How does one pay for Ross/SGU/etc

Discussion in 'Caribbean' started by CaptainJack02, Jun 15, 2004.

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  1. CaptainJack02

    CaptainJack02 let's stir and shake 7+ Year Member

    Nov 19, 2002

    how do folks pay for ross and other carib schools? its around 20 grand/year for tuition + living exp = ~30k/year? are these covered by private loans? you don't get govt funding, do you? my efc from fafsa is 14k, and i CANNOT pay 14 out of pocket. just researching this matter rite now.

    oh, another thing, is it too late to apply for ross or sgu?
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  3. flighterdoc

    flighterdoc Rocket Scientist 7+ Year Member

    The big three (SGU, Ross and AUC) are all eligible for stafford loans, same as a school in the states. You'll max them out, and take private loans as well but it's not that bad.

    You won't actually have to come up with the 14K, that just lowers the subsidized amount you can get - the balance goes unsubsidized.

    OBTW, it's a LOT more than $20K per year - there are 3 semesters per year. SGU has some really short "semesters" too, in the later semesters.
  4. Brian Pavlovitz

    Brian Pavlovitz give me that marrow! 10+ Year Member

    May 31, 2003
    Fighterdoc is correct--you can take out full loans for SGU (like I am), so that you really don't pay anything out of pocket except air fare. Our 3rd term was short (like 5 weeks?), as was our 5th term. If you go full loans like me, you'll end up around $160k in debt. :scared: It's a lot, but I think worth it in the end.

    As far as being too late to apply, it may be too late for this August (but perhaps not). Applying for January admission is probably fine.
  5. Orchid 209

    Orchid 209 Member 7+ Year Member

    Feb 27, 2004
    North Chicago
    $160 K in debt?? So how did you pay for the rest as the projected cost of living and attending SGU was predicted to be $210K.....

    Aren't a lot of US Med Schools around $160 K??? (ex.... most tuition of private med schools avg. $35K a year.... and adding up the cost of living... wouldn't it be more??

    I've got a lot to learn still.... :confused:

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