Office of Financial Aid

Financial Guidance for Your Medical School Journey

Medical school is an investment in your future. OCOM's Office of Financial Aid provides financial literacy and debt management counseling to help prospective and current students understand their financial responsibilities, make informed decisions, and build a strong financial foundation from pre-admission through graduation.

Financial Counseling Benchmarks

Guidance at Every Stage

Financial decisions are part of the medical school journey. OCOM's Office of Financial Aid provides resources, education and counseling to help students understand the costs of their education and prepare for the financial responsibilities that come with it.

Getting Started

Pre-Admission

Begin understanding the financial considerations of medical school before you start your education.

  • Learn about Financial Aid services and how to get in touch.
  • Discuss the financial demands of medical education.
  • Explore budgeting and financial planning fundamentals.

Starting Medical School

Welcome Week

Prepare for the financial realities of your first year with an introduction to educational costs and budgeting.

  • Attend the required Financial Aid presentation.
  • Review cost of attendance and budgeting between disbursement dates.
  • Connect with Financial Aid to ask questions and discuss individual needs.

Ongoing Support

Every Academic Year

Continue building financial knowledge and reviewing your educational borrowing throughout medical school.

  • Complete individual entrance counseling during the OMS-I fall semester.
  • Participate in Debt Management Program presentations.
  • Access financial literacy and debt management learning modules.
  • Explore topics such as credit, identity theft, budgeting and financial planning.

Preparing for What's Next

Before Graduation

Prepare for the transition from medical school to the next stage of your professional journey.

  • Attend required exit counseling during your final semester.
  • Review your student loan history and general repayment strategies.
  • Discuss applicable options such as consolidation, forgiveness, deferment and forbearance.
  • Bring your questions to an individual counseling session.

Have a question along the way? You do not have to wait for a scheduled milestone to seek guidance. OCOM's Office of Financial Aid is available to help students navigate financial questions throughout their medical education.

Build Your Financial Knowledge

What Can Financial Counseling Help With?

Financial literacy is an important part of preparing for life during and after medical school. OCOM's financial counseling resources can help students build knowledge, understand their options and make informed financial decisions.

Budgeting Fundamentals

Explore ways to plan for educational and everyday expenses, manage available funds and budget between financial aid disbursements.

Understanding Credit

Build your understanding of credit and learn why credit management is an important part of overall financial well-being.

Educational Debt

Understand your student loan obligations, review borrowing considerations and develop awareness of the long-term implications of educational debt.

Financial Planning

Strengthen your financial knowledge and consider how present-day decisions may affect your future financial goals.

Loan Repayment Preparation

Learn about general repayment strategies and discuss applicable options, including consolidation, forgiveness, deferment and forbearance.

Identity Theft Awareness

Explore identity theft awareness as part of a broader approach to protecting personal information and supporting financial well-being.

We're Here to Help

Take the Next Step Toward Financial Confidence

You don't have to navigate the financial side of medical school alone. Whether you have questions about budgeting, educational debt or preparing for repayment, connect with OCOM's Office of Financial Aid to discuss your questions and explore available resources.

Contact the Office of Financial Aid

financialaid@ocom.org