
Financial Tips for Class of 2021
Looking ahead to your final year of medical school, I wanted to give you some financial challenges to take into account now as it relates to your planning for fourth year. First, with Visiting Student Learning Opportunities (VSLO, previously known as VSAS), many of you are contemplating the cost of doing away or International electives. […]
Credit Basics and Understanding Credit
Credit has two definitions—borrowed money that allows you to purchase things, and the likelihood that you will pay back these loans and be approved to
September is Life Insurance Awareness Month
I just recently found out that the month of September is Life Insurance Awareness Month. Although, this is not something medical students are dying to
What is the difference between Fixed Rates or Variable Rates?
It’s good to have options, but what is the reality when it comes to student loans. The reality is that federal student loans interest rates
Assistance for Primary Health Care Providers to Repay Their Student Loans
The National Health Service Corps Loan Repayment Program has the goal to assist primary health care providers to repay their student loans. The program is
From A Financial Standpoint Is A Medical Education Worth the Investment?
A lot of attention recently has been given to college affordability and borrowing money to finance that education. AFFORDABILITY, it is also an ongoing debate
Are federal student loan interest rates too high?
Student Loan interest rates are back in the news again. President Obama touched on the interest rates in his State of the Union address in
Another armed-services option for medical students
In my prior post I explained how the Armed Forces Health Profession Scholarship Program works. This time I cover the National Health Service Corps (NHSC).
Armed forces scholarships for medical school
As I mentioned in my last post, there are a few exceptions that students can consider to reduce or eliminate borrowing altogether, including programs like
Merit-based scholarships scarce for medical school
The most difficult reality for many accepted medical students is the lack of scholarship opportunities that are substantial enough to eliminate borrowing. This time of
Holiday Spending, one perspective
Many of us are probably right now in full swing when it comes to holiday shopping. Our first and second year medical students are focused