In addition, what if I am still in the interviewing process (accepted December 1 but still waiting on interviews that will potentially happen in January, February, etc)--I will just have to put down a deposit regard
I am hoping I am a competitive applicant for scholarships. I'm coming from a Top 10 school with a 3.72 GPA and 25 AA. I've known lots of students from my school who have received the UPenn scholarship with worse stats.
I come from a very pre-med oriented school, so everything I know is from medical schools (only about 3-4 kids apply to dental school a year whereas there are ~400+ students who apply to medical school). I understand that medical schools do give out grants based on family income/needs? Do dental schools not have the same?
1. Yes, you have to put down a deposit and then put down extra deposits at schools you like. Thus, a lot of people lose at least 1 deposit (amount 1000$) because they just have 1 school acceptance dec 1st and more schools acceptance after. Hence, you should apply ASAP, interview ASAP, and even if you are on waitlist, you can get in soon after Dec 1st and limit the chance of blowing money on deposits.
2. UPENN is a very very expensive school and only very few of their students get the scholarship you talk about. The purpose is to attract students to attend Upenn over the in-state program these students get into. however, the price at UPENN after scholarship is accounted for is still sometimes 50-60k more than the in-state dental programs these students get into.
3. I think not all 400+ students from your pre med college get into medical school.
4. Dental schools scholarships are largely based on merit and not based on family income/needs. I can see if you come from financial hardship background, you can offered 10-20k per year of loan at low interest rate with no accruing interest until you graduate. However, this is very subjective based on each school. It is not a grant type of free money FAFSA gives to you like undergrad.
5. you should understand that medical schools are very VERY heavily subsidized by the state (even private medical schools are subsidized). and thus the cost is lower for the students because the third party foots the bill.
6. While most private dental school will run you up to 440k$ for total cost of attendance (not including your undergraduate debt if you have one), some public school out of state that offer in state after one year will run you up to 300k$, or your in state dental school will probably run you up to 250k$ if you are lucky to live in a state with this in state dental school.
your stats is VERY competitive, blow massive time to write polished personal statement, make sure your LORs are glowing, and practice tremendously for interviews, you will be a good shot at your public instate school or public school out of state that offer in state after one year (ex: Uconn, UNLV, University of buffalo, Stony brook) or less expensive private school (creighton, University of detroit, mercy , case western reserve university)