I only just finished 3 rd semester so it's too early to think about my chance for med school. However, my current CGPA is 3.42 and my sGPA(excluding my engineering classes) is 3.39. Yes I completely bombed my Cell bio classes. The reason my sGPA is so low is that I skipped general chemistry, biology, and calculus classes. I plan to take general physics 2 and other relatively easier math classes to cure both my cGPA and sGPA. My cGPA is good for engineering but terrible for med school.
I have taken this selective scholar program in 1st and 2nd semesters(called Emerging Scholar Program), and have been in research with the chemical engineering professor that I have known since 2nd semester. I am also in honors college, which doesn't mean anything other than getting priority registration.
So far, I am a decent engineering student but very unimpressive pre-med student. I hope to alleviate my bad GPA ASAP and get lots of extracurricular activities to show I have a heart great enough to be a doctor in future.
Regarding private loans, my sister, who's a citizen and plan to graduate from Vandy next year, is planning to sign loan for me if I ever get in med schools.