The dean of a new medical school being established in Las Cruces says its students won't be eligible for an array of federal financial aid for at least the school's first two years.
According to the Las Cruces Sun-News, Burrell College of Osteopathic Medicine Dean George Mychaskiw says that's because for-profit schools are ineligible for Title IV aid during the beginning of the schools' existence.
Mychaskiw says students needing financial aid to help pay for the annual tuition of about $48,000 will have to look to private loans, scholarships and grants or to military and public health scholarships.
However, he says the college is launching a foundation to provide scholarships to promising low-income students.
The private college is being established on the campus of New Mexico State University.
Information from: Las Cruces Sun-News.
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