Financial wellness and counseling

NEOMED takes seriously the importance of educating prospective students about the financial demands of a health professions and graduate education. Therefore, we provide financial literacy and education debt management counseling for prospective and current students from pre-admission to graduation and beyond.

Before matriculation

During the application and interview process, the Office of Financial Aid is available to discuss the financial demands of dental, graduate studies, medical or pharmacy education.  We offer guidance on preparing for an educational investment through a brief presentation during on campus interview days; this presentation is available on demand when interviewing virtually or by scheduling an appointment during the admission process.

After matriculation

Students can meet with the NEOMED Financial Aid team for individual counseling appointments at any stage of their educational career. These sessions are personalized to each student’s unique financial situation.

Optional and required programming is provided throughout all years a student is enrolled, delivered through presentations (in person and virtual) and webinars. A sample list of topics appear below.

Post-enrollment years

We know that life events happen, and a borrower’s planned student loan repayment strategy may need to change.  Because of this, members of NEOMED’s Office of Financial Aid remain available to work with our alumni to best aid in reevaluating their  repayment strategy free of charge.  Our philosophy, once a walking whale, always a walking whale.

Financial literacy curriculum at a glance

On-demand presentations along with resources are housed in the Office of Financial Aid intranet site. Students will be notified of in-person workshops.

Pre-matriculation

• Scholarship search made easy
• Understanding your costs
• Borrowing wisely
• Financial aid basics
• Understanding your financial aid offer
• Establishing a personal financial budget
• Optional one-on-one with Financial Aid

First-year 

• Scholarship search made easy
• Understanding your costs
• Know your budget
• Understanding your credit
• Student loan entrance counseling
• Understanding your financial aid offer
• Student loan exit counseling– understanding your repayment options for students enrolled in a one-year graduate degree
• Optional one-on-one with Financial Aid

Second-year

• Review of budgeting and budgeting tips
• Review of understanding your credit
• Identity theft precautions
• Student loan exit counseling– understanding your repayment options for students enrolled in a two-year graduate degree
• Optional one-on-one with Financial Aid

Third-year

• Review of budgeting and budgeting tips
• Review of understanding your credit
• Preparing for the costs of residency interviews
• Introduction to repayment options and strategies
• Optional one-on-one with Financial Aid

Fourth-year

• Review of budgeting and budgeting tips
• Review of understanding your credit
• Student loan exit counseling – understanding your repayment options
• Loan forgiveness programs
• Optional one-on-one with financial aid

Post-enrollment

• NEOMED Financial Aid team still available for student loan repayment strategy counseling

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More

• Office of Financial Aid on NEOMED’s intranet site
• NEOMED’s N8 Student Wellness Initiative
• Association of American Medical College’s (AAMC) Financial Information, Resources, Services, and Tools (FIRST) Program.
• Public Service Loan Forgiveness
• AAMC MedLoans® Organizer and Calculator (MLOC)
• American Dental Education Association (ADEA) Financial Resources for Dental Education
• Dental Loans Organizer and Calculator(R) (DLOC)

Credit bureaus

• Annual Credit Report
• Experian
• Equifax
• Transunion