Transitioning to Medical School: Financial Tips

The FIRST program can help you make a smooth, successful, and informed transition to medical school. This is probably one of the biggest financial and personal investments of your life. Utilize the resources available to make wise and knowledgeable decisions about your future.

Want To Get Better At Managing Your Money? SALT Can Help!

Enhance your financial literacy skills and knowledge by learning more about practical financial topics like budgeting, money management, credit, debt management, scholarships/grants, loan repayment/forgiveness, and more!
couple working on finances

Budgeting Worksheet for Students

Utilize this budgeting worksheet to help with money management throughout medical school.

Eight Tips on Money Management for Entering Medical Students

Understanding how to manage your money is critical for financial success. Follow these eight basic tips to start your medical career off right.

Money Management for Matriculating Medical School Students

This video explains a common sense approach to borrowing wisely during medical school. It also includes information about student loan repayment options and strategies and tips for managing financial obligations during medical school.
woman with a cart at grocery store

Budgeting Basics: Managing Your Money During the Lean Years

Money will probably be tight during medical school and residency. That’s why a realistic spending plan (budget) – one you can stick to – will be critical to your financial well-being during this time.
Family moving their son into dormitory on college campus

Roommates and Money

Many people need a roommate to make ends meet. After all, what could be better than having someone pay half of your bills?
young couple stress about financial problems

Unforeseen Emergencies and Financial Needs - What to Do

Occasionally unforeseen emergencies occur that can affect your finances, and your eligibility for financial aid. Financial aid administrators have the authority to make adjustments to your financial aid eligibility, under certain circumstances.

2017 Education Debt Manager (EDM) for Matriculating Medical School Students

Use the Education Debt Manager (EDM) to learn about common-sense strategies for receiving financial aid, managing money, understanding loan debt, and exploring future loan repayment options as a new medical school student.

The Cost of Applying for a Medical Residency

While the costs associated with securing a residency may be a relatively minor part of your medical education expenses, they can add up quickly. Since these fees may not be covered by student loans, it is important to try and keep these costs under control.

Search More Financial Aid Resources

If you need to figure out how to balance your budget and stay on top of your student loans, the AAMC's FIRST program has unbiased, reliable information to help you.