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Financial Aid Question

Discussion in 'Pre-Medical - MD' started by sweets, Jan 9, 2002.

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  1. sweets

    sweets New Member

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    I am applying to medical school this year and I was wondering about the financial aid aspect of it. Here is the deal: When applying for financial aid to go to medical school, do I have to disclose information about my bank account, family assets, and investments? I feel that sometimes these financial aid people think you're "rich" and therefore not deserving of financial aid-even though the money will be used to pay for the mcat applications (in addition to other things like bills). Please give me some feedback with regard to the financial aid aspect of it. <img src="confused.gif" border="0">
     
    #1 sweets, Jan 9, 2002
  2. Amy B

    Amy B I miss my son so much
    Moderator Emeritus Lifetime Donor Verified Account 10+ Year Member

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    On the FAFSA form (federal aid) you will need to disclose income amounts included on the 2001 income tax return. This will be for your parents or for you. I know what you mean about worrying that they will think you are "rich". It is not that way at all. The only thing it will affect is the receiving of loans and not being able to get grants which you don't have to pay back. You will get a regular loan with interest that adds on yearly if your income is over a certain amount.
    Hope this helps.
     
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    #2 Amy B, Jan 9, 2002
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