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rolling admissions...
Hello everyone,
I was recently accepted to LECOM (yaay!), but now that I have been officially accepted I am having some concerns:
A) I am most worried about the financing for this school. There is no option for Federal loans at the moment, and from what I have been told, it doesn't seem likely that that will become an option. This worries me for a few reasons.
1)First, and most obviously, it means having to get private loans which will probably be more difficult and expensive.
2)Why are they not able to get approval for federal loans? (I read that this is pending on approval by the Middle States Commission on Higher Education (MSCHE), but Mr. Shrively didn't exactly instill any confidence that this was going to happen by the expected March date) What is the significance of what MSCHE is even approving? Could that affect how they view the validity of our degree?
3) If at some point in the future they are approved for federal loans, will it be likely that this inaugural class will at least partially benefit from that?
B) How set in stone are the tuition rates? They only show tuition rates for the first year, but what about years after that? Has anyone heard of scholarships for their dental students?
C) Has anyone heard how their construction is coming along? I tried to look at the live cam, but I couldn't bring it up on my screen....
how can federal loans not be available for a graduate school IN the U.S.? *scratches head*
i know people who go to St. George's School of Medicine that are receiving federal loans....
it definitely has to go through. i can't think of why it wouldn't...
B. given that it is a new school, i figure that they're still ironing out the details. most schools have the trend of ~the same tuition for the first 2 years, and the last 2 years with less tuition (4th year being the cheapest)
C. in order to view the construction site, you can only view it through internet explorer. they're definitely stepping that up..they went from laying the foundation down, to constructing that frame within a week's time. they'll definitely have it ready by july
I'm glad to see that someone else shares my concern.
I spoke to Mr. Shively and he told me that he is confident the MSCHE accreditation will come through, but he would be lying to me if he told me it was a sure thing. I see it as a plus that they are being upfront and not trying to hide anything.
Mr. Shively also said that we would be able to take advantage of federal loans the next year, if they don't receive the accreditation this year.
They do have scholarships, look on their website. I am planning on applying for them if I decide to go to LECOM.
I really like this school, the clinics are going to be awesome! If it wasn't for the MSCHE issue I would have no doubt about where I would attend.
I wouldn't worry too much about the construction, it will be another two years before it is even a concern. The basic structure of the building is almost done.
Loans aside, what does it mean if MSCHE accreditation doesn't come through?
Hi Guys! I see that we will all be future classmates! I was accepted today and will most likely be accepting the offer!
Me too! I definitely want to stay in Florida Have you received an official letter in the mail by any chance?
WOWWWW, I did not know about those caps!!! THAT'S RIDICULOUS! So a fixed rate is definitely the way to go then?? I just don't understand why they wouldn't be approved for federal loans in the first place because a loan is a LOAN. Someone out there will be making money off the interest we'll be paying back for years to come. So how could they not be approved? And I don't really understand what they mean when they say that they'll be finding out in January. Does that mean that they will find out for SURE whether they get federal funding in March and they're telling us to secure private loans just in case? The fixed rates I'm seeing around in the 7-8% range. I agree though, I'm THRILLED about LECOM because I genuinely want to go there, everything I've heard has made me fall in love with the school even more, but this financial situation is just ridiculous! It's a huuuge drawbackIf it makes you feel better Nikki, I was recently accepted to LECOM, and I am in the SAME boat as you! I too have a MAJOR concern about financial aid, especially if it has to be a private loan. Most lenders only give variable interest rates instead of fixed. Honestly, in my opinion, if there is a lender with a fixed rate, i'd look a little more into them. You could end up paying an arm and a leg with "variable" by the time you finish dental school. This is because what most lenders don't explain to individuals is that there is an interest rate "cap" that go as high as 25% (instead of the 4-10% average most post on their websites). The ones I called were 18, 21, 19, and 25% caps. I know this because I spoke with about 4-5 of them today :-/ Please don't get me wrong either, I'm thrilled to have this chance for LECOM, but its going to take awhile before I figure this whole thing out.
By the way, I've been reading all of these posts since December, and I can't wait to be able to meet all of you who will be my classmates! I'm soo excited!
Also, anyone have an update on whats going on with the approval of Federal Loans? Just thought I'd ask. I still don't understand why LECOM would accept students w/o securing these loans for us :-( idk...me just thinking out loud
Me too! I definitely want to stay in Florida Have you received an official letter in the mail by any chance?
UPDATE: received a letter this morningNo I still haven't gotten anything...It might be because I am from out of state so it probably takes a little longer. But let me know if you got your letter already. I just have gotten a phone call and that's it.
WOWWWW, I did not know about those caps!!! THAT'S RIDICULOUS! So a fixed rate is definitely the way to go then?? I just don't understand why they wouldn't be approved for federal loans in the first place because a loan is a LOAN. Someone out there will be making money off the interest we'll be paying back for years to come. So how could they not be approved? And I don't really understand what they mean when they say that they'll be finding out in January. Does that mean that they will find out for SURE whether they get federal funding in March and they're telling us to secure private loans just in case? The fixed rates I'm seeing around in the 7-8% range. I agree though, I'm THRILLED about LECOM because I genuinely want to go there, everything I've heard has made me fall in love with the school even more, but this financial situation is just ridiculous! It's a huuuge drawback
[email protected], adding the email usually helps!First of all, congratulations on getting accepted to LECOM! I am a first year ISP right now, and am in need of a female roommate for next year! I live in a two bedroom, one and a half bath townhouse, with a basement (that is mostly for storage.) The rent is $350/month, plus utilities, I don't have cable now and am planning to not have cable next year. I have a 8 month old cocker spaniel puppy, so you must love dogs! I am looking for someone who keeps the common area clean (your room can be as messy as you want), and who is just easy going, and a serious student. (No crazy partiers!) Please email me with questions!
Elizabeth
First of all, congratulations on getting accepted to LECOM! I am a first year ISP right now, and am in need of a female roommate for next year! I live in a two bedroom, one and a half bath townhouse, with a basement (that is mostly for storage.) The rent is $350/month, plus utilities, I don't have cable now and am planning to not have cable next year. I have a 8 month old cocker spaniel puppy, so you must love dogs! I am looking for someone who keeps the common area clean (your room can be as messy as you want), and who is just easy going, and a serious student. (No crazy partiers!) Please email me with questions!
Elizabeth
First of all, congratulations on getting accepted to LECOM! I am a first year ISP right now, and am in need of a female roommate for next year! I live in a two bedroom, one and a half bath townhouse, with a basement (that is mostly for storage.) The rent is $350/month, plus utilities, I don't have cable now and am planning to not have cable next year. I have a 8 month old cocker spaniel puppy, so you must love dogs! I am looking for someone who keeps the common area clean (your room can be as messy as you want), and who is just easy going, and a serious student. (No crazy partiers!) Please email me with questions!
Elizabeth
I'm from Gainesville!!!!
accepted
Has anyone had their folder updated with:
"your file will be re-reviewed by the admissions committee in 60 days"
??
Congrats . When did you interview? Were you on the alternate list to begin with?
Congrats . When did you interview? Were you on the alternate list to begin with?
I interviewed on Jan 18When did you interview?