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Financial Aid Resources

The AMA is an excellent starting point in your search for financial aid information and resources. There are a number of valuable sources to provide medical students with necessary information and resources.

Please use this information in conjunction with the assistance of a financial aid officer or with the guidance of a trained financial aid professional. And please note that this page, by no means, represents a comprehensive listing of available information and resources. If you know of other resources that you would like to see here, please contact us .

Disclaimer – Many of the following links will take you off of the AMA website and are provided for informational purposes only. Although the linked websites have been evaluated and reviewed, the AMA does not assume responsibility for the content of other websites.

General Resources/Information

  • Association of American Medical Colleges FIRST Resources
    FIRST is designed to help members of the academic medicine community navigate the complexities of student debt. The program is designed to help medical school borrowers expand their financial literacy, make smart decisions about student loans, and manage their student debt wisely.
  • AAFP Debt Management Guide   
    This guide provides information on managing medical school debt throughout all stages of a medical student's career.
  • Income-Based Repayment 
    This AMA-MSS informational handout outlines medical student options for repaying your loans during residency and beyond.
  • AMA-MSS Issue Briefs 
    These are the AMA-MSS's general informational handouts on medical student debt issues.


Loans are an inevitable reality of attending medical school. The following links provide information about different types of loans and how to go about securing them.

Public loans:



Looking for financial assistance? Many organizations, including the AMA, award scholarships to medical students. Unfortunately, a scholarship can't help pay for medical school if no one knows it exists. The following websites contain lists of available aid and/or searchable scholarship databases:

  • AMA Financial Aid 
    Contains a comprehensive list of the various scholarship and other resources offered by the AMA to help students pay for medical school
  • FastWeb
    FastWeb offers a free, searchable scholarship database — a very comprehensive and accurate compilation of national, community, and college-specific scholarships available anywhere.
  • Other Scholarship Search Databases
    Compiled by FinAid.org, this website lists and describes a wide variety of scholarship search websites.
  • Medical School Financial Aid Office
    Don't forget, a great place to start looking for scholarships is right in medical schools' financial aid offices. Be sure to ask about scholarships that individual medical schools offer locally.

Loan Forgiveness/Repayment Programs

Looking for a way to alleviate debt? Many programs offer to pay the cost of medical education (either up-front or through loan forgiveness/repayment) in exchange for a service commitment.  The following are resources and information on various Loan Repayment/Forgiveness programs:

  • National Health Service Corps
    The National Health Service Corps provides medical school loan repayment in exchange for service in approved Health Professional Shortage Area
  • Public Service Loan Forgiveness Program
    The Public Service Loan Forgiveness Program encourages individuals to enter and continue to work full-time in public service jobs.  Physicians will be eligible for the program after 10 years of loan repayment while practicing in a "public service" job.  The definition of "public service" includes 501(c)(3) non-profit organizations, faculty in "high-needs areas" (as determined by the Secretary of Education), and service at private organizations providing "public health" or "emergency management" services.  Only Federal Direct Loans are eligible for forgiveness, but borrowers may consolidate other federal loans under a single Direct Consolidation Loan.  Find out if you might quality.
  • AAMC State and Other Loan Repayment/Forgiveness and Scholarship Programs
    This site contains a searchable database of U.S. programs that offer financial assistance, in the form of loan repayments, for a commitment to service.
  • Indian Health Services Loan Repayment Program
    In exchange for clinical practice at an Indian Health Services facility or approved Indian health program, the Indian Health Services Loan Repayment Program repays all or a portion of the applicant's eligible health professions educational loans.
  • Indian Health Service Health Professions Scholarship Program
    In exchange for clinical practice at an Indian Health Services facility or approved Indian health program, the Indian Health Services Health Professions Scholarship Program provides financial assistance for American Indian and Alaska Native students enrolled in health professions and allied health professions programs.


Military Service Committments

The Armed Forces Health Professions Scholarship Program offers full support to medical students, while in school, in exchange for military service upon graduation. Contact your local recruiter for more information.