Fed Loans Available?

Discussion in 'Financial Aid' started by md_student2b, Jul 18, 2002.

  1. md_student2b

    md_student2b Member
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    Does anyone know what types of lfederal loans are available for medical students and their limits? From what I've gathered, you can get a subsidized stafford for up to $8500 a year if you've got need, an unsubsidized Stafford for up to $10,000 without need, maybe another 20k or so unsubsidized if you're school participated in the now defunct HEAL program and maybe a Perkins loan for $4000. Still waiting for fin aid packet to come in and pretty worried b/c I've got some major expenses to cover (like i my prev. posts) with only a little time to go and almost no money of my own to do it with.
     
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  2. KyGrlDr2B

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    You can get more than that based on your school's estimated living expenses plus tuition. My school allowed for about 31K a year and 8500 is the max in subsidized.
     
  3. daisygirl

    daisygirl woof
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    My school budgeted me for $34,650 worth of unsubsidized stafford. I didn't get any subsidized b/c of my EFC (which stipulated that I should contribute ~64,000- no this is not a joke and no I am not rich).

    I wouldn't worry too much about loans. Once your in a med school, med schools seem to do everything within their power in order to help you finance the cost of med school.
     
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