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What You Should Know: Applying and Paying for Medical School

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It’s no secret: It’s expensive to attend medical school. However, the AAMC firmly believes that cost shouldn’t deter you from achieving your goals and aspirations.

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The financial path to medical school can be made a little less daunting by knowing what the expenses are, anticipating and preparing for them, and listening to advice from both students who have gone before you and prehealth advisors who have guided former students through the process. Below are some tips and resources to help you prepare for the financial aspects of medical school:

While paying for medical school may seem like an unmanageable hurdle, being able to anticipate the expenses and creating a plan can help you gain control of the process.


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MedLoans® Organizer and Calculator (MLOC)

The MedLoans® Organizer and Calculator was developed to assist medical students and residents with managing their education debt.

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Public Service Loan Forgiveness (PSLF) Infographic
Public Service Loan Forgiveness (PSLF) Infographic

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AAMC Financial Wellness

Access free financial calculators, articles, and videos to help you create a budget, track your spending, create financial goals, and enhance your financial knowledge about credit, financial planning, money management, and more!

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Education Debt Manager (EDM) for Matriculating and

This comprehensive financial guide helps professionals at all levels of the medical education continuum navigate the complexities of financing medical school by borrowing wisely and repaying student loan debt responsibly.