By Mike Orso
With graduations taking place at Illinois colleges and universities, many college students might be contemplating what comes next. Others continue to contend with finding ways to pay for continuing their education without digging a deep financial hole.
For veterinary medicine students, the total price tag once they complete medical school could total a quarter-million dollars. Illinois Farm Bureau wants to help with its Illinois Veterinary Education Training (IVET) program. It offers low-interest loans up to $40,000, payable over five years following graduation.
“The program is designed to provide a loan to currently enrolled veterinary students who are completing their first year of vet school,” said Tasha Bunting, IFB assistant director of commodities and livestock. “The loan is provided in the fall during their next three years of school.”
Bunting said some parts of Illinois lack readily available access to food animal veterinarians. In exchange for the IFB loans, students attending any accredited college or veterinary medicine program in the United States must commit to an Illinois food animal practice and work in the field for five years.
“Sometimes a farmer might have an animal that might need assistance, and it might be a couple of hours, maybe even a couple of days, before a large animal veterinarian can get out to them,” said Bunting.
Up to three eligible vet students could receive the loans. IFB has extended the application deadline until June 1.
Current veterinary medicine students can find additional details and a link to the online application at this link.
Content for this story was provided by FarmWeekNow.com.