Loans for UNDERGRAD.. Will they affect med school?

[SupernovaNights]

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Alright, so I know loans for med school are through the roof. Thing is, I am currently loading up on loans for my undergraduate education. Even AFTER scholarships, I will likely accumulate 35-40,000 in debt from stafford subsidized and perkins loans.

So what I would like to know is... do these loans typically provide trouble for getting loans at med school, and can they be deferred until after graduation from med school? Do they apply towards the limit in loans that you can get from med school?

I'm worried about these things... I know that after I become a doctor, I wont have to worry about them, but they are already getting big, and I'm just an undergraduate. I COULD go without the stafford loan, but it would hurt my pockets a bit right now, and if they wont affect my ability to go through med school, I'd rather keep them.

 

[lilnoelle]

The only way your previous loans should affect your med school loans is by affecting your lifetime max for Stafford loans.

 

[SupernovaNights]

I've heard that before... Do you think that loans of around (But not greater than) 40,000 dollars will put a significant dent in my lifetime total for stafford loans? And are there other loans that are as easy to get as stafford loans that I will possibly have at my disposal?

I just want to make sure that I'm not screwing myself in the long run by being malcontent with living on ramen.

 

[kdburton]

Alright, so I know loans for med school are through the roof. Thing is, I am currently loading up on loans for my undergraduate education. Even AFTER scholarships, I will likely accumulate 35-40,000 in debt from stafford subsidized and perkins loans.

So what I would like to know is... do these loans typically provide trouble for getting loans at med school, and can they be deferred until after graduation from med school? Do they apply towards the limit in loans that you can get from med school?

I'm worried about these things... I know that after I become a doctor, I wont have to worry about them, but they are already getting big, and I'm just an undergraduate. I COULD go without the stafford loan, but it would hurt my pockets a bit right now, and if they wont affect my ability to go through med school, I'd rather keep them.

Like the previous poster said, you could reach a lifetime max for Stafford loans. You can find other loans though such as Grad Plus loans, etc that will bring you up to the cost of attendance at most schools. I have about the same amount of debt as you from Ugrad, but I'm still able to get enough financial aid for med school by filling out FAFSA (and my expected family contribution is $0)