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Save Student Aid

Save Student Aid! is a campaign led by the Student Aid Alliance, a coalition of higher education organizations united in support of federal student aid programs.

Visit the Student Aid Alliance External Link

Financial Information, Resources, Services, and Tools (FIRST)

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FIRST helps medical school borrowers expand their financial literacy, make smart decisions about student loans, and manage their student debt wisely.

Medical Schools and Student Aid

Federal Loans | Repayment | NHSC | Title VII Loans | Regulations | Tax Benefits

Looking for help with your student loans? Visit AAMC’s FIRST for Medical Education.

Medical school is expensive and high graduating debt can pose a significant financial burden, especially with the unique repayment challenges of medical residency training. Lowering interest rates on federal student loans can significantly ease this burden. View the AAMC's Medical Education Debt Fact Card.

The AAMC works with the Federation of Associations of Schools of Health Professions (FASHP) to improve federal loan and repayment programs under the Department of Education and the Health Resources and Services Administration (HRSA), such as the Title VII health professions student aid programs and the National Health Service Corps (NHSC).

To help ensure medical education remains affordable for students from all backgrounds, AAMC supports a budget-neutral legislative proposal:
Debt in Health Education Loan Programs (Debt HELP) 

News and Updates

Fast Facts: President's Budget and Student Aid

February 16, 2016

President Obama’s budget proposes significant changes to federal student aid and repayment programs, but what does it mean for medical students?

Senate HELP Committee Holds Education Confirmation Hearing

January 19, 2017

The Senate HELP Committee Jan. 17 held a confirmation hearing for President-elect Trump’s Education Secretary nominee, Betsy DeVos. Much of the panel’s questions focused on K-12 education, but the dialogue also touched on higher education issues of importance to medical schools.

House Passes DOL Overtime Rule Delay

September 30, 2016

The House of Representatives Sept. 29 approved, 246 to 177, the Regulatory Relief for Small Businesses, Schools, and Nonprofits Act (H.R. 6094), which would delay for six months the enforcement of the Department of Labor (DOL) overtime final rule until June 1, 2017. The DOL final rule was scheduled to go into effect Dec. 1, 2016 [see Washington Highlights, May 20]. The White House Sept. 27 issued a Statement of Administration Policy strongly opposing H.R. 6094, indicating President Obama would veto the bill if sent to his desk.

Labor Department Releases Overtime Final Rule

May 20, 2016

The U.S. Department of Labor (DOL) May 18 published its final rule titled Defining and Delimiting the Exemptions for Executive, Administrative, Professional, Outside Sales and Computer Employees under the Fair Labor Standards Act (FLSA).

On Government Affairs

Testimony and Correspondence

External Resources