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How do you finance graduate school?

I want to go to medical school. #college #medicine #finance #graduate-school

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Wael’s Answer

You have to work hard on applying for scholarships. Also, you are going to need to apply for student loans.


Scholarships:
https://www.unigo.com/scholarships/by-major/medical-scholarships
https://www.scholarships.com/financial-aid/college-scholarships/scholarships-by-major/medical-scholarships/


Student loans:
https://studentloans.gov/myDirectLoan/index.action

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Ann’s Answer

My daughter is currently enrolled in an 8 year program where she will get her MD and PHD. These progams actually pay you to got to school. It's highly competitive to get into, and you have to have an interest in research too, but after 8 years in school, she will graduate with no loans.

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JD’s Answer

There is a variety off different sources for funding graduate and medical education, scholarships, grants, and loans. I funded my medical education through the uniform services Health Professions Scholarship Program (HPSP). Of course there are advantages and disadvantages to this resource for funding. Expenses covered are inclusive for education costs plus there is a monthly stipend for living expenses. It enhances your chances for residency a training program within a military institution, which generally pays better than civilian programs. Downside, you may have to defer residency training following medical school and go on active duty with the military depending on the needs of the service. Pay back for the HPSP usually entails a 1 for 1 year term of service. Your active duty income following training will be considerable less than your civilian counter parts. Check it out for yourself online at medicine and the military.

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Blake R.’s Answer

To be honest my family financed my education. That being said, there are tons of loans and grants available for the medical speciality.


Blake R. Nelson

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