Financial Wellness "Building a head start to your finances."

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As part of our ongoing initiative to encourage financial literacy, the Office of Student Financial Aid Services has partnered with the  Association of American Medical Colleges to provide a personal finance program designed for medical and dental students, providing the tools needed to establish healthy financial habits through school and  beyond graduation.

This program is for all students of both the School of Medicine and School of Dental Medicine, and consists of live webinars, town hall question and answer sessions, in-person presentations and monthly coursework.    To register for this free programming, please create an account at aamcfinancialwellness.com  

Each month during the academic year students will be assigned coursework and asked to complete by month's end.  Students will receive e-mails notifying them of this coursework on the first, fifteenth and end of the month.  The office Facebook page will also have these updates.  Progress is tracked and reported to the appropriate dean.

Financial Wellness Calendar

Each year we partner with the Association of American Medical Colleges and their AAMC FIRST program to bring you presentations and programming to help deepen your fiscal knowledge and to answer your questions about loans, repayment, insurance, home ownership and much more.  We encourage all students to participate in the free programming and we have outlined a calendar for you with links to register for the programming.  Please check back as new presentations are added.

Money Management for Medical School Students	Tuesday August 20, 2024 @ 2PM ET	Join the AAMC FIRST team for an informative webinar and discussion on how to manage your money during medical school. We will answer questions about budgeting, borrowing wisely and other topics such as utilizing resources at your school, keeping an eye on your credit and tips to avoid identity theft. We will also showcase additional FIRST resources like the MedLoans™ Organizer and Calculator (MLOC) and the AAMC Financial Wellness program.	Registers here!
MedLoans Organier and Calculator Demo	Tuesday September 24, 2024 @ 1PM EST	Join the AAMC FIRST team for a demonstration on how to utilize the AAMC’s MedLoans™ Organizer and Calculator (MLOC) to determine which repayment plan will meet your financial needs and goals. We will preview each payment plan, including the new SAVE plan and review how MLOC shows details of each one. Join the FIRST team as we highlight this amazing tool!	Register here!
Optimizing your Finances During Residency	Tuesday October 22, 2024 @ 2PM EST	Join Financial Advisor, Stephen Mark Cardinal*, FSCP®, hosted by the AAMC FIRST Team for an informative webinar on navigating and optimizing your finances as you transition from Medical School to Residency and beyond. This session will cover essential topics such as structuring an intentional spending plan, managing student loan repayments, evaluating renting vs. buying, building emergency savings, understanding insurance needs, and strategic investments for retirement planning. Stephen aims to empower you with the confidence and clarity needed to establish a solid financial foundation early in your career. Don’t miss this opportunity to gain valuable insights that can shape your financial future.	Register here!
Update on PSLF	Wednesday November 20, 2024 @ 2PM EST	Please join Emma Crawford, Financial Planner, CFP®, as she breaks down the details of Public Service Loan Forgiveness (PSLF). She'll discuss the program's requirements, how to qualify, and how to begin making PSLF-qualifying payments as quickly as possible after graduating from medical school. Viewers will leave the webinar with clear and concrete action steps based on their specific circumstances.	Register here!
Home Financing for Students and Residents	Tuesday February 25, 2025 @2PM EST	This informative session, presented by Tal Frank, President of PhysicianLoans, will explain the ins and outs of obtaining the best home financing for graduating medical students and residents. Emphasis will be placed on the proper steps to take when applying for a loan and the exact questions to ask loan officers. Additional topics will include what mortgage loans are available for doctors (including special no money down home loans), understanding budgeting for a home purchase, debt ratios and estimating funds required to close a mortgage will be covered. Register today and bring your questions!	Register here!
Filing Taxes and Student Loans	Wednesday March 5, 2025 @ 2PM EST	Filing taxes is important during and after medical school. Join Martin Penn, Senior Director of OME at Albert Einstein College of Medicine, CPA, MBA, who will discuss filing requirements, including when to file and what documents or information you need to do so, as well as provide key dates / deadlines. We’ll also touch on the implications filing taxes may have when looking at retirement savings and student loan repayment options.	Register here!
Answering your Most Asked Questions	Tuesday April 22, 2025 @ 2PM EST	Join the AAMC FIRST team as we review and discuss the most asked questions we receive from medical students, residents, and financial aid professionals. We’ll touch on PSLF, student loans, paying for medical school, student loan repayment options and much more. Don’t miss out on this great discussion that highlights what your classmates and colleagues are talking about!	Register here!
Choosing Insurance as a Student or Resident	Tuesday May 6, 2025 @ 2PM EST	Whether just starting medical school, graduating from medical school, or beginning residency, knowing which insurance plan to choose (and when) can be one of the most important decisions. During this webinar, Deanna Filosa CLU, ChFC, ChSNC, will discuss Group Health Insurance, Disability and Life Insurance, Renters Insurance, and Umbrella Policies. Join the AAMC FIRST team and Ms. Filosa for this informative webinar to learn about the types of insurances, tools, tactics, and resources that should be known to maximize your knowledge and obtain the proper insurance coverage.	Register here!