Hi all,
I will be starting med school this fall and just got my fiinancial papers. Here it goes (per year):
Total loans: $30,000 (8,500 Federal Stafford Subsidized; 6,000 Federal Perkins; 15,534 Federal Stafford Unsubsidized).
Total Scholarships: $26,000.
Although my calculated family contribution is about $10,000, I don't want to ask my parents for money. My father is the main breadwinner in the house but our relationship becomes really strained whenever money gets involved. I've had enough of that in undergrad. Basically, I know he will offer to help, but it will come with thick strings attached.
Thus, do you think that $30,000 is okay to borrow, or is it too much? Of course, I am thinking that I will have to repay it later.... I just wanted to know how much loans you guys usually take per year.
Also, do you feel that living expenses calculated by the school are enough?