Foreign Medical Schools that qualify for Title IV Student Loans

********UPDATE December 2010. The U.S. Department of Education began to review foreign medical schools for U.S. student loan eligibility and Fatima was determined to be out of compliance. Fatima does still have Sallie Mae Private loans available, however Federal Stafford loans are not.

It really wouldn't make sense to create a list of all Title IV medical schools. A better list would be all Title IV schools that have medical school instruction in the English Language. As far as an incomplete list:

1. UNIBE, Santo Domingo, Dominican Republic
2. American University of the Caribbean, St. Martin, Netherland Antilles
3. Fatima College of Medicine, Manila, Philippines   *** temporarily suspended in 12/10 by DOE
5. Ross University School of Medicine, Roseau, Dominica
6. St. George's University School of Medicine, St. George's, Grenada

There are other schools that accept Title IV student loans, however in terms of cost, liklihood of admission, and instruction in English, I have limited my personal possibilities to these schools. Each school is different and all have their pluses and minuses. With the exception of UNIBE, the other schools have affiliations with U.S. mainland hospitals for clerkships in the 3rd and 4th year of medical school.

While looking up various regulations, it appears that all foreign medical schools are ineligible for the Pell Grant, but will allow federal student loans. I was reading the GAO report on foreign medical schools and it would appear that there are approximately 30,000 U.S. foreign medical students, ~8,000 in each year. Considering that there are 18,000 U.S. slots, there are over 1/3 additional slots for students that are willing to travel abroad for school.