$300 000 down??

[tea1018]

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I just talked to one of my friends who was accepted for the 2009 class who told me he was conditionally accepted upon showing $300 000 in CASH. Ie, no stocks, bonds, collaterals etc. That was the final step needed to secure his place because of the recession.

Really?? I mean, if that was the only thing between me and a MD I'd cough up the money, but not without some serious headaches first. Anybody know anything about this?

 

[brooklynblunder]

he was probably international and btw how do you plan on coughing up the money?

 

[ruiner]

Yeah I've heard of international students being asked to front large amounts of money but not any residents.

 

[dingyibvs]

Yes, international students are generally required to show at LEAST 100k in the bank. I couldn't come up with that money so that's why I waited until after I received my green card to apply.

 

[tea1018]

Yes, he is international but told me all this classmates did the same thing incase loans don't come through. I'm not familiar on the topic of student loans because I never took one before (scholarship + working was enough.)

 

[RogueUnicorn]

carib?