Paying for med school…

Med school is expensive. And if you’re anything like me, you’re not really a “finances” kind of person. But that’s okay!

Today I visited my school’s financial aid office to get help paying for med school. So far, I had collected only $47,722.00, and I still needed another $12,775!

But here’s the thing: I didn’t know this, but we actually get charged a “Loan Fee” for each loan we take out. This fee will be bigger for larger loans and smaller for smaller loans. So, we did some math and determined that I’d be charged an additional $1,050.00 in loan fees. Who would’ve thunk it?

Anyway, I was then instructed to borrow $14,000 from Grad Plus. I had to submit a request and complete a Master Promissory Note (MPN) for the Grad Plus Loan (screen shots below). This can all be done on a website called The money should be available for me to view and accept for tomorrow! (Talk about fast service!)

So, if you’re anything like me and get a little nervous when dealing with large sums of money, then visit or call your financial aid office. The people there are super helpful and will give you all the help you need. Don’t be afraid to ask questions!

With all the best,


P.S. I know that the idea of borrowing tens of thousands of dollars each year is scary. What if you don’t graduate? What if you can’t pay the money back? How will you ever escape your debt?

Just remember to stay positive. You can graduate. You have options. You aren’t trapped. Don’t let your doubts overpower you. Remember that “with God, all things are possible” (Matthew 19:26).

One of my mentors told me “not to worry about the money” and that “I will be able to pay it off.” I trust this guy a ton, because he’s a super successful, honest, and down-to-Earth physician with plenty of years of practice under his belt.

So, yeah… the interest rates are scary, I know. But you should never limit your education and success on the basis of dollar signs. Money comes and goes, but knowledge is power! (Of course, be thrifty with your spending, and don’t borrow more than you need. At the same time, don’t think you need to skip meals and live in your car in order to get by. Your well-being is worth more than money!).