Financial Aid

Graduating Student Resources

Make sure you're prepared for any financial challenges after graduation with this helpful guide.

Graduating Student Resources

Make sure you're prepared for any financial challenges after graduation with this helpful guide.

Transitioning to Residency with Student Loans

Before you enter the next stage of your medical career, the Office of Financial Aid team wants to make sure that you are equipped with key details and terms of your loans, repayment options, and specific resources for managing your student loans as you enter your residency. Keys steps and services will be offered annually between March and July.

In order to prepare you, below is a step-by-step guide on the ways that you can take control of your educational debt as your transition to residency. 

  1. Review and Organize your Debt Portfolio
    1. Identify the types of loans that you have borrowed while at the Warren Alpert Medical School and the loans you have borrowed prior to attending the medical school. The best ways to retrieve your loan history is by logging into the following sites:
      1. Brown Banner Self-Service SSB:  Select the award year at the top of the page to find loans for every year you borrowed.
      2. Federal Student Aid to access all Federal Loans.
      3. Access your Brown institutional loans via Heartland ECSI
      4. Contact your prior institution’s financial aid office if you are unsure whether you borrowed an institutional loan or a private loan.

Record what the interest rates for each loan are and which are subsidized (no interest during deferment periods) and which are unsubsidized.

  1. Review the AAMC Medloans Organizer and Calculation
    1. The AAMC offers a free Medloans Organizer and Calculator (MLOC) to all medical students. You only need to set up an AAMC Username and Password to access this site. If you haven’t already done so, please get started at: www.aamc.org/first .
    2. Enter your Loan History as provided in your Debt Profile (as well as other debt from prior degrees)
      • Access your federal loan information at studentaid.gov and download your "My Aid Data" file.
      • Contact your prior institution’s financial aid office if you are unsure if you borrowed either an institutional loan or a private loan.
  2. Join our March Webinar: Loan Info Session for Graduating Student Borrowers. Details regarding this session will be emailed
  3. Check out FIRST Webinar: Covering your Most asked Questions with the AAMC FIRST Team.
  4. One-on-one loan counseling sessions will be available starting the last week of April through May.  Details on how to sign up will be forthcoming.
  5. Complete: Online REQUIRED Exit Loan Counseling via the Student Financial Services Office