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  1. #1
    bobmedicalstudent is offline Junior Member 510 points
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    Residency and Relocation Loans

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    Hi,

    I was wondering if anyone, current or former student has any information on obtaining a residency and relocation loan. UMHS is not on the approved list medical schools of any lender since they are not DOE approved....Discover, Sallie Mae, PNC, Wells Fargo. Has anyone obtained this loan as soon as they matched into a program or are there other ways to obtain this or a similar loan? I have not yet met with my bank in person...I was going to wait till I matched and had actual program information, but wanted information sooner than later about this. I tried UMHS financial aid for help, but got nowhere. Any info is appreciated. Thanks

  2. #2
    bobmedicalstudent is offline Junior Member 510 points
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    Got good news. PNC bank will allow you to have the loan if you match in a residency program through an affiliated medical school or university. So its a no go if you match through an independent healthcare system or hospital system.

  3. #3
    drzhivago is offline Junior Member 511 points
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    I would ask the hospital or healthcare network that the program is affiliated with about loans for residents.
    Also, ask the residents in that particular program. Might be helpful.

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