SAVMA's Gov't Affairs Committee speaks on loss of subsidized loans
Saturday, April 28, 2012 at 12:00PM Dear Veterinary Medical Students,
As some of you may know, in response to the current economic challenges, there have been some adjustments to Federal budgets. A significant change that has taken place is the loss of subsidized loans to graduate and professional students. The Budget Control Act (BCA) of 2011 was signed into law on August 2nd, 2011. The signing of this act into law made two very important changes to the William D. Ford Direct Loan Program, which affects the majority of veterinary medical students utilizing loans to pay tuition and living expenses.
We would like to make you aware of the effort that the AVMA and your SAVMA representatives have put forth urging Congress to maintain the subsidized Federal Stafford loan for graduate and professional students.