Skip to main content
3 answers
5
Asked 586 views

Helpful advice on money?

Any advice on how much money I would need saved so I can do med school full time with no jobs?

+25 Karma if successful
From: You
To: Friend
Subject: Career question for you

5

3 answers


0
Updated
Share a link to this answer
Share a link to this answer

Moadh’s Answer

Hi Marco, Med-school can be expensive, you'll need roughly $70,000 a year to cover tuition and expense in a US med-school and roughly $40,000 for a Caribbean med-school. However; most med-schools have loan programs that if you're accepted into their school they would give you loans to pay for medical-school and life expenses as well, and once you start working you pay them back.
Remember you'll need to get a Bachelor degree from a 4 year college first, before entering most Medical schools, thus if you're not done with college or high school yet, focus on completing your college courses first.
0
0
Updated
Share a link to this answer
Share a link to this answer

Bailey’s Answer

The best audio book that I listened to was “the total money make over” by Dave Ramsey. I would listen to it every time I would drive to work. It will help you plan on “cash flow” your education.
Good luck!
0
0
Updated
Share a link to this answer
Share a link to this answer

Kimberly’s Answer

Hi Marco! First- you will need an undergrad degree at any institution of your choice! My best advice would be to choose a college that will give you a good amount of financial aid. I chose a college that offered me enough financial aid to cover everything for me- I do not pay anything out of pocket and did not need to take out loans. I have a low impact job to have money to save up for law school. If you save money during your undergrad years, it will save you a lot of time and loans.

Second, like Moadh mentioned, Med-school is definitely expensive but worth it! There are many scholarships out there but you will need to put in the work! Med-schools do offer loans, but the less loans you take on the better!
0