Financial Aid Resources

Watch videos and webinars to learn about paying for medical school, repaying student loans, and more.

Video and webinar topics include: paying for medical school, money management, cost of residency interviews, postponing loan repayment, selecting a student loan repayment plan, managing your loans during residency, and much more.

Watch more previously recorded FIRST Friday Webinars to learn about managing your loans during residency, repaying student loans, improving credit, and more.

With medical school behind you, you’re certainly due for congratulations. But that’s not all that’s due – loan payback time is just around the corner – either beginning now or when residency is over. Fortunately, when it’s time to repay, you have flexibility in structuring your repayment schedule by choosing the plan that works best for you.

Whether you’re thinking about how to pay for medical school, manage your finances during medical school, or determine your loan repayment options after medical school, with AAMC's FIRST (Financial Information, Resources, Services, and Tools) program you’ll find unbiased, reliable guidance along your pathway to medical school and beyond. 

Learn about financial aid options for financing medical school and making it affordable.

These resources can help you manage your student loan debt and determine which loan repayment option is best for you during residency. Find additional FIRST resources, including videos, fact sheets, and articles on the Financial Aid page.

Read these short articles about common financial aid topics important to pre-med students, current students, and residents. For a printer-friendly version of a fact sheet, please contact FIRST.

The MedLoans® Organizer and Calculator was developed to assist medical students and residents with managing their education debt. The MLOC provides a secure location to organize and track student loans while also displaying possible repayment plans and costs based on the borrower’s student loan debt.  

Attending medical school is expensive and most medical students will need to borrow federal student loans to cover their medical school’s cost of attendance. Below is a list of 10 questions to help you get a conversation started with the financial aid office professionals at the medical schools you are considering attending.

Determine questions to ask yourself, review strategies and actions you may want to implement, obtain information to manage your student loans, and understand where to turn for additional support and resources after the Match.

The FIRST (Financial Information, Resources, Services, and Tools) 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.

Some college graduates consider a postbaccalaureate premedical program or coursework to be a stronger, more qualified medical school applicant. When researching these programs, make sure to consider any financial implications that may impact your present and future situation.

Congratulations! You graduated! Now what should you do with your student loans before you start medical school? Depending on your plans for applying to medical school and the type of loans you have, you have options that will fit your needs before, during, and after medical school.

While you are looking forward to this next step in your medical career, you may also be experiencing mixed feelings of excitement as well as trepidation about the decisions that you must make in a short period of time. The following suggestions are provided to help you address important issues and to help you transition from medical school to residency.

Some students and residents may decide to get married during their education or training periods, and though it is no secret that marriage is a life-changing experience, it is especially important for medical students and residents to understand the ramifications it will have on their finances.