<p>I've looked around and all I can see is 40000 per year undergrad and about 65000 for med school. I don't know about you, but even for a 7 yr program, it would end up costing 380000 dollars and I really don't think that I (or my parents) can fork up that much that quickly. How many scholorships or financial aid or loans can you get? Also, what are financial aid and student loans? I don't know fully. I'd appreciate it if someone could help me out.</p>
<p>I know a few people who got their undergraduates fully paid off, at Conley Scholars, SLU, etc. That drives 380000 right down to 220000. In any case, many people muster 20000+, and then add loans. I hear there are no merit based scholarships for med school, so just about everyone takes loans there. Do med schools offer financial aid?</p>
<p>i only know med students join the militrary service after medical school and your debt is paid off. Or try to score the top 1000 on MCAT. Some school offers full scholarship. I am pondering how my parents can afford to pay for the full program.</p>
<p>ive just heard of loans (for med school that is)</p>
<p>well in terms of money im really screwed
im going to BU SMED
and i dont qualify for FA and i didnt get any scholarships
but the thing is a lot of other programs will offer you money like for example, i had a full ride at USC and i know there are plenty of ppl doing the bac/MD thing that have that scholarship</p>
<p>How big of a loan can you take out?</p>
<p>park5378, you got a full ride to the 8 year program at USC or just the undergraduate?</p>
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I hear there are no merit based scholarships for med school
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<p>No, I've seen people who score 40+ on the mcats and get into harvard and umich. Except they get a full ride into umich and thats where they go :).</p>
<p>Great thread. I had a decision between Rutgers BA/MD and HPME and it all came down to money. For medical school, you mostly have to take out loans. At rutgers, I get a full ride with a 12,000/year stipend (Which is quite sweet); however, that is only for the undergrad part. Medical schoool comes out of your pocket.</p>
<p>Oh yeah, did I mention that it doesn't really matter what medical school you go to as long as you graduate with an MD and American citizenship...then just do well on your board exams and see if you can make it to a good residency. Unless you're going to a top 10 school, it's not financially worth it to put in 65,000/year. At the moment, you will think of all the hype and brand loyality, but after residency we can talk.</p>
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however, that is only for the undergrad part. Medical schoool comes out of your pocket.
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<p>Good think UMDNJ will only cost us like 25000/year. Actually, that is a very good thing.</p>
<p>Think Rice Baylor. Rice gives merit scholarships to most people in the program, and is cheaper than places like Northwestern and Brown to begin with. Baylor is the cheapest private medical school in the country (if you become a TX resident - currently, not that hard), and is in the top 10.</p>
<p>I go to Miami's HPME, and I've found that most (or all) of the students in the program have either 3/4 or full scholarships for the undergrad portion. Med school, is, well, Med School.</p>