So for undergrad colleges, their average tuition is around 30k but the offered loan is only 5-7k. But why do med schools or dental schools offer much bigger loans? (dental school average COST: 200k for the cheaper ones, dental school average LOAN: 250k)? can someone explain me? I don’t want to be a doctor, just a dentist. I hope i can get some decent loan cause my parents are absolutely broke right now I’m staying in my brother’s house and my gpa is 3.8-4.0 looking for a scholarship i have IB honors as well. My estimated sat score is 1300/1600. Thanks for the help.
Far fewer grants/scholarships. At undergrad, there’s a lot of “free money” to give to students. Not the case in medical school. You’re actually paying the full sticker price (albeit later in life) most of the time.
So if money is a concern, you need to find a school where you are competitive enough to receive merit aid and then hope (if necessary) for need based grants such that you’re not reliant on loans for undergrad. There is a handful of merit aid at the medical school level, but it’s so competitive to get in that very few kids are desired enough to shell out money for like a state flagship will do to steal a kid from an ivy league school.