For What It’s Worth Monthly Newsletter May 2024
Refunds
Need a money to cover living expenses?
Students who expect to have a credit balance once all anticipated aid is disbursed may apply for a living expense refund against the future credit.
Complete a Refund/Cash Advance Request Form
Ned Palmer, MD, MPH
Chief Operating Officer & Co-Founder
Dr. Ned Palmer MD, MPH is an instructor in pediatrics and faculty at the Center for Bioethics at Harvard Medical School. Join Dr. Palmer to prepare yourself with financial information for your entire career as a physician. As the CoFounder of Panacea Financial, the national digital bank for medical students, residents, and physicians, Dr. Palmer is acutely aware of the financial struggles of medical trainees.
FINANCIAL LITERACY
SPRING SERIES
Hosted By
Dr. Ned Palmer & HMS Financial Aid Office
These sessions will provide practical knowledge you can begin to implement as a student.
Academically, Dr. Palmer is in the global health faculty at Boston Children's Hospital, as well as at Harvard Medical School in the Center for Bioethics.
May 7th at 7pm EST (Zoom)
Common Financial Mistakes Physicians Make & How to Avoid Them
May 14th at 7pm EST (Zoom)
Student Loan Management Through Medical School
May 21st at 7pm EST (Zoom)
Rent or Buy? Housing for Medical Students and Residents
May 28th at 7pm EST (Zoom)
Planning Your Financial Transition to Residency
Zoom Link: https://harvard.zoom.us/j/938148
79712?pwd=S3c5ck80Qkg0UlQya Ho1NUowZ0hMdz09
For specific questions or topics you'd like addressed, scan this QR-code and submit!
2024
The HMS Deadline: View financial aid checklist
2024-25 Financial Aid Application
Federal Loan Updates
Federal Student Loan Debt Relief
President Biden announced plans to cancel student debt under the Higher Education Act.
Learn more about those plans and the BidenHarris Administration’s student debt relief efforts.
View details.
SAVE Repayment Plan
The Saving on a Valuable Education (SAVE) Plan, is an income driven repayment plan which calculates your monthly payment amount based on your income and family size.
This plan provides the lowest monthly payments of any income driven repayment plan available to nearly all student borrowers.
View details.
Graduating Students
Are you graduating in May?
Be sure to complete the steps outlined in the Graduation Checklist and sign up for an appointment with your financial aid counselor for your loan exit to fulfill your financial aid graduation requirements.
Financial Aid
Fact
A loan servicer handles the billing and other services on your federal student loans. They work with you on repayment options and other tasks related to your federal student loans.
You can identify your loan servicer by visiting your account dashboard online at https://studentaid.gov/.
Photo by Jimmy Chan
Monthly Highlight
Resources for Graduating Medical School Students
AAMC FIRST Videos and Webinars: Watch these sessions to learn about loan repayment strategies, budgeting, and more.
AAMC Resources for 2024 Graduates
U.S. Department of Education: Watch student loan repayment videos by Federal Student Aid.
