loans

  1. Biggytooth

    Health Professions Loan (Federal Loan)

    Hi everyone, I am attempting to calculate my expenses for dental school and project what my total debt load might be upon graduation. I come from a lower income family, and am hoping I will qualify for the Health Professions Loan, which is subsidized and has a 5% interest rate. Can anyone who...
  2. TeethAndTitanium

    Public Service Loan Forgiveness while at hospital for 10yrs?

    Hey everyone, I'm just curious how true this is, but I heard this both from someone who was externing and an attending at a program (both for OMFS) that you could work for a non-for profit hospital for 10yrs and make minimal loan payments and get your loans forgive (federal loans only) -...
  3. S

    Will owning a home affect my loan?

    Hi medical students, I was wondering if anyone who had their name on a mortgage could tell me about how it affected their ability to get a loan. I am concerned that having my name on a mortgage that I am co-signed on may affect my eligibility/increase my interest rates, does anyone have a...
  4. D

    Financial Aid ?

    I apologize in advance if I sound ignorant, but is the financial aid package we will be receiving just LOAN money? There's no "free" money, essentially. Everything we receive in our financial aid package will need to be paid back? Also, which type of loan (Direct Unsubsidized Loans, Grad PLUS...
  5. formerastrosfan

    Student Loans vs Savings

    Hello all, I have recently been accepted into a podiatry program starting this fall. I am a non-traditional student and have worked for a few years prior to applying to podiatry school. I have saved up just about enough to pay out of pocket for my tuition and living expenses over the course of...
  6. MartialArtDPT

    If anyone is not on (RE)PAYE payment plan, why?

    Hi all. I am looking at options on my student loans and after lots of consulting and researching, I can't understand why anyone who qualifies would not use REPAYE or especially PAYE plans for debt that exceeds a certain amount (depending on income, perhaps somewhere around 35k+). If you qualify...
  7. P

    Physician Loans for Pharmacists (recommendations and advice)

    I am looking to buy a home and recently learned of physician home loans that are open to PharmDs. Not all providers of this loan type are open to pharmacists - most are restricted to MDs, DOs, DMDs, DPMs, and veterinarians. I was wondering if anyone had advice on lenders that provided this...
  8. L

    Are private student loans easily obtainable for medical school even if you have debt (unsubsidized, subsidized, & private) from undergrad school?

    Or does that debt hinder the chances of getting approved for private student loans for medical school? I just want to know before I get a bachelor's degree and spend all this time and energy getting into medical school, and then can't even afford it. I know I can automatically get subsidized...
  9. L

    Are private student loans easily obtainable for medical school even if you have debt (unsubsidized, subsidized, & private) from undergrad school?

    Or does that debt hinder the chances of getting approved for private student loans for medical school? I just want to know before I get a bachelor's degree and spend all this time and energy getting into medical school, and then can't even afford it. I know I can automatically get subsidized...
  10. WildWing

    Free webinar: Borrow Better: Steps you can take now to borrow less and reduce your future stress

    SDN, VIN Foundation, and VBMA are offering a FREE webinar: Paying for your veterinary education is complicated. FAFSA, Direct Loans, Health Professions Student Loans, private loans, family loans, spouse support, savings, summer job -- how do you know which loans or resources are best to use now...
  11. F

    Not enough money from GradPlus

    I have a situation and need someone who knows or has been through it. I am leaving IL to go to school in TN. My husband and our daughter are staying behind for her final senior year of high school. We have a mortgage and lots of debt plus car payments, utilities, etc. I am losing my entire...
  12. I

    Recommended personal loans?

    I have run out of money during medical school, and I won't be able to make it through the summer. I talked to my friends and I think a big difference between them and me is that I have to pay $3000 for health insurance every year and $2400 every year for credit card debt (which I used to pay for...
  13. D

    Loans for Ortho Residency

    Hi all. I am starting an ortho residency in a few months and trying to figure out how to pay for tuition for the residency. What have people used in the past and which of these would you suggest? I have started looking into the Wells Fargo Medcap Loan but curious if there are similar loans out...
  14. I

    Public service loan forgiveness

    Hi all, Is there an list of these accept 501 c-3’a out there for a new graduate? Also, I have heard a lot of hype in SoCial media about this program by getting accepted. Any thoughts/advice about tying for this after graduation? Is it possible to do service work for free for months out if the...
  15. J

    Refinancing Loans

    Hello everybody! I graduated in 2017 and I am about 2 years from my actual graduation date. That being said, I was able to show about two years of gainful employment and a solid income (did not go the residency route...but that should not matter for these purposes). At this point, I was able to...
  16. U

    UAG Sallie Mae Loans

    Does anybody know if UAG certifies Sallie Mae loans for US students in the national (Mexican) program? Or is there a loan program (other than FASFA and Sallie Mae) that does? I've gone to CU here in Guadalajara and they have no idea what I'm talking about or keep redirecting me to the...
  17. U

    UAG Sallie Mae Loans

    Does anybody know if UAG certifies Sallie Mae loans for US students in the national (Mexican) program? Or is there a loan program (other than FASFA and Sallie Mae) that does? I've gone to CU here in Guadalajara and they have no idea what I'm talking about or keep redirecting me to the...
  18. Wayfinder

    Extra things I am unsure about medical school loans covering?

    Hi SDN trying to figure out financial things as I am applying for various gap year jobs. As many people on this site I am one of those soloing my finances, so I am just trying to run numbers. I know cost of living expenses can be covered via scholarships and/or loans, like food, books, rent...
  19. CingulateGyro

    $0 payments with REPAYE still possible intern year?

    Hey, Like many other interns, my loans are about to enter repayment. Unfortunately I did learn of the consolidating right after graduation so you can truthfully declare $0 income trick until it was too late. I filed taxes last year and my AGI is $0. When I go through with the IBR...
  20. frosted2

    Repayment options?

    Hello everyone, My SO and I will have about 500,000 in loans between the two of us once it is all said and done (all federal, interest rate between 4-7% on all). I put these numbers into the loan repayment calculator and the numbers are super confusing. For example, how in the world will doing...
  21. D

    How Much Does Medical School Actually Cost

    I was recently doing some math trying to calculate how much medical school actually costs, and the answer is kind of surprising. Assuming a student needs to borrow $60k per year in medical school and pays off the loans five years after residency, the student will spend approximately $360,000 on...
  22. L

    Financial Concerns for Medical School

    Hey guys, I hope I'm posting this in the right section, but I wanted to get some advice about the financial aspect of going to medical school. I am currently a rising senior in undergrad, and will graduate with a loan already of around 35k. I am planning on taking two years after I graduate to...
  23. theITcrowd

    Paying back loans/saving for retirement as an older student

    Hi all, Did some searching and was unable to find anything particularly specific to my question, so here goes. I'm currently 27 (almost 28) and am finally in a position work-wise where I can potentially take pre-med courses part-time at my local college/CC and/or online while still working...
  24. I

    In the depts of debt

    Hi friends. I'm going over the numbers for loans right now and it's a bit nerve wrecking. For those who are out of state or going out of state, are you planning to take the full loan amount? If not, how much would you try to cut out? What are you guys doing to minimize the debt? The questions...
  25. W

    How does my spouse effect financial aid?

    So I am marrying a med student the summer before he heads to med school. He has no undergrad debt and I have a good bit of undergrad debt. He got lots of grants for undergrad based on his parent's financials. So my questions are: does he have to do this year's FAFSA in regards to us and not...
  26. Bella091

    Accepting Multiple Student Loans?

    My fiancé and I are accepted to the same medical school, but I’m also accepted to two other schools that we would prefer to go to. I’ve been paying all of the deposits for all three schools in hopes that he gets pulled off the waitlist for one of the better ones. Now I’m getting financial aid...
  27. J

    Anyone with NHSC Loan Repayment switched jobs?

    Has anyone with a 2-year full-time NHSC loan repayment commitment (not scholarship) switched jobs during the time period? I have read that - with approval - you can theoretically switch locations as long as the location to which you are moving has a high enough HPSA designation. Curious if this...
  28. D

    Married Medical students: file taxes seperately or joint?

    Hey guys...seeking advice on what to do about taxes. I know im close to the deadline here, so hoping to get some insight on what others are doing soon. My husband is non medical professional and im a 4th year about to graduate and start residency in June, i have heard if i file separately and...
  29. Piglet2020

    Medical School Loans

    Besides the federal loans offered from FAFSA that averages around 6-7% interest rates, are there other loans that have lower interest rates? Thanks! Pls provide link.
  30. @Hazel-rah

    *Financial advice*--selling house, buying vs. renting, and getting loans

    I just realized there is a separate finance forum, so I'm moving this post there! Please go read and share if you'd like! *Financial advice*-- M1 selling house-> buy v. rent & getting loans
  31. F

    Advice on Loans

    So I have been accepted into medical school this upcoming year and I am looking into how to pay for this. I know I am going to take out loans and I am looking into National health service corps stuff BUT in terms of loans: what loans are preferred, how do I apply for them, private vs government...
  32. MasterOfTheSelfie

    Federal AND private personal loans to support family?

    Hi everyone, I have recently been accepted to the school of my choice, but now I’m trying to figure out how to pay for my tuition and expenses. Briefly, my situation is that my wife is expecting a baby soon, and I would like to secure enough loan money to support them throughout school without...
  33. militaryPHYS

    All Branch Topic (ABT) HPSP with additional loans

    Does anyone have statistics on the number of HPSP members who incur debt during medical school? Also interested in the average total amount of debt that HPSP person leaves medical school with. Thanks!
  34. F

    multiple government loans options?

    Hi, I'm a Canadian planning on applying to US DO schools this year. But I am really worried due to the tuition costs!! I know people get provincial loans (osap) + bank loans + family contributions but is it possible to get multiple government loans like osap + federal loan + bank loan...
  35. 0ncogene

    $160K in loans went to collection. Please help!

    I borrowed around $160K in loans from my medical school university, who is now contracted with Heartland ECSI. I was not aware that they were sending me bills after my grace period, which ended about 7 months ago. I have not paid my loans for 7 months. It is in default and has been sent to...
  36. C

    Questions about PSLF

    Hi there! As a prospective dental student for the class of 2022, I am currently doing some research on game plans for how I am going to tackle student debt once I graduate. I know it is a ways off, but I was particularly curious about how hard/competitive it is to qualify for the PSLF program. I...
  37. I

    HOW DO YOU SURVIVE?!

    I didn't know which sub-forum to place this in, but here's a question: Upon actually getting in to medical school... How you survive 4 years of medical school without working? I know it seems like an easy question (just take out loans), but I've worked most of my adult life so far, and the...
  38. H

    Is it possible to afford vet school?

    Currently I'm working part time jobs while getting core classes done at community (to reduce debt). Getting my associates is taking a long time as it is, due to working so much. I already have taken out 7,000 in financial aid and am not even half way done my associates. My grades are amazing...
  39. E

    Heavy Expenses for Graduate School

    For those who have been, are, or will be in a similar situation as me, where you're worrying about copious expenses for graduate school: Please, help! This is my current situation: I just got accepted into the DPT program at Bond University in Australia and am trying to figure out how I am...
  40. R

    Question about loans and financial aspect of dentistry in the US for a Canadian student

    Hi I'm currently a 3rd year sciences student in Canada. My plan is to go into dentistry in Canada however the schools here are very competitive so I'm definitely going to be applying to a lot of USA schools as well. I've been looking at the fees for a lot of dental schools and I've seen ranges...