Medical school with no credit/bad credit and loans!

[AleisterCrowley]

---

Members don't see this ad.

>I want to go to medical school.

>I am in my mid 20s.

>My mother is deceased, and my father(only possible cosigner) is quite poor with awful credit.

>Neither my father or I has saved any money for medical school.

>If I get into medical school I would have to fund it entirely off of grants,loans, and scholarships.

>I don't have any credit card debt.

>I was injured when I was about 18 or 19, and I accrued so much debt from medical bills that there was no way I could even begin to pay it off whilst working for minimum wage.

What do, SDN? 😕 😕

I assume that medical school loans are similar to undergrad loans in that they are based off of credit score, correct?

Does this mean that I should just allow my lifelong goals & dreams to dry up like a raisin in the sun due to finances?

Thank you for reading this,
AC

 

[DrMidlife]

Credit score makes no difference for federal Stafford loans. But only a few public schools can be financed with Staffords alone. The rest require GradPlus loans, which require good credit or a cosigner.

Military scholarships pay the full fare for med school, if you can get one.

Damage to your credit rating from those medical bills needs to be contained. You can't just ignore them. Go see a consumer credit counselor to get moving on a negotiated agreement.

Regardless of the finance issues, you have to get accepted to med school, which means you have to be a competitive applicant. So if you don't have about a 3.6 GPA, that's a bigger problem than money.

Best of luck to you.

 

[AleisterCrowley]

GradPlus loans, which require good credit or a cosigner.

That is what I was wondering.

I suppose that is generally why those from wealth off backgrounds end up becoming doctors.

Thank you for your time,Dr Mid.