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Incoming M1 here, going to private med school with COA of 80k (by my own estimation and the school's). Credit score is good from never missing credit card payments, but not perfect since I've never taken out loans before.
I have $13k in savings (to use for moving/fun/misc expenses) and a college savings account from a parent (currently 8k, previously over 20k when the economy wasn't on fire).
My plan:
M1 - Max out my direct subsidized/Stafford loans (20k, 4.5% interest right now) and then cover the rest with Grad PLUS (60k, 5.5% interest).
M2 - Assuming economy is better and interest rates are back up, use my student savings account (hopefully 20k), max out Direct (20k), cover rest with Grad PLUS.
M3 - Same as M1
M4 - Same as M1, but also apply for specialty-dependent scholarships.
Residency - Start repayment with PSLF and/or income-based repayment.
Attending - Would like to do Indian Health Service loan forgiveness or other public service out of personal interest and PSLF repayment.