You said: You have concerns about the adequacy of debt management counseling.
We did: Our Financial Aid Office has organized workshops and one-on-one debt management sessions for students and also provides resources online. All first and fourth-year students with loans are required to have a one-on-one debt management session. Below is information about upcoming opportunities—and we welcome suggestions for how we can provide additional support!
Individual debt counseling sessions
Paul Garrard, a student loan consultant, has slots open in April for fourth-year students who have not yet had a one-on-one debt counseling session.
Sign up for a session here
While individual debt counseling sessions are required for all first and fourth-year students with loans, starting in January 2023, we also made them available for any second, third, or fifth-year student who would find them helpful. Additionally, the YSM Office of Financial Aid is always available for questions and counseling (just call or email for an appointment!), and we plan to offer appointments with an external student loan consultant for second, third, or fifth-year students again in the months ahead.
Capstone
John Caserta, a financial planner who presents across Yale, provided a Financial Literacy for Grads session on March 9. The recording is available here.
The AAMC led a more general money management session targeted towards graduates transitioning into residency on March 14. The recording is available here.
Financial Aid Website Resources
Our website has many helpful resources on debt management and financial literacy. A few examples include:
AAMC FIRST Videos and Webinars
Topics include, among others: paying for medical school, money management, cost of residency interviews, postponing loan repayment, selecting a student loan repayment plan, and managing your loans during residency.
The next session on March 31 at 2:00 pm is on Filing Taxes.
Register here
The AAMC sends a link of the recording to everyone who registers.
AAMC MedLoans® Organizer and Calculator (MLOC)
PowerPoint Series
A series of PowerPoint decks created by Paul Garrard on student loan repayment topics, such as public service loan forgiveness, refinancing, and tips for selecting a repayment strategy. (Link goes to Box)