Debt Management for Medical Students
Upcoming Lectures:
MS1 “Step into Financial Foundations: Managing your Expenses without an Income”
A lecture series aimed to provide students with information on budgeting, loans, recordkeeping, and credit
November: Financial Awareness Month
The mini sessions below are facilitated by Vidal Peoples Strategies for Wealth.
- AAMC Town Hall: Money Management and How to Borrow Wisely
- Health Professions Scholarship Program
- Financial Planning for Medical Students
- The Student, Resident & Doctor Debt Management Panel
Lecture 1: Interview on a Dime: How to interview responsibly and keep expenses low?
- Lectures will be recorded and available online for students via Panopto/Blackboard
MS3-MS4: October - Receive emails about Primary Care Loan and its benefits.
MS4: March-May
- Attend the AAMC Debt Management Seminar - Understanding Loan Forgiveness Options.
- Attend Parallel Paths-Wealth Protection and Wealth Creation.
- Schedule one-on-one meetings post-match. At this meeting, we will:
- Update your monthly budget sheets
- Answer any follow-up questions to the mandatory Federal Exit Counseling.
- Congratulate you!
Throughout your years you will receive emails regarding AAMC webinars, the SUNY SMART Track Program, Medical Corps Health Professions Scholarship Programs, Military Programs, National Health Service Corps Programs.
Understanding your Debt
- SUNY SMART TRACK
- AAMC Education Debt Manager for Graduating Medical Students
- AAMC 7 Ways to Reduce Medical School Debt
- The Effects of Credit and your Loan History
- Checking Your Credit
- Finding your Federal Loans — National Student Loan Database System
Budgeting
- AAMC Budget Worksheet for Students - fillable
- AAMC FIRST Financial Aid fact sheets
- 10 Tips for Managing Your Money During Medical School
- AAMC Living on a Resident Stipend of $55,700
- AAMC Budgeting Worksheet for Residents — fillable
- 10 Tips for Managing Your Money During Residency
Student Loan Links
Repaying your Student Loan
- AAMC's "You've Matched! Now What? Preparing Financially and Professionally for Residency" video
- AAMC Loan Repayment Timeline
- Understanding Federal Direct Loan Repayment Plans
- AAMC Compare Repayment Plan Options
- Loan Repayment Estimator