To aid you in learning good budgeting, spending, and debt management habits, we would like to point you to the Financial Aid Tool Kit on the AAMC website (link below). The goal of the Financial Aid Toolkit is to provide you with a customized financial literacy and debt management program. You choose topics that are pertinent to your interest. You can customize your results and even choose the types of resources you prefer. With the advanced search options, you can choose as little or as much information as you want-whatever meets needs.
We encourage all students to take the time to review all of the modules, information sheets, and calculators available. Taking the necessary steps now to educate yourself will pay-off down the road.
Loan Debt Management
The Financial Aid Office realizes this is probably one of the biggest financial investments of your life. It's crucial to use your financial aid dollars wisely and to make knowledgeable decisions about your financial future. You need to be respectful of the money you'll be borrowing over the course of your education. You don't have to borrow the entire amount in your financial aid award letter; borrow only what you need.