Quote:
Originally Posted by jackets5
UHMS in st. kitts is brand new and has citibank loans.
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there is no doubt that this loan crisis has definitely torn apart the loan stability of the Carib Med Schools. Just look where everybody is applying into. If you talk to Ross.... this falls class for 1-4 semesters is already full. In the past they've accepted students into the fall class less than a month before classes started. Now.... before the summer term even started, they were already full and not accepting any new applications for this falls class. So... having those stafford loans is worth more than the price of gold right now.... So now what are students options.... because all the rest of the schools are in the same predicament that SMU is in....
You're right.... UMHS in St. Kitts. is another option... They are the only Carib school to have a loan program with Citibank. And..... you don't need a co-signer.... But.... the school was built and founded by the Ross Founder... so Dr. Ross has a lot of connections that made that possible. SMU just doesn't have these connections.
There is no doubt that these are extremely tough/stressful times right now... I was extremely caught off guard last semester when I had to find a co-signer, which I thought was a shoe-in with my parents. Until I talked to them and found out that a loan that they were tied to with their business didn't allow them to take on any more financial liability for 2 years. last minute I found a co-signer that only agreed to co-sign for one semester.... I wasn't about to sit this semester just waiting.... for SMU to announce this new program through their parent company.... especially after seeing how this TAP played out. so I had to apply to another school during the break to transfer after this semester..... because the last thing I want to worry about before block exams here again.... is to find a co-signer, and try to figure out what in the heck I was going to do.
The best we can do, is always try to plan ahead, and hit the books hard to make sure your academics are in order. That way.... hopefully you are able to adapt to conflicts as they arise. This applies to everything... not just SMU.... for instance.... if you own stocks and the market becomes extremely volatile (just as it is now), you should diversify your portfolio so that you are able to adapt and not go under...