Hey pre-meds, I am starting med school in 2 weeks.. The best advice I can give you pre-meds is to HAVE GOOD CREDIT!! They don't tell you untill it's too late that you must have no adverse things on your credit report in order to get the grad-plus loan. If your education is going to cost more than $38,000 (tuition, room, board, living expenses) then federal stafford loans won't cover anything past 38k.. You will have to pull out a grad plus loan to fill in the gap.. Example Tuition $30,000 that leaves only $8000 for books, and living cost for the entire year so you will have to get a grad plus or private loan which means you need good credit! Good luck everyone!