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Who can give me advice about financial planning, financial aid, and applying for financial aid?

Resources are available to help you plan for how you will pay for medical school. And by taking the initiative, you’ll end up with good information and good advice. 

In addition to Web sites such as AspiringDocs.org and individual medical school Web sites, you can look to your school’s health professions advisors (sometimes called premed or prehealth advisors) and financial aid advisors at the medical schools in which you have interest. These individuals are knowledgeable about programs and resources that students from underrepresented groups or disadvantaged backgrounds are likely to find useful.

State loan forgiveness or repayment programs are available to practicing physicians, residents, and (sometimes to) medical students to repay education loans in return for medical service in the state’s areas of need.

For More Information:

  • Financing Your Medical Education  - Free Resource!
    This financial resource page links you to helpful planning tools to guide you on your way to a career in medicine.

  • (MD)2: Monetary Decisions for Medical Doctors  - Free Resource!
    This comprehensive, Web-based program was developed by the AAMC to assist premedical and medical students in their financial planning. Divided into three sections – The Premedical School Years, The Medical School Years, and The Residency and Early Practice Years – (MD)2 provides information tailored to the specific needs of students during different phases of their education. It includes information about credit and consumer debt, types of financial aid, the application process, and relevant reference materials.

  • Medical School Admission Requirements (MSAR™)
    Published by the AAMC, this book is the most authoritative guide for applying to medical school. This accurate, thorough, and reliable resource is the only complete guide to U.S. and Canadian medical schools fully authorized by the schools themselves. In it you will find information on application procedures and deadlines, selection factors (including MCAT® scores and grade-point averages), medical school class profiles, education costs and financial aid packages, and much more. Chapter 9 focuses on financing a medical education.