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Med school Loans

Discussion in 'Financial Aid' started by juiceman311, Apr 6, 2007.

  1. juiceman311

    juiceman311 Senior Member 5+ Year Member

    Aug 9, 2005
    I'm looking for loans right now, but I'd like some advice as to what I should be looking for, good resources, etc...Any advice? I've never had to take any loans out before, so this is new for me.

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  3. psipsina

    psipsina Senior Member 5+ Year Member

    Jun 24, 2005
    Are you talking about govt loans like stafford/perkins or are you talking about private loans to cover additional costs?
  4. Critical Mass

    Critical Mass Guest

    Feb 23, 2007
    You can borrow 30K unsub and 8.5K sub from Uncle Sam each year. Dunno if the interest rates have been announced yet, but it's usually the best deal.
  5. JonnyG

    JonnyG IN the hospitals.... 7+ Year Member

    If you need more than the government loans (most do) the grad plus loans are a good deal if you find a good lender. They have an interest rate cap where as private loans do not. The one thing you should never do is pay an origination fee. They are a big ripoff and there are many good lenders who do not charge you that fee.
  6. BEMD

    BEMD 7+ Year Member

    Sep 28, 2006
    I am in the same boat as you. So far I have found the website to be very helpful. They have sections that talk about everything, even a chart that compairs all of the Stafford Loan companies for medical school loans. Hope that helps.
  7. njbmd

    njbmd Guest Moderator Emeritus 5+ Year Member

    May 30, 2001
    Gone Walkabout!
    Moving to Financial Aid.

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