2017-2018 Seton Hall - Hackensack Meridian

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Isn't it $20,500 in Federal Unsubsidized loans per semester?
nope, per academic year. For example, the COA is $93,000, but if you take the 30% tuition discount, the COA drops to $75,000. Each year, you would be eligible to borrow $40,500 at 6% and the remaining $34,500 at 7%. Both options will accrue interest immediately. IF the interest rates do not increase, your weighted average interest rate would be 6.46%. So if you were not planning on utilizing any loan forgiveness options (which may or may not still be in existence years from now), you might be better off trying to find a personal loan with a lower fixed interest rate.
 
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I thought I read somewhere (maybe Seton's main financial aid page?) that Federal subsidized loans were available only to students in a program authorized to grant a terminal degree, meaning that a med school would have to reach provisional status first. This is moot if it's true that grad students don't qualify for subsidized loans any more. I hadn't heard that before - what a travesty!
as of 7/1/12, Graduate and Professional students no longer have access to Federal Subsidized Loans.
 
I thought I read somewhere (maybe Seton's main financial aid page?) that Federal subsidized loans were available only to students in a program authorized to grant a terminal degree, meaning that a med school would have to reach provisional status first. This is moot if it's true that grad students don't qualify for subsidized loans any more. I hadn't heard that before - what a travesty!
No that’s overall. Grad students don’t get subsidized loans. I remember reading it after filling out the fafsa
 
nope, per academic year. For example, the COA is $93,000, but if you take the 30% tuition discount, the COA drops to $75,000. Each year, you would be eligible to borrow $20,500 at 6% and the remaining $54,500 at 7%. Both options will accrue interest immediately. IF the interest rates do not increase, your weighted average interest rate would be 6.73%. So if you were not planning on utilizing any loan forgiveness options (which may or may not still be in existence years from now), you might be better off trying to find a personal loan with a lower fixed interest rate.

Maybe they changed it? Federal Student Loans - Medical Schools and Students - Government Affairs - AAMC

According to the aamc, you can get up to $40,500 annually from federal loans
 
Maybe they changed it? Federal Student Loans - Medical Schools and Students - Government Affairs - AAMC

According to the aamc, you can get up to $40,500 annually from federal loans


As someone who has taken out student loans, there are two types that you can use to pay for your school. One with a lower interest rate (6% or so) has a limited borrowing limit which is about 40k annually. If you need more, you can take up to the COA in higher interest loans (7%). Normally the financial aid office will max you out on the lower interest loans before using the higher interest rate ones. All graduate loans are unsubsidized, meaning interest will accrue throughout medical school and beyond. Only undergraduate students get subsidized loans.
 
Seton Hall - Hackensack Meridian medical school applications up to almost 1,000 for 55 slots
Board of Trustees also voted to establish a $100 million endowment, which will go toward student scholarships.
Check out this story on northjersey.com: North Jersey News and Information | NorthJersey.com Best of Luck to all applying
We need these new companies to chill cuz Im tryna get in haha
 
Seton Hall - Hackensack Meridian medical school applications up to almost 1,000 for 55 slots
Board of Trustees also voted to establish a $100 million endowment, which will go toward student scholarships.
Check out this story on northjersey.com: North Jersey News and Information | NorthJersey.com Best of Luck to all applying

The article called it the states first new medical school in 50 years. Poor cooper
 
Did the school reach out to you after you submitted your primary? I just submitted yesterday.
 
After submitting an update did anyone get email confirmation or just the “your form has been submitted” thing from Formstack?
 
so factoring in the 30% tuition reduction to lower the COA, the weighted average interest rate for the federal loans for this school will be 6.46%. (if the fed does not increase the rate prior to July)
 
Did anyone sneak in a letter of interest into their update letter or was it literally just an update letter?
 
Did anyone sneak in a letter of interest into their update letter or was it literally just an update letter?
I did but it was basically how my updates would apply to some of the things that they offer (ie my research and how I would like to continue in a similar field offered by the school). Nothing too extreme cuz I feel like theres only so much you can be interested in without going and actually seeing the school and getting a vibe for it and the area/clinical sites.
 
So the school offers the 3 year track where you can go straight into residency after 3rd year if they offer the program Hackensack. But what about stuff like Derm/PM&R/etc where they dont offer a residency? The 4th year research elective wouldnt be very helpful when already applying to residency spots, especially in competitive fields like derm. The school seems pretty flexible and do you think they would allow you to take the research year earlier (between clinical and advanced clinical)?
 
So the school offers the 3 year track where you can go straight into residency after 3rd year if they offer the program Hackensack. But what about stuff like Derm/PM&R/etc where they dont offer a residency? The 4th year research elective wouldnt be very helpful when already applying to residency spots, especially in competitive fields like derm. The school seems pretty flexible and do you think they would allow you to take the research year earlier (between clinical and advanced clinical)?

Well if you're applying derm, you're gonna want to take that research year anyway. For other fields, you would probably continue doing rotations. The last year isn't just for research; you could also use it to hit up more away rotations to up your chances of matching at certain places
 
Well if you're applying derm, you're gonna want to take that research year anyway. For other fields, you would probably continue doing rotations. The last year isn't just for research; you could also use it to hit up more away rotations to up your chances of matching at certain places
Thats what I was confused about because they offer plastics/ortho/rads and those tend to be specialties that require a research year but they said if they have the program, you can just apply after 3rd year. Im already planning on a research yeah wherever I go. I also did get how you could match after 3rd year if you take STEP in january. Maybe they do an internal placement or something like that.
 
Thats what I was confused about because they offer plastics/ortho/rads and those tend to be specialties that require a research year but they said if they have the program, you can just apply after 3rd year. Im already planning on a research yeah wherever I go. I also did get how you could match after 3rd year if you take STEP in january. Maybe they do an internal placement or something like that.
From what I read in the handbook it is an internal placement:

"Students who choose to enter residency for their Phase 3 will only be able to enter residency programs within the Hackensack Meridian Health Network. This will be an option for students going into any field for which there is a residency within the HMH Network."

http://www.shu.edu/medicine/student-affairs/upload/Academic-Bulletin-and-Student-Guide.pdf
 
Yeah they got back my email and told me things we already know. No secondary, deadline to submit is May 15th, rolling admissions, interviews expected to start mid-late April, will interview until class is full.
 
does anyone know or has anyone heard about what the average MCAT score will be around?

What about science GPA?
 
does anyone know or has anyone heard about what the average MCAT score will be around?

What about science GPA?

I believe that's a statistic that will result from who they accept. They are going to accept the most competitive applicants who fit their school the best, and then they may release the profile of what that is for the next cycle.
 
I believe that's a statistic that will result from who they accept. They are going to accept the most competitive applicants who fit their school the best, and then they may release the profile of what that is for the next cycle.

The most competitive applicants left are probably gonna be in the middle or lower end of the stat spectrum. I'm sure most of the high stat people already have acceptances and would be wary of a new med school. The median stats could be lower this year and then shoot up the next
 
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