Tuesday, November 2, 2010

Med School LOANS: a new tool!

This year, the AAMC Organization of Student Representatives (OSR) has focused on the rising cost of medical education and the debt incurred by students. At this year's Annual Meeting, we will be showcasing innovations that may serve as effective ways to mitigate this crisis and will share the data we collected from the Tuition and Debt survey administered by the Student Affairs Committee.

We are thrilled to announce the launch of a tool that the OSR Administrative Board began thinking about several years ago: the Medloans® Organizer and Calculator.
Not surprisingly, 87% of medical students graduate with debt. Managing loans is not only challenging, it's also a painful task that students would like to spend as little time as possible doing. The Medloans® Organizer and Calculator developed by the AAMC's FIRST team is a FREE resource that is available to all medical students. Medloans® Organizer and Calculator will help you keep all of your loan information in one place and manage personalized payment plans when it comes time.
Don't ignore your loans any longer! If you haven't already, we urge you to check this out at www.aamc.org/first, using your AAMC Sign in information. If you don’t have an AAMC sign in or if you forgot your sign in password please contact first@aamc.org.
Please pass along this excellent resource to friends, colleagues and classmates. We hope that this tool will help make managing your debt a little less stressful.