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There aren’t a ton of scholarships. Loans baby loansI've heard mixed information from med students and online -- but is financial aid for med school generally only in the form of loans? I have heard scholarships aren't really a thing unless you're being incentivized to do some sort of primary care/rural medicine program, but is there an income-based reduction in those $50-60k tuition costs for those not taking out loans like there is in UG?
I don't have a state school but I'm targeting mid-low tier MD and also applying DO. I will not take out any loans, but I'm wondering if it's even worth applying to super expensive cities unless there are aid packages that will alleviate the total financial burden since it's not just the school, but also living/apartment costs etc.
You kinda have to though...I will not take out any loans
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Unless you get a scholarship from the school (which is rare) or take out loans, then no you have to pay the high cost to live in an expensive area.Sorry, to clarify I'm fortunate enough that my parents will be paying in full, but I want to minimize any unnecessary financial burden and avoid applying to certain ultra-expensive cities that will require additional high costs if the tuition price is set in stone.
Oh, yeah that changes things lol. I thought you meant you were just against taking loans. Agree with the above poster then.Sorry, to clarify I'm fortunate enough that my parents will be paying in full, but I want to minimize any unnecessary financial burden and avoid applying to certain ultra-expensive cities that will require additional high costs if the tuition price is set in stone.
Sorry, to clarify I'm fortunate enough that my parents will be paying in full, but I want to minimize any unnecessary financial burden and avoid applying to certain ultra-expensive cities that will require additional high costs if the tuition price is set in stone.
Lmao
Nah they only want $$. Some schools have campus housing that's cheaper. Like Albert Einstein I'm pretty sure has studios for ~700/month which is obviously low for the area. I'm in a similar situation and what I'm doing is just applying to all of them that I can target stats-wise, and (if lucky enough to get into more than 1 place) my parents will pick the cheaper school to cover
Nah they only want $$. Some schools have campus housing that's cheaper. Like Albert Einstein I'm pretty sure has studios for ~700/month which is obviously low for the area. I'm in a similar situation and what I'm doing is just applying to all of them that I can target stats-wise, and (if lucky enough to get into more than 1 place) my parents will pick the cheaper school to cover
I'm all for being financially responsible, but you're telling me if you got into an objectively better school you'd go to the worse one because it's cheaper and that's what your parents decided?
Just take whatever monetary assistance your parents provide then tack on whatever else is needed through loans. Worst case scenario you graduate residency with debt still far below the national average and pay it off in 1-2yrs.
I'm all for being financially responsible, but you're telling me if you got into an objectively better school you'd go to the worse one because it's cheaper and that's what your parents decided?
Just take whatever monetary assistance your parents provide then tack on whatever else is needed through loans. Worst case scenario you graduate residency with debt still far below the national average and pay it off in 1-2yrs.
No, I don't mean that. Even if I take out loans, they'll be the ones who'll end up paying them (very ingrained cultural thing and I feel bad making it more than it needs to be).
I would go MD over DO, and if one school is like T20 by some miracle lol I would go with that, which they agree with doing. Otherwise, yeah I'd love to live in NYC but if the cheaper school means going to Ohio then I'm going