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Physician loans, also sometimes called doctor loans, are specialized loans that can help cover tuition and loans for living expenses. A physician or doctor loan allows future high-income earners to access money to cover known expenses.
How do I pay for medical school?
6 ways to pay for medical school Look for scholarships and grants. Enroll in a service program. Find a free medical school. Apply for federal financial aid. Consider private student loans. Get a part-time job.
Do you get financial aid in med school?
Student Loans : Most medical students rely on federal and private student loans to cover tuition and living expenses. Savings : Some students save money before starting medical school, which can help cover living expenses during their studies. Scholarships and Grants Cost-Effective Living Family Support
How do most people pay for medical school?
The National Institute of General Medical Sciences (NIGMS) offers grants to medical students that are interested in pursuing careers in clinical and biomedical research. This program is offered at over 45 universities across the country and it has roughly 933 students in the program.
How do people pay off medical school?
Medical school graduates with federal loans can use a Direct Consolidation Loan to extend their repayment period for up to 30 years or enroll in an income-driven repayment for 20 or 25 years. Private student loans dont have any standard repayment period; you can select a term when you take out the loan.
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Attending medical school is expensive, and most medical students will need to borrow federal student loans to cover their medical schools cost of attendance.
Related links
Costs Financial Aid
There are many opportunities for financial aid at the University of Colorado School of Medicine. Please visit our website for current cost of attendance
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