Getting loans for med school

Bigredmed
Tue, 14 Jul 2009 02:53:08 +0000

Keep in mind that medical students are entitled to much more federal money than any other professional/grad school population. The posted limits on Staffords does not apply to med students I believe the limit for med students is around $240k at the moment. Don’t quote me on that, but it’s significantly more than what other students get, and I remember thinking that even if I was paying OOS tuition I’d be okay.

And besides, you’ll always be able to get the loans to START. You won’t hit the caps until third or fourth year and at that point, it’s likely some private lender somewhere would recognize that you’re in a position that makes you likely a safer bet to repay down the line. You might get reamed on interest rate, but the money will be there for you to finish.