It is strange to me that they call these things "Award Letters"...
It's basically telling me I can take out a lot of loans! Gee thanks!

It's basically telling me I can take out a lot of loans! Gee thanks!
Use all the free resources available to you from SDN: articles, guides, expert advising, forums discussions, and school research.
that's no award...
This is an Award.
![]()
*hopes everyone has seen A Christmas Story*
It is strange to me that they call these things "Award Letters"...
It's basically telling me I can take out a lot of loans! Gee thanks!
![]()

If you take out less than the amount they award you but then find out later you need more...can you take more out like mid semester or something?
I am fowarding this to DCOM so they can correctly name their first fin. aid letters.Nooo doubt! They should call them "Letters of Debt of Unusual and Woeful Proportion."![]()

On the other hand, it's good that banks will loan us this money. Otherwise, most of us wouldn't be going to med school.
that's no award...
This is an Award.
![]()
*hopes everyone has seen A Christmas Story*
Nooo doubt! They should call them "Letters of Debt of Unusual and Woeful Proportion."![]()
On the other hand, it's good that banks will loan us this money. Otherwise, most of us wouldn't be going to med school.
If you take out less than the amount they award you but then find out later you need more...can you take more out like mid semester or something?
So in this situation how long does it take to get the remainder? I'm thinking of taking out less than I got awarded but I'd be nervous if I had an emergency or something would it take weeks? How does someone go about doing that? Thanks 🙂
Often if you apply for additional financial aid during the year then it is split accordingly based on the remaining fianancial aid disbursement times.
For instance, at PCOM we get our loans in 3 parts, at the beginning of each trimester.
If I apply for $6,000 additional and we are in the 1st trimester, I get $2,000 immediately and the other $4,000 is split between the other 2 disbursement dates.
If I apply for $6,000 in the 2nd trimester I get $3,000 immediately and the other $3,000 comes at the last disbursement.
Needless to say you should get SOME money immediately, if not all. I suppose it would depend on the policy of your schools FA department. Where are you going next year?
that's no award...
This is an Award.
![]()
*hopes everyone has seen A Christmas Story*
Our mission is to provide students with free, unbiased information, resources, and advising for careers in the health professions. We believe every student deserves access to trustworthy guidance, regardless of background or ability to pay.
We use essential cookies to make this site work, and optional cookies to enhance your experience.