- Joined
- Mar 23, 2013
- Messages
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Hello,
Incoming M1 here...
I have more than enough loan options from unsubsidized/Perkins loans to cover tuition and then some (15 grand I won't have to use for tuition books etc.
I have about 10,000 savings from working the past year.
My very generous father is going to pay for living expenses while I am in medical school.
How much extra loan should I take out on top of my planned expenditures for "emergency loan money" if at all since I have 10,000$ of "emergency cash" -although was hoping to save this for residency moving expenditures etc . I was thinking maybe 2,000 extra my first year and see how it goes. I really don't want to take out loan money I don't need since it will gather interest. Any advice? Other medical student perspectives on needed a little "give room" with loan money and how much was helpful vs. too much?
Thanks!
Sorry if this a repetitive thread, I couldn't find one very similar. If there is please send it my way!
Incoming M1 here...
I have more than enough loan options from unsubsidized/Perkins loans to cover tuition and then some (15 grand I won't have to use for tuition books etc.
I have about 10,000 savings from working the past year.
My very generous father is going to pay for living expenses while I am in medical school.
How much extra loan should I take out on top of my planned expenditures for "emergency loan money" if at all since I have 10,000$ of "emergency cash" -although was hoping to save this for residency moving expenditures etc . I was thinking maybe 2,000 extra my first year and see how it goes. I really don't want to take out loan money I don't need since it will gather interest. Any advice? Other medical student perspectives on needed a little "give room" with loan money and how much was helpful vs. too much?
Thanks!
Sorry if this a repetitive thread, I couldn't find one very similar. If there is please send it my way!