Preparing for Residency

Though the costs associated with applying for a residency position will be a minor portion of the total cost of your medical education, they can still add up. Because application fees are not always covered by student loans, it is important to develop a plan early on for how you will manage these expenses.

The biggest cost of the residency process will likely be the cost of interviewing. While these may be a minor part of the total cost of a medical education, it is still important to develop a strategy for managing these costs — before they are incurred.

While you are looking forward to this next step in your medical career, you may also be experiencing mixed feelings of excitement and 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.

This can be a stressful time in your life and medical education career, so this information is shared to provide guidance on how to manage your student loan debt in the coming days and year ahead.