Thursday, August 18, 2011
Loans: I am a us citizen, trying to move out, but need information on how I can pay for my med school ?
1st of all be wary of the guy offering you a loan via Yahoo! Answers. 2nd when you go to medical school you most likely will have to take out loans from the federal government. It is understood that you will not be able to work during this time, and most schools factor in a cost of living expense for their area when giving out their tuition/fees. So you would be basically living off loans for 4 years. It's not so bad because in the end the benefits are great, and government loans generally have a low interest rate. However, be very careful borrowing from private lenders, even legitimate ones because they can have high and variable interest rates. I'd contact some of the schools you're interested in, and ask them about financial aid for med students.
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