<p>Curmudgeon - According to my doctor friends, while that is the formula, in practice that is not how it’s done at most med schools. Finaid goes through the formula, but once they have accepted you, they are invested - far more than at the undergrad level. So while a student may have lots of parental income, the finaid office is more than willing to accept petitions from students (which, in our experience, are short) to be considered independent and get as much finaid as possible.</p>
<p>Of course, this may not be the case and med schools that aren’t well-funded. But all my husband’s classmates, many of whom were under 24, got as much as they needed in loans and institutional money without having to take from parents or work.</p>