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Funding GEM

  • 18-03-2019 10:32pm
    #1
    gawdd
    Registered Users, Registered Users 2 Posts: 17 ✭


    Hi! I am interested in going back and doing gem medicine. However the financial implications are a massive factor for me. I am wondering how did people manage their financing (loans available) and I suppose how much would you except to earn in your intern/sho years (including OT)

    any other tips appreciated ☺️


Comments

  • #2
    Donaldhastrul
    Registered Users, Registered Users 2 Posts: 12 ✭Donaldhastrul


    gawdd wrote: »
    Hi! I am interested in going back and doing gem medicine. However the financial implications are a massive factor for me. I am wondering how did people manage their financing (loans available) and I suppose how much would you except to earn in your intern/sho years (including OT)

    any other tips appreciated ☺️


    Financing is a mix of loan / personal savings. So if you're considering it try save as much as you can and then take a loan via the BOI scheme that Rcsi do or UCD depending where you're going.

    Regards to how much to earn during intern/sho years it depends, my brother earned around 55k after taxes including OT of course during intern year and then subsequently in the 55-80k during sho but that included 70 hour weeks sometimes more


  • #3
    RoamingDoc
    Registered Users, Registered Users 2 Posts: 174 ✭✭RoamingDoc


    Donaldhastrul wrote: »
    earned around 55k after taxes including OT of course during intern year and then subsequently in the 55-80k during sho but that included 70 hour weeks sometimes more

    Also just to note that a lot of the money you earn as a junior doctor is spent on courses and exams etc. to allow you to progress upwards along the career path.

    Repaying the medical degree is obviously important but there will be ongoing expenditure required beyond the degree itself (which is really only good for getting registered and finding an intern spot).


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