining why
the problems occurred and how they are going to
avoid those problems in the future.
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I defaulted on a previous student loan.
Can I get another one now? |
Usually, finance companies,
banks and lenders do not allow for "second
defaults," if you defaulted on a student
loan in the past. You will need to clear it up
before applying successfully for another one.
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My loan was denied. Now what can I do? |
All of our loan programs offer
a "second look". For a loan to be reconsidered
there must be sufficient documentation to validate
the necessity of reviewing the file again. This
means that you need explanation letters for problem
vendors, paid receipts for unpaid bills, and anything
else that you think can help revitalize your credit
report. Also, a detailed letter of explanation
from you explaining why you should be reconsidered
is necessary.
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I have graduated but still owe money. Can I can obtain a loan for recent past due balances? |
Our lenders have loan programs
that allow students to apply for funds even if
you have recently graduated. All that is needed
is proof of enrollment for the time indicated
on the loan and proof of the debt that is owed
to the school. Contact
us if you qualify.
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What do I do if I have not received a tuition invoice? |
You are responsible for paying
your tuition 30 days prior to the start of that
term. If you have not received an invoice you
may contact the Bursar’s
Office to request a copy of your statement
and to confirm your current address, email address,
and phone number.
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What do I do if I receive a bill for a late tuition payment? |
The policy on tuition is clear:
Tuition is due 30 days prior to the start of the
term. If a student is applying for loans and communication
is ongoing with the Financial Aid Office, then
late fees may be waived. If a student is assessed
with a late fee, they can contact the Bursar’s
Office to request a review of their account
to see why the late fee was assessed. This is
only a review request process and does not mean
the late fee will automatically be waived unless
acceptable reasons exist.
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Does the University of Sint Eustatius participate
in federal loan programs? |
At the present time, this University (like
most Caribbean medical schools) does not participate
in the federal Stafford Loan programs.
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