ulrichj Posted February 18, 2013 Report Share Posted February 18, 2013 concerning American schools, how many Canadians do American schools take? Of course, people here won't know how many exactly, but is the success rate high enough that it is even worth applying to American medical schools? If so what schools are known for accepting Canadian students? Link to comment Share on other sites More sharing options...
medigeek Posted February 18, 2013 Report Share Posted February 18, 2013 concerning American schools, how many Canadians do American schools take? Of course, people here won't know how many exactly, but is the success rate high enough that it is even worth applying to American medical schools? If so what schools are known for accepting Canadian students? Depends... if you wanna live in the worst city in the US (detroit) then a 3.6 could get you into an MD program for sure for sure provided everything else is fairly solid. If you wanna get into harvard/yale/duke/stanford etc. then.... you'll need ~3.8 ish, a good story about your life and tons of luck. Link to comment Share on other sites More sharing options...
TaRoEl Posted February 18, 2013 Report Share Posted February 18, 2013 Depends... if you wanna live in the worst city in the US (detroit) then a 3.6 could get you into an MD program for sure for sure provided everything else is fairly solid. If you wanna get into harvard/yale/duke/stanford etc. then.... you'll need ~3.8 ish, a good story about your life and tons of luck. Stop dissing Detroit (I call see the GM building from my window), the Medical school is perfectly fine. And they love Canadians here is the link with stats. 5 UWO students go into it. I would go except I don't have the 240K for the four years of tuition. http://admissions.med.wayne.edu/class-profiles.php Link to comment Share on other sites More sharing options...
medigeek Posted February 18, 2013 Report Share Posted February 18, 2013 Stop dissing Detroit (I call see the GM building from my window), the Medical school is perfectly fine. And they love Canadians here is the link with stats. 5 UWO students go into it. I would go except I don't have the 240K for the four years of tuition. http://admissions.med.wayne.edu/class-profiles.php highest crime rate in the US and highest murder rate? hmm no thanks brah. You can get a bank loan I'm sure... Link to comment Share on other sites More sharing options...
ByrdPac Posted February 18, 2013 Report Share Posted February 18, 2013 This is an Okay option..If the parent doesn't own the house, the bank won't give collateral on it, Good Luck financing taroel. Windsor Campus from UWO is a good alternative to Wanye State. LOL Link to comment Share on other sites More sharing options...
TaRoEl Posted February 18, 2013 Report Share Posted February 18, 2013 This is an Okay option..If the parent doesn't own the house, the bank won't give collateral on it, Good Luck financing taroel. Windsor Campus from UWO is a good alternative to Wanye State. LOL Dont Troll Bird...I though we where buddies:p Link to comment Share on other sites More sharing options...
medigeek Posted February 18, 2013 Report Share Posted February 18, 2013 This is an Okay option..If the parent doesn't own the house, the bank won't give collateral on it, Good Luck financing taroel. Windsor Campus from UWO is a good alternative to Wanye State. LOL There are no banks which give loans without a collaterial agreement? Link to comment Share on other sites More sharing options...
future_doc Posted February 18, 2013 Report Share Posted February 18, 2013 There are no banks which give loans without a collaterial agreement. Link to comment Share on other sites More sharing options...
medigeek Posted February 18, 2013 Report Share Posted February 18, 2013 There are no banks which give loans without a collaterial agreement. How come I see differently when doing a google search? These are specifically for student loans inside north american for medical schools (and I read there's a difference between the professional programs as well). Link to comment Share on other sites More sharing options...
future_doc Posted February 18, 2013 Report Share Posted February 18, 2013 For Canadian students? I just copied exactly what you wrote, removing the question mark. Link to comment Share on other sites More sharing options...
medigeek Posted February 18, 2013 Report Share Posted February 18, 2013 For Canadian students? I just copied exactly what you wrote, removing the question mark. Yea seen how getting a 150k loan is possible without a cosigner at RBC and 200-225 at another bank if it's an american school and you have a credit rating or no credit rating. Link to comment Share on other sites More sharing options...
ulrichj Posted February 18, 2013 Author Report Share Posted February 18, 2013 Thanks for the advice Link to comment Share on other sites More sharing options...
future_doc Posted February 18, 2013 Report Share Posted February 18, 2013 Yea seen how getting a 150k loan is possible without a cosigner at RBC and 200-225 at another bank if it's an american school and you have a credit rating or no credit rating. Unless you show us, I think you are dreaming in technicolor believing it is possible for a Canadian student to obtain a loan to go to a US school,without a co signer and/or acceptable collateral. Link to comment Share on other sites More sharing options...
TaRoEl Posted February 18, 2013 Report Share Posted February 18, 2013 http://www.pennstatehershey.org/web/md/admissions/overview/timeline Here another school that takes Canadians...this one crazy girl got an interview there with an MCAT of 28 but she was really dumb so she didn't get in, so I think u might be good with 30++ and can speak of activities that dont involving painting your nails, drinking tea with your friends, maybe ones related to the medical profession...lolz PM after April 10 and I can get you a comprenshive list Remember Canada MD>US MD>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>.>>>>All other schools Link to comment Share on other sites More sharing options...
IamIDP Posted February 18, 2013 Report Share Posted February 18, 2013 But definitely not bad credit rating. If you're taking out 150K+ I'm pretty sure they make your parents put some stuff down, like their house. What if your house is worth over a $1million? Link to comment Share on other sites More sharing options...
medigeek Posted February 19, 2013 Report Share Posted February 19, 2013 Unless you show us, I think you are dreaming in technicolor believing it is possible for a Canadian student to obtain a loan to go to a US school,without a co signer and/or acceptable collateral. I'm saying getting 150k is possible since I read a couple people have got it. And a cosigner being required doesn't mean a collateral is neccessarily required? A relatively high income + good credit rating should be enough. The concept of a collateral has a ridiculous risk anyways. Brb risking you and your family's means of living. Link to comment Share on other sites More sharing options...
medigeek Posted February 19, 2013 Report Share Posted February 19, 2013 How can you have a high income + good credit as an undergrad student? You could take out 150 in loans if you make say 80K a year with some collateral like a car. As a student with no or very very low income and no collateral I'm pretty sure your parents will probably have to put the house down for you to get the loan. To other poster who's name I forget. If your house is worth over 1 mill your parents should A) Have the money to put you through med school Put the house down as collateral so that you can borrow the money you need C) Sell the house and downgrade to something smaller and give the extra cash to you so that you can go to meds. Obviously the banks are not going to loan you 150K with 0 risk for you. Everyone's taking a risk so you should be ready to put something down if you want to borrow 150K. I was saying if the parents make something like 120 a year, that's probably enough to cosign for a loan of that amount. Just curious who are these people who have gotten student lines of credit for <150k without a cosigner.. Link to comment Share on other sites More sharing options...
IamIDP Posted February 20, 2013 Report Share Posted February 20, 2013 How can you have a high income + good credit as an undergrad student? You could take out 150 in loans if you make say 80K a year with some collateral like a car. As a student with no or very very low income and no collateral I'm pretty sure your parents will probably have to put the house down for you to get the loan. To other poster who's name I forget. If your house is worth over 1 mill your parents should A) Have the money to put you through med school Put the house down as collateral so that you can borrow the money you need C) Sell the house and downgrade to something smaller and give the extra cash to you so that you can go to meds. Obviously the banks are not going to loan you 150K with 0 risk for you. Everyone's taking a risk so you should be ready to put something down if you want to borrow 150K. I guess. But no one is stupid enough to co-sign something worth $1million just to get $150k. I think a loan is a better approach. And i'm quite sure if your parents are making $120k/year, they can get a $200k loan assuming good credit. Link to comment Share on other sites More sharing options...
aaronjw Posted February 20, 2013 Report Share Posted February 20, 2013 I guess. But no one is stupid enough to co-sign something worth $1million just to get $150k. I think a loan is a better approach. And i'm quite sure if your parents are making $120k/year, they can get a $200k loan assuming good credit. Critical here, outside of good credit, is how leveraged they are to begin with which also includes potential leverage from credit cards with extensive limits. Link to comment Share on other sites More sharing options...
medigeek Posted February 20, 2013 Report Share Posted February 20, 2013 Yeah hypothetically I'd just ask my parents to put down their house to get the loan. Getting hit by high interest rates is pretty bad vs. defaulting on the house. But I would never do that because I would pay for meds myself through working and financial aid. Putting your parents house down is a ridiculous risk and any parent who does that is an idiot. This isn't like a life or death situation where you need the money and are willing to risk so much. Low income parents.. you'd be eligible for grants to help out, plus government funding and some smaller bank loans to make do. Higher income parents could cosign without a collateral agreement. That's the logical way to go. Link to comment Share on other sites More sharing options...
medigeek Posted February 20, 2013 Report Share Posted February 20, 2013 Well if your parents paid off their house already and it's worth more than the loan it'll be really easy to secure the full amount and at very low interest. Actually it is kind of a life and death situation if you can't find money else where for your education. I'm glad my parents love me <3333 and would sacrifice a lot more for me :o :o. Technically by the time you're applying to meds you should be living away from your parents for 4 years thus making you an independent person so you'll declare all your stuff instead of theirs when you take out a loan. But putting yourself with 150K of debt to the bank than owning it to your parents. Plus if they have spare 150K lying around, investing in your child's education is probably the best thing you can do with it (DO NOT INVEST INTO THE STOCK MARKET). Not if you went to a local school. And no it's very idiotic to put down a 400k house for a 200k loan... Link to comment Share on other sites More sharing options...
medigeek Posted February 20, 2013 Report Share Posted February 20, 2013 I only ever consider the US because I'm interested in the top 20 schools and it's an option should I be rejected in Ontario (I'm not down to do an extra year). I suppose if it came down to that, hopefully it would be a school that doesn't need all the money upfront in an american bank. And I could use a combination of parents/bank/osap. Link to comment Share on other sites More sharing options...
medigeek Posted February 20, 2013 Report Share Posted February 20, 2013 What kind of logic is that? You get into top 20 USA but fail all ON meds? You'd be surprised how many people get into top US MD but are rejected around here. All it takes is to miss a little cut off in your verbal and get a little bad luck to get rejected in Ontario. US MDs take a more overall approach to your stats/ECs. Of course I'd put in a few easier schools for safety. Link to comment Share on other sites More sharing options...
medigeek Posted February 20, 2013 Report Share Posted February 20, 2013 Yeah my backup is Harvard Meds as well as Yale meds but my top choice is NOSM. Obviously they will take me even if my VR is slightly below cutoffs for ON meds. Harvard has an average acceptance gpa of ~3.8 and yale is 3.76. UofT's average undergrad accepted gpa however is about 3.94. Ottawa 3.89. Keep in mind the OMSAS scale as well... Point being, a more overall approach is taken in the US. Link to comment Share on other sites More sharing options...
medigeek Posted February 20, 2013 Report Share Posted February 20, 2013 Do you think the overall approach is better than the Canadian system. Obviously one would have to slip through the cracks of the Canadian meds system if they got accepted into top USA meds but not any Canadian ones. I am 3.9+ but I don't think gpa is all that important past a certain point. Once you know someone's book smart enough then why care anymore about gpa? Schools like Harvard.. look to pick people who will become the best doctor (often in the leadership and research sense) while other top schools like john hopkins look to pick people who will be the best doctors in the clinical sense. How they do this, who really knows. But it beats using arbitrary gpa/mcat cut offs. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.