Graduating Medical School Checklist

Getting Ready for Graduation

Use this checklist as you prepare to graduate from medical school.

  • Find your federal loan information.
  • Check your credit report.
  • Complete required federal “Exit Counseling” on the Federal Student Aid (FSA) website and any other school requirements for graduating students.
  • Evaluate postponement and repayment options.
  • Determine your loan repayment goals.
  • Create a loan repayment strategy based upon your financial goals.
  • Develop a residency budget based on your PGY-1 stipend.
  • Use the AAMC Financial Wellness program to learn about insurance, saving and investing, taxes, etc.
  • Determine if a Direct Consolidation Loan is right for you.
  • Explore loan forgiveness and loan repayment assistance programs.
  • Set up a meeting with financial aid to discuss any questions or concerns you may have about loan repayment.