Explain loan repayment?

<p>Before you diss Alabama too much, I’d seriously give it another look. I don’t think you HAVE to only go to their main campus if the campus/location/etc doesn’t appeal to you, but what they offer is truly outstanding. I’m sorry I didn’t know to look further when my son was applying.</p>

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<p>That would be amazing. </p>

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<p>Wow, I actually took Mich off my list because it seemed like they had no money for OOS students. It looks like Shipman is available to OOS students, so I will have to take another look. I agree with your assessment. I am adding Case Western and another more likely merit scholarship or two. Perhaps UNM (thanks WOWM!).</p>

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<p>I don’t doubt that Bama is a great school, but I don’t think it would be a good fit for me for a variety of reasons. If I end up there, I will make the best of it and have a good time. It just isn’t my first choice.</p>

<p>The Shipman used to be for full tuition, R&B (on campus only) for OOS students, I’m pretty sure they’ve cut down the tuition part but I don’t know how much. If you apply and get as far as the interview weekend, just don’t believe anything they tell you about special privileges for Shipman scholars (eg. access to full classes, choice of housing), it is strictly a money scholarship and other than a yearly luncheon doesn’t include the perks that some of the other big scholarships like the Robertson and Jefferson do.</p>

<p>"Even if undergrad is debt-free, I am still worried about having over 200k in debt from medical school, but it doesn’t look like there is another option "
-Did you ask your parents? Are you certain that they would not contribute? They might surpize you. And there are few free Med. Schools. Case actually have 30 - 32 spots at Cleveland Clinic Lerner…, it is free, I believe that Mayo is free of used to be free. It is not for everybody. As an example, Cleveland Clinic program does not have lectures…But it is worthwhile to apply. Especially that when you apply to Case Med. School, all you need is to check the box if you want to be considered for Cleveland Clinic and you can schedule interviews close enough to have them on the same trip (if invited to both). Something to consider. And there are few Merit Scholarships at Med. Schools. D. got one at OSU, but it was so low that it was not worthwhile to consider. However, there are full tuition or very considerable Merit awards. Not many of them though.</p>

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<p>Thanks entomom, I’ll be careful when investigating. </p>

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<p>Yeah, I have two younger siblings who will be in college while I would be in med school. On top of that, my family’s business got hit pretty hard by the recession so my parents really need to focus on rebuilding their retirement. </p>

<p>I’m aware of Mayo and Cleveland Clinic and will definitely apply to both. Merit aid would be awesome too. I just don’t think these are things I can count on.</p>

<p>"I just don’t think these are things I can count on. "
-Not much more you can do. Loans are the way for most, I believe that about 25% are getting subisdized by parents, not sure about that. I would definitely focus on getting free UG education at this point, and it is very reasonable to assume success in your case, just research and be choosy where to apply</p>

<p>There are a lot more full tuition scholarships for med school than people think. Just keep on doing what you’re doing right now and put yourself in the best position to land one.</p>

<p>Okay, thanks a lot everyone! It sounds like I am on the right track.</p>

<p>Holocene, apologies for the brief hijack.</p>

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<p>This is nice to hear, although I guess it’s too late for D1. One question, is there any way other than word of mouth to know which schools might come up with some scholarship dollars? I wasn’t able to locate this kind of information on websites, is there any way to know when constructing your list of schools to apply to, or do you just have to wait and see what schools offer?</p>

<p>I think you just apply widely and wait to hear the offer. IIR, some one on this board got some serious tuition awards at private schools, which brought the cost in line with the public school.</p>

<p>It would be interesting to hear the specifics of any awards people have seen</p>

<p>pretty much by word of mouth. I don’t think many schools will specifically put on their website about scholarships. when I made my list of schools to apply to, I made sure the majority of the schools on my list had merit scholarships.</p>

<p>Guess we don’t know the right people :(.</p>

<p>We heard/knew about merit from: UChicago, CU (OOS, the candidate has attributes which make them highly desirable, so I don’t think this is common), and I think either Penn or Columbia (I always get them mixed up, don’t know why :o). When asking about residency requirements, UDub said that they have some grant money for OOR candidates since they no longer give IS status after M1, I’ll believe it when I see it :).</p>

<p>Edit: just talked to D1, it was Columbia.</p>

<p>Please, please, please if there are any scholarships for med school let me know. One in med school is hideously expensive, but I’ll have two at the same time.</p>

<p>DDs state school has a page showing a few local businesses that offer them, students can apply.</p>

<p>Besides a quite sizable one from one of the schools Entomom listed, the unexpected one was from our State School. The only problem with it was the fine print. No problem with it saying renewable with academic satisfaction (or whatever the term they used was) but that they said very feebly at the end…“depending on funds being available.” It came across as a bait and switch type deal to me.</p>

<p>Mine kind of says that too. I don’t think its a bait and switch. It’s just to cover their behinds in case endowment drops due to poor economy.</p>

<p>I wasn’t worried about your schools endowment any more than I am worried about the school she chose, but I was about the State School.</p>

<p>Yeah, I know about the smaller ones at state schoosl. D1 got one of those this year. (It’s a one year only type, but I’m not complaining…I’m very grateful because every little bit helps.) She’ll be applying for a couple other scholarships next year because most the smaller sponsored scholarship seem to be for 3rd and 4th years. (But I think she’s planning on using any scholarship funds she gets to pay for an overseas rotation in EM so no real help for net costs there.)</p>

<p>Son saw money from Temple (20K?), Dartmouth (almost full tuition), UNC (full tuition +), Cornell( full tution +), his buddy at Penn (almost full tuition) received some after turning down JH which was much less and Chicago which was full tuition, another fellow undergrad alum at Duke has also received some. NC also offers a state-based scholie which is full tution + fees + supplies +$5000 per year ( from the state not the school). In exchange student must work in the state for 5 years. Son was awarded this in addition to med school scholie BUT turned it down because of the five year committment.</p>

<p>The school matched the offer to keep him without the terms, so he turned down the other schools and went with the lowest out of pocket for him. He had no debt from undergrad so he knew how that had freed him up to make life decisions without that hanging over his head. He has managed to keep the debt extremely low now so he is a happy camper. Without parental financial support it figured big time into his decision.</p>

<p>Kat</p>

<p>Really interesting, thanks for the info folks, hopefully it will help future applicants!</p>