Resources for Graduating MD Students

Congratulations on your upcoming graduation from the MD program! Below you will find some important resources as you approach your graduation date. 

Primary Resources:


1. Federal Loan Exit Counseling


Mandatory for all graduating students with student loans. You must complete this prior to graduation, and also prior to a 1-on-1 session, if you schedule one with us. This counseling will provide details on your individual loan balances and options for repayment, including monthly payments. 

Complete the Federal Loan Exit Counseling Here


2. AAMC Loan Repayment Exit Counseling Presentation


April 28, 2023, 3:00PM EST

Repayment Strategies for Graduating Medical School Students

Prepared for the Graduating Class of 2023, this LIVE webinar hosted by AAMC repayment experts, will help you get answers to your student loan questions. We will discuss how to choose the best repayment plan, when postponing payments is a better option, and whether refinancing or consolidating is right for you. Also reviewed will be information on Public Service Loan Forgiveness (PSLF), tax deductions, an in-depth look at the possible payment plans and more. Register now for access, to the session and join to ask your questions LIVE.

View Recording Here


3. Financial Planning Session – Presented by Dr. Soritios Keros, Doctored Money


April 11 & 13, 2023, 6:00 pm EST

Open to all graduating students, this 2-part presentation, presented by Doctored Money, is presented to you by the Office of Financial Aid. We have shared an invite to this event with all graduating MD students as well as to the Class of 2023 listerv. Topics covered include budgeting, financial and tax planning, and loan repayment advice.

Please see link below for presentation content:


4. Panel Discussion- Financial Wellness for Graduating MD Students - A View Into Financial Life After Medical School


March 21, 2023, 6:00 pm EST (live session is over but recording link is below)

This panel discussion will give current residents an opportunity to share their money management strategy challenges and successes in preparation for and during residency.  Each panelists’ experience is different with varied backgrounds. Nicholas Ramjattan, WCMC Financial Aid Manager, will guide the discussion and answer your pressing questions as we quickly approach your graduation.

Recorded session can be viewed here


5. 1-on-1 Counseling Session with Financial Aid Team



Open to all graduating students, we ask that you complete the online federal exit counseling and attend the AAMC Loan Repayment Session on April 28th prior to scheduling a 1-on-1. The purpose of the 1-on-1 meeting is to review any questions you have specific to your loan portfolio. We also ask that you obtain a list of all loans and servicers prior to scheduling a meeting with us. 

Book a meeting with a Financial Aid team member here


6. Upcoming AAMC Webinars


Sign up for any AAMC webinar here!


Preparing for Your Financial Life After Medical School

May 9, 2023, 2:00PM EST

Join Dr. Eric Shappell and the AAMC FIRST Team to hear advice on how to successfully navigate your financial life as you transition out of medical school – possibly with student loan debt – into a training position with limited income.  The advice shared and questions answered during this webinar will help you prepare for financial decisions that will impact your life moving forward. Discussions will include budgeting, insurance, saving and investing and cost of living. Register now and prepare your questions to ask the experts!


MedLoans® Organizer and Calculator (MLOC) Demo Session

June 8, 2023, 2:00pm EST

Two of the most important steps a borrower can take when deciding on a repayment plan are understanding their individual repayment options and calculating their total loan costs. During this webinar, the FIRST team will review repayment scenarios and discuss how to utilize the AAMC’s MedLoans Organizer and Calculator (MLOC) to determine which repayment plan will meet your specific financial needs and goals. Join this demonstration to see how the MLOC can help you decide on the best repayment plan for YOU.

Other Important Resources:

1. Next Steps for Graduating Medical Students (AAMC)

Review this guide for important items to consider as you approach graduation.

2. Education Debt Manager (AAMC)

AAMC publishes this annual guide with all of the details you need to consider loan repayment options.

3. Medloans Organizer and Calculator (AAMC)

This is a great tool provided by AAMC to manage your loan debt, and to project repayment options, using long-term salary expectations.

5. Choosing a Repayment Plan (AAMC)

This is a great resource to walk you through the steps to choosing a repayment plan. 

6. Residency Relocation Loans (AAMC)

See link for more details on these loans and how to evaluate whether you need one.

7. Selecting a Financial Planner (AAMC)

During medical school, it’s likely that your financial questions will revolve around student loans and money management. However, upon graduation, additional expertise may be needed to help manage the other areas of your financial life (investments, retirement, insurance, taxes, estate planning, and more).