Download Student Information 2012-2013 - Drexel University ...
Download Student Information 2012-2013 - Drexel University ...
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FInAnCIAL PLAnnIng<br />
SERVICES<br />
<strong>Drexel</strong> <strong>University</strong> College of Medicine has a<br />
financial planner on staff full time to assist all<br />
students and their families with counseling and<br />
financial planning during and after their medical<br />
school years. This service is designed to address the<br />
student’s entire financial picture beyond financial aid<br />
so that they can stay on track as they pursue their<br />
education, residency and practice.<br />
The financial planning service at <strong>Drexel</strong> <strong>University</strong><br />
College of Medicine provides knowledge and<br />
support so that our students can have the strongest<br />
financial foundation as they pursue their education,<br />
residency, and practice.<br />
Financial planning topics addressed include:<br />
• Debt<br />
• Budget<br />
• Credit<br />
• Marriage<br />
• Children<br />
• Taxes<br />
• Insurance • Mortgage<br />
• Wills<br />
• Risk<br />
• Retirement • Special needs<br />
ABOUT PERSOnAL<br />
FInAnCIAL PLAnnIng<br />
Personal financial planning is a series of steps used<br />
to reach an overall financial goal (e.g., financial<br />
independence) or a set of intermediate goals (new<br />
home purchase, pay for college, etc.). This often<br />
includes a budget that organizes cash flow by<br />
identifying all sources of income and expenses, and<br />
outlining a plan to save for future expenses.<br />
Financial Planning Process<br />
1. Identify Goals – What financial goals are<br />
you trying to accomplish<br />
2. Gather Data – Set budget figures, including<br />
asset and liability information.<br />
3. Analyze <strong>Information</strong> – Consider alternatives<br />
and choices.<br />
4. Develop Plan – Create action steps and time<br />
frames.<br />
5. Take Action – Implement your plan step by<br />
step.<br />
6. Review – Analyze your results to keep on<br />
track towards your goals.<br />
Scholarships and Loan Forgiveness Programs<br />
• n ational Health Service Corp. Loan Repayment<br />
Program<br />
• n ational Health Service Corp. Scholarship<br />
Program<br />
• n ational Institute of Health Loan Repayment<br />
Program<br />
• Pisacano Scholars Leadership Program<br />
• Public Service Loan Forgiveness<br />
• U.S. Air Force Health Professions Scholarship<br />
Program (HPSP)<br />
• U.S. Army Health Professions Scholarship<br />
Program<br />
• U.S. navy Health Professions Loan Repayment<br />
Program<br />
• U.S. navy Health Professions Scholarship<br />
Program<br />
<strong>Drexel</strong> <strong>University</strong> College of Medicine Resources<br />
• <strong>Drexel</strong> Fellowship Office<br />
• <strong>Student</strong> Resource Center/Financial Aid Office<br />
TRAnSFER APPLICAnTS<br />
Applications for transfer into <strong>Drexel</strong> <strong>University</strong><br />
College of Medicine’s second or third-year<br />
classes are considered if openings are available.<br />
Applications are accepted from U.S. citizens or<br />
permanent residents only. Advanced standing<br />
positions are also reserved annually for the M.D./<br />
DDS students in the Oral Maxillofacial Surgery<br />
(OMFS) Program.<br />
We begin accepting applications for potential<br />
transfer positions after February 1. We’ll know more<br />
about possible open positions in the spring. If we<br />
have open positions, we’ll begin to review complete<br />
applications in early/mid May. If there are no<br />
positions available, we’ll return materials sent to us<br />
by applicants.<br />
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