Medical School Loans
Health
Education Assistance Loan (HEAL) for health profession students
enrolled in "HEAL eligible" programs. Medical school
could cost you an arm and a leg. The average total for first-year
tuition at private medical schools for non-residents is upwards
of $28,000; at public schools, it was upwards of $10,000 for
in-state residents. That doesn't include the cost of books,
equipment, housing, utilities, food, insurance, or transportation.
The expenses add up quickly. But it's not necessary to sacrifice
limbs for your education. The additional Unsubsidized Stafford
Loan amount is $20,000 for students in a nine-month academic
year program and up to $26,666 for a twelve-month academic
period. These additional limits are in addition to the normal
$18,500 combined annual limit for subsidized and unsubsidized
Stafford loans. The aggregate borrowing limit has also been
increased to $189,125 (with no more than $65,500 in subsidized
Stafford debt).
Eligibility: Exceptional financial need; commitment to primary
care.
Maximum Allocation: For first- and second-year students, the
maximum allocation is the cost of attendance (including tuition,
educational expenses, and reasonable living expenses). Third-
and fourth-year students may receive allocations beyond this
amount.
Repayment and Deferral Options: Ten years to repay, beginning
one year after graduation.
www.princetonreview.com/medical/finance/articles/loans/healthloan.asp
First loan program specifically designed for medical students.
We've become the most trusted and reliable source for financing
medical school.
The MEDLOANS Program offers:
* Federal Stafford Loan - both Subsidized and Unsubsidized,
* MEDLOANS Alternative Loan Program (ALP),
* MEDEX Loan - the loan for financing residency interview
travel and relocation to residency expenses.
www.aamc.org/students/medloans/start.htm
Information including federal and private student loans, and
forgiveness and consolidation information. " Foreign
Medical Schools, Loans. Availability of student loans for
meidical students and starting in 1998. Other medcal schoolloans,
such as Medloans. Many private student loans are available
to medical students given their earning potential, and equally
importantly, the fact that few students leave medica schoo
before getting their MD. Individual lenders, such as Citibank
and Sallie Mae, set the interest rates - but rates often track
within a couple of points of the prime rate, and depend on
the duration and terms of the loan.
www.studentdoc.com/medical-school-loans.html
Need
money for medical school? Summary information onilne about
medical school money using private student laons to fund meidical
schol programs onlin, up to the pay the full cost of medical
school. And the tuition bill is about due when you turn to
medcial school laon to fund the remaining portion. You can
borrow up to $30,000 annually; make no payments until after
you graduate. Special deferments for interships and residency.
Repayments begins after graduation. No Restriction not tied
to college or federal limits. No FAFSA no financial aid forms
required. Disbursement funds disbursed directly to you. No
Cost Apply no fees to apply or prepay.
www.medical-student-loans.com
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