Education

Requirements for All Students

Master
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While financial wellness is essential for all students, the specific needs of students who are and are not receiving financial aid vary. This page specifies the mandatory activities for all students as well as additional requirements for students receiving financial aid.

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Requirements for All Students

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The table below specifies which financial actions and topics are mandatory for students in each year of medical school. Students will be informed of when and how they need to complete each requirement via email from the Office of Financial Aid as well as notifications in school newsletters -- Thursday News and Sunday Weekly Class Announcements.

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Requirements

TimingRequirement
Pre-MatriculationReview email received from financialaid@bcm.edu on Feb. 1 with instructions on how to apply for financial aid.
Pre-Matriculation and AnnuallyRead Loan Type and Terms to learn about types of aid available to all eligible students
AnnuallyInperson or virtual online loan counseling required for all federal loan borrowers
MS1 YearGroup presentation to all aid recipients
MS1 Year Fall SemesterBuilding Your financial Know-How
MS1 Spring SemesterBanking Basics
MS2 Fall SemesterBuilding Your financial Know-How
MS3 Fall SemesterEnergize Yourself Financially
MS 3 Spring SemesterDDASH: Residency Workshop: Student/Resident Panel: Financial Planning for Interviews (Planes, Trains, Ubers, Suits, Food, Hotels, Credit Cards)
MS4 Fall SemesterYour Credit Report
MS4 Spring SemesterAPEX: New Found Wealth (what to do with your first several paychecks)
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Requirements for Students on Financial Aid

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All students who receive financial aid are required to do the following annually before a disbursement is made:

  • Read the financial aid instructions: Medical Student Application Instructions
  • Complete an online FAFSA at studentaid.gov.
  • Complete and e-sign master promissory notes at Heartland/ECSI for each institutional loan accepted.
  • For students who have not previously received a subsidized/unsubsidized loan or PLUS loan under the Direct Loan Program or Federal Family Education Loan (FFEL) Program, or if it has been longer than 10 years since:
  • Complete online entrance counseling at studentaid.gov for each federal loan accepted.
  • Complete and e-sign master promissory notes at studentaid.gov for each federal loan accepted.