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Monday, November 2, 2009

Getting MERPed

For all those wanna be Ross students out there, this is for you. I wanted to let you know about our experience. Ross called back eight days after Johnny's interview and let us know that he was invited to attend the November-March MERP semester in Miami, Florida. We were very surprised that he got MERPed. Apparently they were a little nervous about direct acceptance because he retook a couple classes in college. We got the acceptance package a couple days later that had loan information, the schedule for the semester, a list of classes that you take, and a book list. You con't get a federal loan for MERP so you have to apply for a personal loan. They recommenda to do a MedCap loan with Wells Fargo or a loan from Sallie Mae. We went with the MedCap loan. It was pretty easy getting the loan. We just went to Wells Fargo and they put us in their system because we are currently banking with someone else. They then told us to call the loan people and they got us started. They ask for a co-signer, we went with Johnny's dad. They called us today and said we just needed to sign. They send all of the loan money directly to the school and they take the money you owe them and then the school sends you a check for the rest. This is why you have to accept your "award" before you apply for the loan. It makes it so the school can send you the money. I have to admit I didn't understand the whole award thing at first.
You are required to give a $700 deposit to reserve a spot for the semester. Once you send that they assign you a student ID number so you can log in to MyRoss. There you can search for housing and accept your loan awards.
The housing network they have is not the best, but it did the job. The biggest problem it has is that it doesn't show if a place has already been rented out. it was really annoying to call someone and then just have them say that it wasn't available anymore. It was probably annoying for the land lords as well. Other than that it is very easy to search on the website. They have plenty of places for single people. It was a little harder if you are looking for a family.
If you would like to know more about MERP here the address to their website. http://www.medicalreviewprogram.com/
I'll keep posting more info about life as a Ross student.

2 comments:

  1. Hi, i am currently considering the MedCap loan option for the Nov MERP program. i wold like to know how did u o about to appy for the loan becuase i tried online and it said that i couldn't apply for it because of the information i entered. how does the MERP program qualify as?

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