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Some Missouri veterinary students to get loan relief

June 17, 2008

Columbia, Mo. - A program aimed at helping graduating veterinarians pay back student loans and addressing the shortage of rural veterinarians is getting under way at the University of Missouri's College of Veterinary Medicine.

Columbia, Mo.

- A program aimed at helping graduating veterinarians pay back student loans and addressing the shortage of rural veterinarians is getting under way at the University of Missouri's College of Veterinary Medicine.

A committee of five veterinarians from across the state will decide how best to spend the $120,000 allotted annually through the Large Animal Veterinary Student Loan Program.

The group will determine terms of the loan program, such as how many students will be eligible -- up to six -- and how much each receives, by July 1.

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Students then will be selected based on financial need, academic performance and willingness to work in underserved rural areas, with third- and fourth-year students getting preferential consideration.

The program is made possible through state funding. Missouri is now one of nine states with a loan program for veterinary students.

The American Veterinary Medical Association (AVMA) is pursuing federal funding for a nationwide veterinary loan program through the Veterinary Workforce Expansion Grant.

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