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Monday, May 20, 2024

How Do You Plan On Paying for Medical School?

Medicine

Congratulations! If you found this blog that means that you most likely are looking into Avalon University School of Medicine as an option for medical school!

Avalon University is a medical school based on the island of Curaçao, located in the Caribbean Sea. We offer a high caliber medical education to students from around the world. We have a diverse student body and our instructors are some of the very best! In accordance with ECFMG’s ruling that all Caribbean medical schools must be accredited by the year 2024, Avalon is accredited by BOTH ACCM and CAAM-HP.

ECFMG: Educational Commission for Foreign Medical GraduatesLink: https://www.ecfmg.org/accreditation/

ACCM: Accreditation Commission on Colleges of MedicineLink: https://accredmed.org/accredited-medical-schools-international-medical-school-accreditation/

CAAM-HP: Caribbean Accreditation Authority for Education in Medicine and Other Health ProfessionsLink: https://caam-hp.org/programs/

You are looking into medical school, so one of the questions you MUST be asking yourself is “HOW am I going to finance my medical education?!”

This is a great question!

Here is some information about financial including Canadian government aid, like StudentAid BC, OSAP, and Student Aid Alberta:

COUNSELING AND FINANCIAL PERKS

  • Personalized financial counseling.
  • Student Referral Program: Earn up to $1500, credit per referral.
INSTITUTIONAL (Avalon) SCHOLARSHIPS

  • Academic Scholarships are awarded based on cumulative GPA (4.0 scale) and USMLE Step 1 score (transfer students)
  • Hardship Scholarships
TUITION PAYMENT PLANS

  • Monthly payment plans available upon request.
  • Automatic monthly credit card contract – Available upon request to students with a monthly payment plan
OUTSIDE LOAN ASSISTANCE

WHO

LOAN DETAILS

United States Citizen

TFC (Tuition Financing) Loan

  • Private Lender
  • Co-singer Required
  • Loan covers tuition costs only
  • Canadian citizens and international students can be eligible ONLY with the U.S. Co-signer
GI Bill

  • Students must previously be registered under the GI Bill prior to attendance at Avalon.
Canadian Citizens

Canadian Government Student Aid

  • Ontario Student Assistance Program (OSAP)
  • StudentAid BC
  • Student Aid Alberta
Bank Loans for Canadian Students

  • Canadian Imperial Bank of Commerce (CIBC)
  • Scotiabank
Student Line of Credit

  • TD Canada Trust
Whether you (if a Canadian citizen) choose to use Canadian Government aid like StudentAid BC, OSAP, Student Aid Alberta, Avalon’s TFC Loan, or go on a payment plan, Avalon’s financial aid staff will be there to help you every step of the way.

Click here to see how government aid, like StudentAid BC, OSAP, or Student Aid Alberta, helps our students through medical school!

Original source can be found here.

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