2012-2013 Med school applicants and their parents

<p>Congrats to both omama and krug D’s.</p>

<p>Exhale. :)</p>

<p>Congratulations! Always to nice get those acceptances in hand.</p>

<p>I know you probably just want to vent. But I am ever the optimist, and I feel it my duty to suggest that she try not to allow her first impression of the place get the best of her and instead to give it another shot. You never know; maybe she just met a weird bunch of students and hit the administration on a bad day. Maybe she could email a few students to ask them their impression of the best and worst parts of the school? I think that would be a reasonable start :)</p>

<p>Good luck to her! Great that she’s had so many interviews and a few acceptances. I bet there will be more in her future!</p>

<p>Thanks, kristin. Great advice. I will have her schedule another visit when she’s home for winter break.</p>

<p>I also think that some schools get a lot more positive buzz than others and her friends are somewhat biased towards the more well known schools (more undergrad than med). I know many people that I talked to are very surprised that WUSTL Med School is “top tier” and generally thought of as “better”, or at least has higher stats for their incoming class than Dartmouth or Brown Med School. It doesn’t matter to me, but many automatically think that being ivy will make it top at everything.</p>

<p>krug,</p>

<p>Congrats to your D. The first one is always the sweetest.</p>

<p>Regarding WUSTL Med School being a top tier school, it is true. I heard it has one of the largest MD/PhD/MSTP programs. (It could be the largest.) Some med schools are just more involved in medical research than others. For the majority of med schools whose primary goal is to produce more front-line doctors, this is just not their priority.</p>

<p>A few years ago, I heard BCM closed down its top ranking residency program for producing primary care doctors especially for the rural area. This was because it just does not add to its bottom line, financially speaking. I heard that the Congress even had a hearing about it. (But without pouring tax payer’s precious money into such a “money losing business” by the Congress, I think this kind of hearing is just a guesture and would not affect anything.)</p>

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<p>When D went through the application process I remember a number of people (particularly one Ivy-obsessed Grand-mere) being a bit taken aback that Pitt had such a fine medical school. I can see that the same thing will happen when D applies for residency. There are schools that are off the radar to the uninitiated but actually have excellent residency programs.</p>

<p>congrats to the successful candidates!!!</p>

<p>What percentage of med students pay for it themselves (via loans, etc) versus parents picking up the tab? A med student I know recently expressed surprise at the large number of peers who were in school on their parents dime! This particular kid was lucky to have undergrad paid for by parents. Not true for med school.</p>

<p>Somehow I had the impression that the percentage is about 20%.</p>

<p>We paid for DS’s UG. But we are not financially capable of paying for his med school much (only a small fraction – so far, roughly the portion the financial aid department at his school defines as “parent’s contribution.” It was already quite a financial burden for us, as the FA office was not shy about asking the parents to contribute a significant amount of “parents’ contribution.” Somehow I think the school intends to cap the the debt level of the student at graduation to about 150k-180k or so.)</p>

<p>If we also paid for his med school, a significant portion of our retirement account would be wiped out.</p>

<p>small sample sz, but me and my friends (all of us at a state med school in the midwest) are paying most of it. seems like we get varying degrees of help from parents though; eg mine cover my rent (using the “leftovers” of the college savings acct they set up for me), cell phone, health insurance, and car insurance (which are all bundled with the rest of their stuff too)–i’ve got tuition, fees, books, supplies, tests (and those licensing exams ain’t cheap!), etc. from what i can tell, most of my friends have similar arrangements.</p>

<p>We pay a little more than the estimated family amount in cash, plus provide car, car insurance, phone. She spends all of it without any problem. At all.</p>

<p>I pay D1’s tuition (includes test fees and books). She pays her living expenses (rent, utilities, internet, food), cell phone, auto insurance, health insurance & car maintenance. It’s more or less an even split on costs. </p>

<p>Gotta love the low in-state tuition.</p>

<p>Texas admissions came out last week. I don’t see anyone talking about it?</p>

<p>texaspg, I think it is because there are not too many texas med school applicants here on CC. By and large, most applicants from other regions just do not apply to “Republic of Texas.” Period. Many SDNers would talk about it, a lot.</p>

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I think you are more generous than us. (But, hey, you did not pay for her UG at all, wise father/daughter!) So far, we have only paid for the family contribution amount, and cross our finger that we can keep up paying our share in the next few years.</p>

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<p>I am amazed that some of you know exactly who pays what. In our case, we really can not tell very well who pays what. DS brings some money to the table via his “future income”/loans, and we brings some money to the table from our assets and/or our current income. Then, this pool of money got spent.</p>

<p>Maybe it is because we (as parents) are not good at personal finance to begin with. This is troublesome.</p>

<p>When D1 was accepted to med school, we sat down with a neutral third party and drew up an agreement about who would pay what. We’ve abided by it–though occasionally I’ve been known to help out if D1 gets in a cash-flow jam. </p>

<p>I have already had the “how much” discussion with D2. She’ll get the equivalent of in-state med school tuition paid to whatever school she ends up attending. Financing the rest is on her. (And I put it in writing so there will less likelihood of misinterpretation.)</p>

<p>D’s school grant is about 45% of COA, and her loans will still be about $160,000. I help out with plane tickets, a bit of extra cash here and there, and her grandparents help out with cell phone, clothing, unlimited starbucks gift cards, plane tickets, and other misc. things. </p>

<p>She has promised my mom and I Botox in 3 1/2 years. :slight_smile: (she says jk, but I have the c section scar that says otherwise)</p>

<p>^Mom and her friends suggested I think seriously about going into plastics, LOL.</p>

<p>I want “American Boobs.” Mine have gone south of the border and I want them put back up to North America. Is that to much to ask? ;)</p>

<p>Can anyone comment on when the interviewing season is “generally” over? Do most schools finish handing out interview invitation at the end of Dec. or early Jan. and they go to their wait list? I know that a bunch of schools that D interviewed at promised to release decision at the end of Dec. and Jan. Some that are on rolling admission told her that they only release acceptances to their “top” picks and pool the rest with a rating or ranking number and start handing out the majority of acceptances in Feb/Mar.</p>

<p>Do you mean when they last interviews are over or when a student might expect to hear news? For interviews, it seems like they often go into February or March, for news, it varies by school. Check SDN to see what is happening with a certain school.</p>