Debt Management

We understand that you might be anxious about financing your medical education and the debt that results. Our goal is to not only help you find the financial assistance you need but also to help you learn how to manage your finances and your educational debt.

CashCourse

The Financial Aid Office has partnered with CashCourse to provide online workshops on various debt management and financial literacy topics so that you can get access to important information 24/7. CashCourse was developed by the National Endowment for Financial Education (NEFE) to help college students with resources that can build money management skills.

We welcome you to create an account and learn the basics of budgeting, investing and protecting your financial aid.

How to achieve Financial Success

1. Create a Spending Plan, go to CashCourse and create a basic budget.
2. Write down all your college expenses and financial aid and work salary
3. Manage debt, learn the difference between good debt vs. bad debt
   • Good debt: borrowing to pay your fees, books and equipment.
   • Bad debt: borrowing to pay for a car, clothes, consumables
4. Identity Theft – learn how to protect your identity
5. Credit Cards – do you really need them? Use for emergencies only.
6. Credit, building good credit is beneficial, but not worth if you can’t pay off your credit cards.

Do you want to learn how to handle your finances?

The Department of Education was not help you learn how to manage your finances, whether you receive financial aid, this is a great place to start. Visit the Federal Student Aid website.

UCI Paul Merage School of Business, Center for Investment and Wealth Management

The Center for Investment and Wealth Management (CIWM) is committed to helping you on your path toward a lifetime of financial well-being. Explore all their Community Programs and attend one of their classes.