Ever since last year of high school I was under the belief that if your parents can't manage to financially support your US education (I'm speaking as a Canadian), then you have zero chances to fund your education in the US.
And seeing how extremely cut-throat med school here in Canada is, I decided that it was an extremely big gamble that was not worth pursuing. Had US med school been an option that I could fall back into, I would have definitely continued undergrad as a science major.
I am now switching my major to nursing, but med school is something that I think about it every now and then. So lately I have been doing more research on US med schools, and I am very surprised at the admission stats for quite a few schools. The $ is the big issue for me.
So realistically speaking:
1) Will Canadian banks give a max of 250k loan to Canadians studying in US medical schools? A 250k loan is not enough, as I estimate I will need a bit over 500k. So can I get another loan of equal value (250k) from another major Canadian bank?
2) I have heard US banks are much more generous, as long as I have a co-signer in the US. Luckily my family knows someone who is making close to half a million a year. Are the US banks truly generous to Canadians studying med in the US?
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I realize I'm asking many questions, but I would greatly appreciate any input.
And seeing how extremely cut-throat med school here in Canada is, I decided that it was an extremely big gamble that was not worth pursuing. Had US med school been an option that I could fall back into, I would have definitely continued undergrad as a science major.
I am now switching my major to nursing, but med school is something that I think about it every now and then. So lately I have been doing more research on US med schools, and I am very surprised at the admission stats for quite a few schools. The $ is the big issue for me.
So realistically speaking:
1) Will Canadian banks give a max of 250k loan to Canadians studying in US medical schools? A 250k loan is not enough, as I estimate I will need a bit over 500k. So can I get another loan of equal value (250k) from another major Canadian bank?
2) I have heard US banks are much more generous, as long as I have a co-signer in the US. Luckily my family knows someone who is making close to half a million a year. Are the US banks truly generous to Canadians studying med in the US?
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I realize I'm asking many questions, but I would greatly appreciate any input.