<p>I have two options. Go to NEU honors and be in debt about 55k when i graduate and then go on to medical school or attend UMiami and be 110k in debt. Umiami is a better pre-med school then NEU and it has a medical school so i was wondering if its worth it.</p>
<p>Medical school is expensive. There is little funding for med students except loans. It is strongly recommended that you minimize undergrad debt as much as possible if you intend to go to medical school.</p>
<p>Two things to consider–</p>
<p>1) pre-meds can be successful med school applicants no matter where they go undergrad so long as they have the drive to succeed and are willing to do all the expected things necessary for a strong med school application</p>
<p>2) upwards of 70% of all freshmen pre-meds never actually end up applying to medical school</p>
<p>Both choices are bad. Both involve toooooo much debt for an undergrad.</p>
<p>What are your other options. </p>
<p>(Who is going to co-sign those loans??? )</p>
<p>Umiami is a better pre-med school then NEU</p>
<p>WHO says so? </p>
<p>Neither school is better. And there are cheaper options that are just as good.</p>
<p>What state are you in? Where else did you apply? What was your financial safety school?</p>
<p>I am from NY. I also got accepted to UVM, binghamton, and lehigh. Our parents EFC is 1942 so I will have to pay for most of my education.</p>
<p>Sent from my ADR6300 using CC App</p>
<p>“Our parents EFC is 1942 so I will have to pay for most of my education.”</p>
<p>All the more reason to choose the cheapest option that you can come up with.</p>
<p>What is wrong with Binghamton? Will you get PELL and Tap? Where will that leave you? That may still be high. Are there no SUNYs or CUNYs you could live at home.</p>
<p>
Hmmm. You have a 1942 EFC and have the latest Droid phone? Sounds like bad prioritization.</p>
<p>I have a part time job, I wanted a nice phone, I payed for it what’s your problem erins dad. And binghamton would only cost me about 5k a year so basically no undergrad debt after graduation. I’m still debating on UVM since it has a medical school and it reserves a large portion of it for their own students which would be a big plus compared to binghamton. UVM would cost me 30k a year </p>
<p>Sent from my ADR6300 using CC App</p>
<p>We’re all still trying to figure out how you’re going to qualify for these loans? YOU can’t qualify for them and your family is low income…so how are you going to get these loans?</p>
<p>@NY, there is a huge risk in taking on so much debt with the assumption that you will be a doctor some day. What are your stats? Have you taken AP Bio or AP Chem yet. The dropout rate in Organic Chemistry can be as high as 50%! Take the cheapest route, that’s what I did. Save the debt for medical school, which can be over $300,000!</p>
<p>Even if you were 100% certain that you will emerge from college with the GPA and MCAT to get into a great med school, undergrad debt is not a good idea. You’ll have big debt for med school. Newish doctors don’t earn a lot.</p>
<p>Have you sat down with your family and done the numbers? Do you know the maximum debts allowed for med students? You do know that some medical schools will not accept you if you cannot pay and are not eligible for loan, don’t you? </p>
<p>Also bear in mind that most college kids do change their minds several times about their majors, and pre-meds switch out more than most. If you find another area you really enjoy studying, it is entirely possible that you’ll want to switch. </p>
<p>Binghamton is a fine school. I would choose that in an instant if I were you.</p>
<p>Even of UVM reserves slots in its med school for UVM students–your NY residency will work against you. In order to get preferential treatment in admission to UVM SOM, you must be a Vermont resident. Which you aren’t.</p>
<p>[Vermont</a> Residency Information : How to Apply : Medical Student Admissions Home : University of Vermont](<a href=“Larner College of Medicine at The University of Vermont”>Larner College of Medicine at The University of Vermont)</p>
<p>*You do know that some medical schools will not accept you if you cannot pay and are not eligible for loan, don’t you? *</p>
<p>Good point~!</p>
<p>Even if UVM reserves slots in its med school for UVM students–your NY residency will work against you. In order to get preferential treatment in admission to UVM SOM, you must be a Vermont resident. Which you aren’t.</p>
<p>A lot of students don’t understand this, but WOWMom is right.</p>
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<p>I had never heard this before … is this true of other schools such as UMass and UConn? We are MA residents but my son is leaning towards UConn (even though UMass has offered a better package, UMass doesn’t have Neuroscience so we quality for the New England tuition rate at UConn).</p>
<p>I don’t know if UVM SOM does actually reserve slots for UVM graduates—the OP stated that was his reason for wanting to go to UVM. (I suspect it’s an mistaken impression on his part.)</p>
<p>But it is true that state residency plays a HUGE role in admission to any state funded medical school.</p>
<p>WOWmom is right. For most/many state med schools, instate residence is super important. That’s because each state is often contributing to the med school(s) to educate doctors FOR that state.</p>
<p>This may not be true for EVERY state, but it’s true for many. There are a couple of states that don’t have a med school, so they contribute to another state’s med school to give some priority for their state’s med students. </p>
<p>Also, I think that some privates (like Baylor) give preference to instate Texans because of some agreement (financial agreement??) with the state of Texas. </p>
<p>We are MA residents but my son is leaning towards UConn (even though UMass has offered a better package, UMass doesn’t have Neuroscience so we qualify for the New England tuition rate at UConn</p>
<p>It sounds like you’re talking about undergrad. Right? Are you wondering if your son goes to UConn for undergrad if he’ll have some priority to go to med school there as well? Your son can go to UConn for undergrad and then go to UMass for med school. </p>
<p>The guidelines for some of these small states might be different. However, in the case of the OP, he’s from NY…so no shortage of med schools in his own state.</p>
<p>Also, I don’t see why a school having a medical school is a plus. Most colleges don’t have medical schools and yet thousands of students come from them into medical schools every year. It’s not like you can take classes there yet and it’s not always true that students at that undergrad school get preferential treatment in the application process - I would imagine only a small amount of med schools actually do that, and then you’re pigeonholing yourself into that school. What if after 4 years you just want to get the heck out of Vermont?</p>
<p>Binghamton’s tuition is only $5,000 a year. I think it’s a great school and the SUNY schools are often the best choice for in-state students. But remember to count the entire COA when you are estimating your debt burden. Fees are an extra $2,000, so that brings your tuition + fees total to $7,000. Unless you can commute from home to Binghamton, you’re going to also need to pay for room and board. Their room and board is about $12,000 a year, and I would imagine that getting an apartment and buying your own food in the Binghamton area is going to be around the same amount.</p>
<p>So you’re looking at a total COA of around $19,000, or $74,000 over 4 years (assuming it doesn’t go up, which it will). Did Binghamton offer you any financial aid to pare down that total? If you do get the full Pell and the full TAP that knocks about $10K per year off the total which would bring your debt burden to about $36K per year which would be a lot better than any offer you have on the table.</p>
<p>Wow, is this true for all states? As far as I can tell, the SUNYs – state university of New York – have NO.NO.NO concept of putting residents first. Maybe someone else knows more.</p>
<p>kayf…I have no idea of what the NY public medical school policies are. There is data somewhere that lists how many OOS students each med school has. Although I don’t know if I can find that data tonight, I would NOT be surprised if NY public med schools have a high number of NY resident students. Maybe not 90%, but likely a good majority.</p>
<p>I think Curmy, WOW, BDM, and Kristin know where that chart is, so maybe they can find it. </p>
<p>I recall that there were some state med schools (in Louisiana and Mississippi, I think) that only had instate students…others had a small number of OOS students.</p>