MD Program

AAMC/FIRST

FIRST For Students

The prospect of financing your medical education may seem daunting--but you have a lot of options. FIRST for Medical Education offers resources and information that can help you:

  • Create a plan to responsibly manage and repay your student loan debt
  • Understand the long-range impact of your financial decisions
  • Become a well-informed consumer
  • Practice healthy financial habits
  • Expand your financial literacy
  • Achieve a smooth transition from medical school to residency
 

The AAMC's FIRST for Medical Education program has recently launched a great tool to help you manage your student loans. It's called the Medloans® Organizer and Calculator. The Calculator is the only loan repayment calculator customized for medical school students.

This exciting new tool allows you to:

  • Organize your loans 24/7
  • Manage and save your loan information in one secure location
  • View and explore loan repayment options
  • Create your own unique scenarios in a "Scratch Pad"

The FIRST program offers a full range of Financial Information, Resources, Services, and Tools for applicants, medical school students, residents, advisors, and financial aid officers. Our mission is to help medical school borrowers expand their financial literacy, make smart decisions about student loans, and manage their student debt wisely.

Before Medical School

  • You Can Afford Medical School
  • Applying to Medical School: What it Costs
  • What is an Award Letter?
  • Medical School Costs for the Non-Traditional Students
  • The Financial Aid Application Process
  • Federal vs. Private Educational Loans
  • Direct Stafford Loans 101
  • Direct PLUS Loans
  • Post Baccalaureate Premedical Programs

During Medical School

  • Transitioning to Medical School
  • Unforeseen Emergencies and Financial Needs: What to Do?
  • Choosing a Specialty: A Critical Career Decision
  • Taking a Break from Your Medical Education
  • Applying for a Medical Residency: What it Costs

Leaving Medical School

  • Debt Management Relies On Good Record Keeping
  • Easing into Residency: Transition Tips