Med School: Financial Support?

<p>Hi, sorry if this is a repeated question, but I'd really appreciate your feedback:</p>

<p>If I do not want parental support in paying for med school, what other sources are available to me besides loans, assuming I am not pursuing an MD/phD? In other words, do med schools offer need-based aid or scholarships to students/families unable to pay the full costs? </p>

<p>Also, would any personal properties (not parental), such as car/house affect the amount of financial support given significantly, if any given? </p>

<p>Thanks,</p>

<p>Because it is Graduate school, you're parents and their finances are not considered when you fill out the FAFSA.</p>

<p>There are some scholarships that schools may give out, but for the most part you take out loans. How much you take out is dependent a lot on the school as they have different ways of calculating how much you'll take out. Some schools will simply give you a set stipend a month (say $1500/mo like my school does), others will actually sit down with you and go over your projected expenses and tailor your loans to meet your needs. In such a case having a car or a house might affect what you get, but I don't believe they do for limiting how much money you are eligible.</p>

<p>Medical schools that offer their own financial support -- i.e. more than federal -- will require parental information, and if your parents are rich but you don't want to borrow from them, your only recourse is loans.</p>

<p>If you come from a poor family, then medical schools will generally offer you some aid, but you will rely heavily on loans in any case.</p>

<p>External scholarship support is plentiful but often dominated by $500 offers, etc. Fastweb can be useful in this role.</p>