Financial Aide Questions

[pod101]

---

Members do not see this ad.

So what is the most cost effective and most expensive podiatry school to attend?

(Grand Totals: Not Just Tuition)

Any ideas/plans on how to pay for it?

Need a financial aide for my financial aid.

 

[OhEmGee]

they all end up costing about the same.

i believe NYCPM is the least expensive, somewhere in the mid 20s a year, but the cost of living is most expensive.

I would say you are going to end up paying at least 50k a year regardless of where you go.

the only way to save the big bucks is to either live close enough to commute or have a family member/friend who can house you.

to pay for school you take out massive loans and pray you land a residency at the end of your 4th year so that someday you may be able to pay them back.

 

[heybrother]

I didn't spend anywhere close to the projected cost of living for DMU. This can be an extremely affordable place though it doesn't mean it will be. I've got classmates paying $300 for an apartment and I know people paying $700+. Cost is an important consideration, but its one of many considerations many of which are hard to articulate and harder still research. Let's face it - the schools go out of there way to make sure you don't know the things you need to know and the majority of what you'll read on this forum is just self-affirming garbage and school PR.

What do you want? Where do you want to do your residency? Do you feel some sort of need to live in a big city? Many of these questions can be more easily examined by looking at how you've already lived up to this point (where you went to college, where you grew up). Do you own a car?

 

[jonod1107]

I think Temple and Western might be the most expensive. At Temple, instate is 33k and out of state is 35k in tuition. Cost of living isn't that cheap either since u are in Philly. Student housing is about 800-900 a month.

Western, the tution is 33k and student housing is also around 900 a month.


At NY, the tuition is only 28k and student housing is 900-1000 a month. I would say that NY is actually cheaper overall than Western or Temple.

Ohio tuition is also 32k but it is located in a small town so housing can be had for $400 a month.

 

[StudentDPM2016]

NYCPM isn't as expensive as you think even with living I'm spending less than 50k a year and don't ever feel financially restricted (except that I can't live in a penthouse suite). Keep in mind you don't have to pay for a car/parking/gas/car insurance. You can find cheap food places, and the subway systems are great and you can go anywhere. You don't need to drive you the hospitals during your rotations. I actually think it's a pretty great deal.

 

[OhEmGee]

NYCPM also gives out tons scholarships. Decent students get about 4k a year, which drops tuition down to 24k. You only have to maintain a 3.2 to keep the scholarships, so most of us will do not have a problem holding on to them. I even have some classmates getting 6.5-8k a year in scholarships which means they are only paying around 20k or so.

 

[Fetting]

In the past I did some research on the numbers for at three schools (NYCPM, Temple and KSUCPM (Ohio)). I included tuition, housing, food, transportation, car insurance and many other things making it a very detailed list. Temple turned out to be by far the most expensive. I believe it was 5k to 6k more than the othet two. KSUCPM was next on the list. Tuition in Ohio keeps going up, food actually costs more than you'd think and there are a few other factors. NYCPM was by far the cheapest. Suprisingly living in NYC isn't nearly as much as everyone makes it out to be. Sure it isn't cheap but it's not like you're paying the 5k a month that everyone assumes you are.There were also a few other fields cheaper in NYC than both Temple and Ohio.

If you don't come from money you can plan on getting around 50k from the government each year for a 4 year total of 200k. Scholarships will help and if you're lucky you'll owe around 150k, but most students aren't lucky. This will come at either 6.8% or 7.9% interest, which will tack on around 16k in owed interest before residency starts. At least there's an easy way to get this money so that's one benefit.

Overall, it's a tough balance of living within your means, only taking what you need while still spending time with your classmates and enjoying the better part of your 20's. Owing 170k compared to 160k isn't a big deal in the grand scheme. Just avoid owing 200k instead of 160k.

Go to the school that fits you best. Money shouldn't be much of a consideration in this choice.