FAFSA with New Laws

Okay so 2 years ago when I decided to apply to medical school this year there were subsidized student loans at about $8500 per year and un-subsidized student loans at about $32,000 per year. I was only planning on taking the $8500 for each of the 4 years but it seems like now things have changed. If someone could just give me the basic breakdown of how things work for a independent-medical student in terms of federal loans for the year 2013. Naturally I will be asking the school which I matriculate to financial aid office for more information but it would be nice to have some prior knowledge of what is going on in the year 2013.

DrMidlife said:

In med school you get:

Unsubsidized Stafford up to the Stafford limit, which depends on how much Stafford you've already borrowed, but is probably $40,500. Current rate is 6.8%.

Then GradPlus up to the school's cost of attendance. Current rate is 7.9%.

If you can't find this info at your med school, yell at them.

Best of luck to you.

Click to expand...

Ahhh just as i feared, so theres no more subsidized loans of any kind?