The Office of Student Financial Assistance (OSFA) through a variety of services provides assistance to students in securing funding for their medical education as well as providing financial education relating to their personal financial needs. Assisting our students in understanding the financial assistance processes both federal and institutionally, as well as providing financial literacy through a variety of debt management programs, will relieve some of the financial stress that may occur during their academic years and after graduation. Business hours are Monday through Friday from 8 am to 5pm Appointments are not necessary, though they are appreciated. All walk-ins are welcome.
Cindy Canterberry, MS
Assistant Director, Student Financial Assistance
Phone: (304) 691-8739
Fax: (304) 691-8740
Byrd Clinical Center
1249 15th Street
Huntington, WV 25701
Financial Planning Your Medical Education
What you need to know
Prior to your first year of Medical School
MS1 - First Year
- Check out AAMC’s SALT program which is a free, online, financial education resource, that provides a variety of financial information to help students, residents, and practicing physicians become more financially savvy.)
- Know how to access your Loan Servicer(s) and monitor your debt
- If you borrowed during your undergraduate or graduate school years, you must contact your servicer(s) and obtain an in-school deferment at the beginning of your first year.
- Attend MUSOM Financial Literacy and Debt Management programs
- Organize your debt by using AAMC’s Medloans Organizer and Calculator
MS2 - Second Year
MS3 - Third Year
MS4 - Fourth Year
- Participate in your Senior Loan Exit Counseling in the spring prior to graduation to review loan repayment options and loan forgiveness programs. All graduates will be notified of loan exit counseling options at the beginning of the spring semester prior to graduation.
- Follow up with individual exit counseling with the MUSOM Office of SFA
- Since residency interview expenses are not covered by federal student loans, it is important to explore alternative funding options, if you feel you do not have the funds for travel-related costs. You might want to check out your federal student loan servicer for possible residency and relocation loan options.
Or, review the FinAid.org website for a list of creditable available private student loan options at www.finaid.org/loans/privatestudentloans.phtml. This site provides a comprehensive list of all private student loans so be sure to seek out only the Residency/Relocation loans. Please contact the lender directly for details regarding the eligibility requirements and timeframe of application. According to Marshall University Code of Conduct for Private Education Loans, the OSFA cannot recommend a specific loan program.
- Financially plan for your Residency relocation and opportunities
Remember to contact the MUSOM Office of SFA for assistance at firstname.lastname@example.org or 304.691.8739.