Funding medical school

ENsMom
Tue, 07 Mar 2017 03:39:33 +0000

Bumping this thread, my D just received her loan package for her first year of med school. This is all new, and confusing, to us! She will be taking loans to cover pretty much all of her total COA. Can anyone tell me if the has to borrow the full amount of the DirectMed unsubsidized loan, or does it function more like a home equity line of credit? She would like to have the full amount there if she needs it, but doesn’t want to borrow more than she needs.
She will be taking the full GradPlus amount to cover the tuition.