Financial Aid Information for Post-Baccalaureate Premedical Students

For a more detailed review of the information below, please see the Post-Baccalaureate Premedical (PBPM) Students section of the Award Guide.

Application Procedures

  • Complete the FAFSA electronically at https://studentaid.gov/h/apply-for-aid/fafsa.
  • For the program beginning May/June 2020, please make sure you submit a 2020-2021 FAFSA.
  • Be sure to list Goucher's federal school code: 002073
  • Indicate your grade level on the FAFSA as 1st year graduate and the Degree/Certificate as Graduate/Professional Degree.
  • Contact the Office of Student Financial Aid if you have any questions or issues
  • Activate your Goucher e-mail when that information becomes available to you. All important financial related notifications from our office or the graduate billing office will go only to your secure Goucher e-mail, so you don't want to miss any important updates.
  • Once financial aid is made available to you, officially accept or decline using the online portal. (See below.)
  • If you intend to accept any federal loans, you will be be required to complete Entrance Counseling and a Master Promissory Note (MPN) online at studentaid.gov. The login there is the same as for your FAFSA. You do not neet to specifically wait to have your loans accepted and may use estimates as needed for completing these tasks early.
  • If you need/want to borrow more than the maximum available $20,500 federal unsubsidized loan, then you will also need to apply for a Graduate PLUS or private outside loan. Please note that the best time for PBPM students to apply for additional loans is between May 1st and June 15th.

Net Partner - Financial Aid Online Portal

  • Usually by some time in mid or late April, students will be able to create and use their Net Partner account. This may vary each year depending on software updates.
  • This is the system where you can review needed financial aid tasks, and where you will accept or decline any financial aid.
  • https://www.goucher.edu/financial-aid/net-partner/

Award Types

Eligibility Criteria

  • Each type of aid requires you to meet and maintain certain eligibility requirements.

Cost of Attendance

  • Students may receive financial aid up to their Cost of Attendance (COA). The COA includes direct institutional charges (tuition and fees) and estimates of indirect expenses (room and board, transportation, books and supplies, and miscellaneous expenses).
  • Please note that choosing the health insurance option through Goucher is not included in any of the "standard" budget and loan calculations. You may be able to do a separate appeal to adjust your budget so you can borrow more.

Award Notification

  • Students with a completed FAFSA on file by March 1st and have clarified their borrowing needs with our office will receive their financial aid notifications on a rolling basis starting around late April.
  • Students will receive an email when their financial aid may be accessed on Net Partner.
  • Students will need to log into Net Partner to accept or decline their award(s).

Billing & Refunds

  • The first E-Bill for each semester will display financial aid as anticipated aid. Anticipated aid is replaced with actual aid after the last drop date of each semester if the aid has been accepted on Net Partner and all required financial aid documents have been received and processed.
  • Any remaining charges after all financial aid is applied must be paid by the E-Bill due date. If the student borrowed more for indirect costs and has a credit on their account, they may request a "refund" check.
  • PLAN AHEAD - Refunds are not available until after the semester begins and approximately 2 weeks after the start date of the term. Indirect expenses may need to be paid out of pocket until the refund is available.

Possible borrowing scenarios for 2020-2021

Borrowing Plan Information Sheet for 2020-2021 (PDF)