financial aid

My parents and I are trying to work out the details of getting a car before I go to medical school. Has anyone dealt with a situation where you (the prospective student) get an auto loan cosigned with your parents before you get your financial aid package lined up? I am just worried that...

Please let me know if the video disappears. Link added to Becoming a Student Doctor.

This cycle has been both exciting and disappointing for me. I am very lucky to have received acceptances from vet schools except for my IS school (waitlisted, but unlikely to get off). My other struggle is that I need to report my parents' salaries based on my age, but I will not be receiving...

Hello everyone, I would like to bring attention to the Chinese American Physicians Society scholarship. Each year, we award scholarships of $2000.00 to $5000.00 per selected student. This opportunity is available to all US medical students regardless of their hometown, gender, race or color...

I am applying for the FlexMed program at Mount Sinai and if accepted, I'd really want to go. But I've heard some troubling things about how since I got accepted early and won't be applying to other schools, Mt. Sinai wouldn't feel the need to offer me a good financial aid package. I know med...

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Hi, I'm an Egyptian student looking to study Medicine, I graduated from secondary school advanced stream from UAE 2021. I'm struggling with finding a university for the next intake or 2022 intake, I'm also open to study in UAE/ GULF/ TURKEY OR ANY OTHER COUNTRY. The main problem is that I can't...

What should I expect for a financial aid package? If all my expenses are covered by loans from FAFSA, is that a good package if I don't need to go to outside sources? I know getting grants and scholarships are the best options.

Hello! I have been offered acceptance to my top school and have just gotten my FA package. Although I am thrilled with the amount they gave me, I still feel that since my parents will not be contributing anything- I should be able to either qualify for more loans or aid. I am wondering, for...

Hi everyone and thank you so much for reading my post. I have never taken out loans before, and therefore, I am very confused. I got accepted into multiple MD schools (*blessed, not bragging), and I was wondering if each of them required a separate MPN for each type of loan. I submitted an MPN...

Hi, I submitted FAFSA in October with filler schools that I planned to modify as my cycle results solidify. Since then, I have resubmitted once after modifying my school list to include schools where I have gotten interviews, but it is not up to date in that regard. Currently, I am still waiting...

To start, I recognize my immense privilege. However, I'm wondering if I should bother filling out FASFA/school-specific fin aid forms now that I've received a couple of acceptances. One of my parents is a physician, so needless to say, my family is pretty well off (combined income...

I am far from an expert on financial-related things and could use some insight on this situation I'm in. From what I've gathered, it's best to submit the FAFSA as soon as possible to be considered for school-specific scholarships. Also, even if you're completely independent, you have to list...

Hi Everyone, I'm new to this site, but a little bit about myself. I'm a recent graduate who will be applying during the 2021 Cycle (Starting med-school 2022). My major question pertains to having a house in my name when filling out the FAFSA. After some research, it is my understanding that...

Paul Soros was often overshadowed by his younger brother, financial wizard George Soros, but he was a millionaire in his own right. In contrast to George Soros’s success in the financial industry, Paul Soros made his mark on the world by innovating in the shipping industry, filing patents...

Hello everyone, I hope you are all safe and well during this pandemic! Today's topic: financial aid In my search for OT schools I have been told by MANY schools that financial aid isn't really a thing in the OT world. Your options include loans and more loans. Now I know I am not alone in this...

Hello everyone! I’m an incoming OD class of 2024 and I’m so excited to start my education this year! That being said, I am well aware of the cost of said education. My federal aid only yielded loans and my school’s scholarship website only has specific scholarships that don’t apply to me. How...

A resident of NC and got accepted to both UNC SOM and ECU Brody SOM. Could use some help on deciding which to pick. I have listed my mental checklist of pros and cons for each: ECU: Positives 1) Financials: I got nominated for Brody Scholar so if I get it, I would get a tuition full ride there...

Hi there! I am starting dental school this summer which is super exciting but unfortunately I have about $10k left in debt. This was a result of two cycles, dental assisting classes, and traveling for interviews. I know it was an investment. I was hoping my current job would have paid all of it...

I apologize in advance if I sound ignorant, but is the financial aid package we will be receiving just LOAN money? There's no "free" money, essentially. Everything we receive in our financial aid package will need to be paid back? Also, which type of loan (Direct Unsubsidized Loans, Grad PLUS...

Interview with Dr. Michelle Schmude, Associate Dean of Admissions at Geisinger Commonwealth School of Medicine [Show Summary] Geisinger Commonwealth School of Medicine is focused on admitting students who are passionate about community service, as well as allowing as many students as possible...

According to the Cornell Chronicle, Cornell Medical’s new scholarship program will allow qualified students to complete their medical education debt-free. Thanks to donations totaling $160 million, Weill Cornell Medicine has been able to expand its financial aid program. What these aid packages...

Paul Soros was often overshadowed by his younger brother, financial wizard George Soros, but he was a millionaire in his own right. In contrast to George Soros’s success in the financial industry, Paul Soros made his mark on the world by innovating in the shipping industry, filing patents...

Do you aim to improve the world? Would you like to earn your graduate degree at Stanford — tuition free? Then you may be an ideal candidate for Stanford University’s Knight-Hennessy Scholars program, a program that will cover 100 Stanford graduate students’ tuition for up to three years plus...

I'm deciding between two schools and I'm struggling to determine how much money should matter vs fit. If money didn't matter, I would definitely choose Loyola over Penn State because I feel it is a better fit for me. However, there is a major financial difference between the two. I was offered...

Sorry for the somewhat long post, any advice is greatly appreciated! Here's my situation: My parents are divorced and my father remarried. My biological father and my stepmother are both very wealthy physicians. My biological mother is probably in the middle class. Not sure if this is relevant...

I am in the process of applying for financial aid. The medical school I will be attending requires that parental income be included if you are under the age of 32, which I am. However, I am married and am completely financially independent. I have not received any financial assistance from my...

More specifically, if I get into a fully funded clinical psych. program with a TA position or something similar to that, that pays a stipend of around 20K what would be some ways of earning more money (hopefully through the program/school) without having to get a part time job on the side and...

Hi! After you've completed the FAFSA and necessary school-designated financial aid forms, I'm wondering if med schools release their financial aid packages to students prior to them receiving your official transcript from your undergraduate institutions? Or do you they have to receive the...

Hey everyone, I have a quick question regarding admissions for fall 2019 entrance. Does anyone know if students who apply later in the cycle generally get less scholarships? I have recently decided I want to go the podiatry route rather than MD/DO, and I'm graduating this coming May. I'd like to...

Hello. I am growing very confused and feeling kind of hopeless about this. I just filled out Fafsa. I am aware that the maximum loan eligibility for the direct stafford federal loan is around 42k or 21k per semester. I made $0 in income in 2017 so I did not include a tax return. I included...

I obviously need to talk to a recruiter for details but looking for personal experience if others have joined a military reserves branch/national guard and paid for OT masters using GI Bill or other federal aid related to military service. I have my bachelors so ROTC is not an option. Would...

I have read through a lot of threads regarding financial aid, but I have not quite found the answer to my question. I recently got accepted into school for DPT at a private school in Indiana (my second choice :)), however, I am waitlisted at my number one choice (a public school/Mizzou) in the...

Given that financial aid will play a large role in my decisions to matriculate somewhere, how should I write a letter of intent (before hearing back)? As I'm wrapping up on my interview cycle, I have a pretty clear idea of which school is my top choice, but whether or not I matriculate there...

Good evening, I just got accepted into a pharmacy school and I can stop thinking about how to pay. Can you please say what your award was and how much your tuition was. This will help a lot of people like me thinking about how to pay. Thank you in advance.

Hey All, I am building a company called YourCoinz which will allow you to sell a percentage of your future income like company shares, known as coins to be kept on a blockchain. So similar to how a publicly traded company works, we project how much you are expected to earn, say over the next 5...

Unfortunately, if I repeat the entire D1 year I won't be eligible for the financial aid since the rest of the credits I've received will count as attempted. I informed the school through my appeal letter that my family falls under low-income criteria and that I won't be able to afford the...

I've been working behind the scenes for months to try to get this story published. Finally, it made the front page of the Wall Street Journal this morning. It details how an orthodontist from USC racked up over $1,000,000 in student debt. He earns $225,000 a year working for a corporate...

So, I'm in a weird predicament that I feel really ashamed to admit here (please go easy on me). I don't have the financial-aid know-how to figure this one out. BAD NEWS: Basically, I have tons of credit card debt. Some cards, some consolidated personal lines of credit, etc. I'm working on...

Hey everyone! I have been working for the past two years and have decided to either quit my job or take a 'leave of absence' for a year in order to finish up prerequisite courses before applying to medical school. I'm currently in a well paying job in consulting, and by the time I leave will...