elldeezz Posted October 26, 2017 Report Share Posted October 26, 2017 hey guys, very practical question here -- just wondering how one can realistically afford to attend a USMD program without financial aid from the school or some form of parental / sponsor contribution. Let's say I have a strong co-signer and secure one of the largest LOCs out there from a Canadian Bank at 275K CAD, so ~210K USD. If my estimated annual COA is at least ~70K USD (even that's conservative), that makes my 4-year COA 280K USD = 360K CAD (before interest).... So even with one of the largest LOC's available, that still leaves me close to 100K CAD short of the total COA pre-interest... where am I supposed to find that 100K haha? Am I missing something here? How do people pull this off? Link to comment Share on other sites More sharing options...
la marzocco Posted October 26, 2017 Report Share Posted October 26, 2017 1 hour ago, elldeezz said: hey guys, very practical question here -- just wondering how one can realistically afford to attend a USMD program without financial aid from the school or some form of parental / sponsor contribution. Let's say I have a strong co-signer and secure one of the largest LOCs out there from a Canadian Bank at 275K CAD, so ~210K USD. If my estimated annual COA is at least ~70K USD (even that's conservative), that makes my 4-year COA 280K USD = 360K CAD (before interest).... So even with one of the largest LOC's available, that still leaves me close to 100K CAD short of the total COA pre-interest... where am I supposed to find that 100K haha? Am I missing something here? How do people pull this off? Hey Elldeezz, There was a similar thread started not too long ago. Take a look here: There is a search function so you can get answers more quickly as there may have been people with similar questions in the past! Link to comment Share on other sites More sharing options...
JohnGrisham Posted October 27, 2017 Report Share Posted October 27, 2017 16 hours ago, elldeezz said: hey guys, very practical question here -- just wondering how one can realistically afford to attend a USMD program without financial aid from the school or some form of parental / sponsor contribution. Let's say I have a strong co-signer and secure one of the largest LOCs out there from a Canadian Bank at 275K CAD, so ~210K USD. If my estimated annual COA is at least ~70K USD (even that's conservative), that makes my 4-year COA 280K USD = 360K CAD (before interest).... So even with one of the largest LOC's available, that still leaves me close to 100K CAD short of the total COA pre-interest... where am I supposed to find that 100K haha? Am I missing something here? How do people pull this off? You answered your own question. You need personal savings or familial support. Link to comment Share on other sites More sharing options...
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