Medical education is expensive.
During schooling, most students are required to live at a modest level. The federal and private agencies that make funds available for borrowing do so with the understanding that a student must sacrifice in order to achieve a medical degree. The needs analysis system set by the federal government ensures equity of treatment among all applicants. The College uses this needs analysis system to determine the amount of need based financial assistance, loan amounts, and scholarship awards for which a student is eligible. There is money available for a student s direct educational cost, and there is money available to support a student while he or she receives an education, but the student must be frugal and a good money manager to make it work comfortably.