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Give it a week or so, they will email you. It was pretty smooth. Anyone that is planning on doing it, let me know. A few of us are doing a book swap, so we can all save money on buying books for these classes.
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John Webb, MS, DC, CCEP, DAAIM, FAAPM SMU STUDENT MD 2010 MBA 2009 A bad day at school is still better than a good day at work. |
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What do you guys mean when you say you are doing it for F/A reasons, or are saving $600 a month? How are you saving if you are spending for the course tuition? I am deciding whether to do it right now and want to get all the facts straight. Can you get a Stafford loan without doing the MBA? Is the MBA accredited by whoever accredits MBA's? Thanks for any info.
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3rd Semester St. Matthews Student 3rd Semester MBA Public Health Admin Student St. Matthews Forum Moderator |
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You can NOT get the Stafford through SMU. You CAN through Davenport, since it is a fully accrediated US school. The entire MBA is around $18,000. I would have to pay $600 on my current loans, which now I don't, since I am doing the MBA. I will get a few thousand dollars over my tution to help with living expenses. That $600 a month would really eat into my money if I had to pay it.. So.. you are correct, overall, I will pay more in loans and interest. However.. right NOW, it is saving me $600 a month, plus I get extra money, PLUS I get a MBA. MBA aren't really great for healthcare (even though this MBA has a healthcare concentration), however.. the extra education might be the difference of me getting a residency over someone else. It shows you are motivated, educated and that you aren't willing to above and beyond the minimum required.
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John Webb, MS, DC, CCEP, DAAIM, FAAPM SMU STUDENT MD 2010 MBA 2009 A bad day at school is still better than a good day at work. |
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By the way, I'm also doing the MBA through Davenport...
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I agree.. however.. if it is between me and Joe Blow.. we have similar grades, similar board scores, etc... and I/you have a MBA, you might get interviewed or get the residency, since you have one notch up on them.
I think any extra education will put you up on the list, withstanding medical grades, board scores are close to equal.
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John Webb, MS, DC, CCEP, DAAIM, FAAPM SMU STUDENT MD 2010 MBA 2009 A bad day at school is still better than a good day at work. |
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Good luck!
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Thanks for the responses. In my case, since I have no undergrad loans, I am not affected from that standpoint BUT, if I have my facts straight I can take out the full amount (~9000) from Stafford to pay for the MBA (~3000), and use the difference (around 6000) to put towards SMU. Since the government subsidizes this interest, it beats taking more out from health express. That's 6000 per semester I won't be losing about 7% interest on. Thats my logic, at least.
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