Episode 27: Financial Aid & Paying For Medical School

In recognition of National Financial Aid Awareness month, I’ve asked two of my friends in financial aid to come on the show to discuss financial aid-related topics primarily discussing how you pay for medical school.  We also discuss topics such as needs-based aid, loans, scholarships, and the importance of financial literacy and budgeting. We also spend a bit of time breaking down what the term “Cost of Attendance” means and why it is an important component of this process. 

Contact information for Christine McDonough, Director of Student Financial Services at the Ohio State University College of Medicine: [email protected]

Contact information for Michael Sabara, Director of Financial Services at the University of Pennsylvania Perelman School of Medicine:  [email protected]

Show Notes

Paying for Medical School 

Medical Student Education: Debt, Costs, and Loan Repayment Fact Card 2019

AAMC’s FIRST 

FIRST Financial Aid Facts Sheets

AAMC Education Debt Manager - Matriculating / Current Students

How to set up a budget

Budget Sheet

What is Financial Wellness?

Federal Direct Unsubsidized Loans

Direct Plus Loans for Graduate/Professional Students

Scholarship Sites:

Scholarships.com

Fastweb.com