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Financial Literacy Resources

The Financial Aid Office provides a number of resources and useful links to information and services designed to assist you as you determine how to finance your medical education.

AAMC Tools

  • AAMC Financial Wellness Program
    With the AAMC Financial Wellness program, account holders will have free access to financial calculators, articles, and videos to create a budget, track spending, create financial goals, and enhance their financial knowledge about credit, financial planning, money management, and more.
  • MedLoans Organizer and Calculator (MLOC)
    The MedLoans® Organizer and Calculator (MLOC) was developed to assist medical students and residents with managing their education debt. The MLOC provides a secure location to organize and track student loans while also displaying possible repayment plans and costs based on the borrower’s student loan debt.
  • AAMC FIRST Videos and Webinars
    Video and webinar topics include: paying for medical school, money management, cost of residency interviews, postponing loan repayment, selecting a student loan repayment plan, managing your loans during residency, and much more.

2023-2024 Student Loan Repayment Modules

Department of Education

Internal Revenue Service Information

Tax legislation passed in the Taxpayer Relief Act of 1997 allows deductions from income tax returns for both students and their parents. To find out more about these changes, go to the IRS website or the Yale University Tax Office.

IRS Websites

Yale University Tax Office

Loan Repayment Programs

Credit Information

Financial Planning and Debt Management: