http://medicalmastery.com Realize your lifelong dreams - starting RIGHT NOW! Tue, 02 Feb 2010 20:16:19 +0000 http://wordpress.org/?v=2.9.1 en hourly 1 The Pre-Med Podcast from Doctor Dan is a unique resource for premedical students. Learn what it's REALLY like to go through medical school and beyond, always tempered with real life, practical applications for Pre-Meds today - even if you're just starting out! Dr. Daniel Williams takes the listener through the entire medical education process, from his book Diary of a Pre-Med Student: Guiding Pre-Med Student Through An Amazing Process. You can get this E-book for FREE, as well as the Speed Reading For Medical School course by registering at www.Medical-Mastermind-Community.com. Who can complain when they get exactly what they want? This is a listener-driven lecture series on how to get into and survive medical school. Consider Doctor Dan your own personal online academic adviser. From choosing medicine as a career, to the details of getting strong letters of recommendation, you will find everything you want! Take a listen... Daniel Williams, M.D. clean Daniel Williams, M.D. drdanielwilliams@gmail.com drdanielwilliams@gmail.com (Daniel Williams, M.D.) 2010 Premedical Solutions, LLC Realize your lifelong dreams - starting NOW! medical school, medicine, premed, pre-med, mcat, usmle, be a doctor, become a doctor http://medicalmastery.com/photos/MM-Logo-300.jpg http://medicalmastery.com http://medicalmastery.com/http:/medicalmastery.com/50-listener-questions-and-special-requests-the-power-of-exploiting-your-competition/ http://medicalmastery.com/http:/medicalmastery.com/50-listener-questions-and-special-requests-the-power-of-exploiting-your-competition/#comments Wed, 08 Oct 2008 20:03:19 +0000 Doctor Dan http://medicalmastery.com/50-listener-questions-and-special-requests-the-power-of-exploiting-your-competition http://medicalmastery.com/http:/medicalmastery.com/50-listener-questions-and-special-requests-the-power-of-exploiting-your-competition/feed/ 0 career in medicine,coaching course,financial assistance,letter of recommendation,medical education,medical student,medical training,physician education,physician training,PreMed,premedical Episode 7: 50 Listener Questions and Special Requests: The Power Of Exploiting Your Competition! - ==================================================== - In this episode: - ANNOUNCEMENTS PODCAST UPDATE Pre-Med E-book now a 17-week FREE course $0. Episode 7: 50 Listener Questions and Special Requests: The Power Of Exploiting Your Competition! ==================================================== In this episode: ANNOUNCEMENTS PODCAST UPDATE Pre-Med E-book now a 17-week FREE course $0... Daniel Williams, M.D. clean 1:08:59 http://medicalmastery.com/http:/medicalmastery.com/financial-assistance-for-medical-school-an-oxymoron/ http://medicalmastery.com/http:/medicalmastery.com/financial-assistance-for-medical-school-an-oxymoron/#comments Mon, 16 Jun 2008 01:28:55 +0000 Doctor Dan http://medicalmastery.com/financial-assistance-for-medical-school-an-oxymoron http://medicalmastery.com/http:/medicalmastery.com/financial-assistance-for-medical-school-an-oxymoron/feed/ 2 career in medicine,coaching course,dave ramsey,financial aid,financial assistance,health professions scholarship program,hpsp,medical education,medical loan repayment,medical scholarships,medical school debt,medical student Episode 6: Medical school scholarships, tuition-for-hire, and military exchange programs. Get real quotes and understand the financial burdens of getting a medical education in the United States. - ==================================================== ... Episode 6: Medical school scholarships, tuition-for-hire, and military exchange programs. Get real quotes and understand the financial burdens of getting a medical education in the United States. ==================================================== In this episode, ANNOUNCEMENTS AVERAGE DEBTS AND INTEREST SCENARIOS THE RULE OF THUMB FOR MED SCHOOL MONEY MINORITY SCHOLARSHIPS UNDERSERVED AREA & SPECIALTY SCHOLARSHIPS PAYING DOWN YOUR DEBT EARLY BENEFITS FOR JOINING THE MILITARY BENEFITS FOR PRIOR MILITARY QUICK REFERENCES: Vanderbilt, AAMC, NSLDS, Dave Ramsey ==================================================== Announcements: * I have been getting requests to provide critical appraisals and feedback  on personal statements by multiple people outside of the CD of the Month  Club. While had originally not planned to do this, some of them are making  attractive offers - paying even more than would cost them through the $17 CD  Club. Therefore, I'm temporarily agreeing to do this on an individual basis.  The reason for the discretion is the volume of questions I receive and sheer  number of listeners that only a few months of podcasting has brought. The  demand on a resident's time makes it impossible to help everyone. I hope you  understand. Financial Assistance For Medical School: An Oxymoron?     Nothing in life is free. Most people want to know if there is a scholarship available for medical school. Let’s discuss an overriding principle first, before we get into the details of money-saving strategies.   Society doesn’t feel sorry enough for the medical student’s plight to pay for their education. A lot of people perceive physicians as making a lot of money so they feel like medical students will eventually be able to pay their loan debts. The loan companies make a fortune off of us and love to give us as many loans as possible, though it’s not always enough. Remember this rule of thumb as you read further about tuition help that does exist.   At the time of this writing, the average cost of medical school at state-supported institutions is $12,000 - $20,000 per year and $35,000 - $42,000 for private schools. You can do the math and see that after you calculate living expenses the average debt at the end of 4 years of medical school is $120,000 - $200,000. If you’re carrying over undergraduate debt, it’s possible to max out at $250,000. Unfortunately, that’s not all. Compounding interest during residency, while you can only afford the minimum payments or the loan is on deferment, can add more than $50,000.   Have I gotten your attention?   There are a number of ways to mitigate this debt. Let’s take some of the most common ways and discuss them each in turn. The most common way to get financial help      Minority Scholarships. Very few of these exist but I  found a few when I was searching diligently online as a PreMed.   Underserved Area Contracts. Some states offer tuition  payments for an agreement that you’ll work as a physician in their  underserved areas for some length of time. Commonly, they’ll pay you  competitively while you work there and trade one year of tuition for one  year of service. Sometimes there are specialty-specific offers, such as  Texas’ Family Practice program that is heavily promoted. This, then,  specifies the specialty and location you have to work in to pay back the  “debt”. Watch for the fine print. You may have to pay back the money if you  don’t fulfill the contract. This is also true of military monies, but are  easier to back out of.   International bank of dad. You’re fortunate if you can  have family help. If so, use it. The key is to get your debt down early  after your education or you’ll wind up paying 200-300% more than you  borrowed!     Benefits for joining the military:     *   Health Professions Scholarship Program (HPSP): Daniel Williams, M.D. clean 46:34