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7+ Year Member
- Jun 15, 2004
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FYI - THE is no longer accepting apps for Residency/Relocation loan as of Nov 19, 2008. Just thought I'd pass the info along.
Citibank is still accepting applications and loaning money.
I was approved for a loan, but the interest rate seems pretty steep. Anyone have personal experience with these loans?
When I called to get information on this loan I was told that it had to be certified by my school and I had to have all my residency information. Well how the heck are you supposed to have that if the money is needed for interviews and such, I won't know where I am going until I match. Am I missing something, what information do they really need and what do you send them.
All of my kids who applied for the $18,000 got an approval for $500 and had to call in. If that happens to you, call.
Just want to make sure I'm understanding this correctly: If I apply for $18,000 they'll probably only "approve" me for $500? But if I call in they will then approve me for [$18,000?] [or less?]
Has anyone looked at Wells Fargo's MedCAP-XTRA Loan?
Also, I think I might not be eligible for a relocation loan...they all say "The aggregate limit is $250,000 including all other educational debt for allopathic (M.D.) or osteopathic (D.O.) medicine and dentistry; or $180,000 including all other educational debt for all other disciplines." Is this including interest? Or the amount that I have borrowed, excluding any interest that has accrued?