- Joined
- Sep 30, 2008
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Yeesh.So I made a rash decision and signed up for an SMP even though I’m not in a horrible place application wise. I panicked. I was feeling uncomfortable about my current set of stats, esp given COVID, and thought maybe an SMP would help improve my chances. Imposter syndrome/type A “must throw money at the problem” mindset got to me.
It’s been 3 weeks since class started. Academically, I’m doing great. A’s on all quizzes and assignments. Financially, it’s gonna be a ****show. Long story short my credit is horrible, so I’m only eligible for about $8k in loans per semester (not eligible for PLUS loans or private loans), which doesn’t leave much wiggle room for living expenses after tuition is paid. I’m also terrified after the SMP I’ll be running up against loan limits. I have a previous masters and some other grad classes. I want to make sure I save some wiggle room for med school loans.
Would withdrawing from the SMP after only 3 weeks (this is my first semester) look bad? Obviously no one can verify my reason for withdrawing but I would state that it was financially driven.
(and yes, I realize I have issues with money management. Definitely something I need to work on prior to med school.)
Yes, it looks bad to withdraw from your SMP, and it would be a pity since you're apparently doing well. But if you don't have the money, you don't have the money. Afraid I don't have much more to add--you seem to have made a mistake, and there will be some pain involved in getting past it either financially or with consequences of needing to withdraw and have that on your app.