CCOMon Cents

CCOMmon Cents is the fully integrated Financial Literacy Program at the Carver College of Medicine.  It is a program that provides medical and physician assistant students the knowledge, tools, and resources to better understand the financial aid process, to manage their student loans more effectively, to make better informed decisions during their graduate programs, to help take control of their personal finances sooner, and encourage students to minimize their educational debt whenever possible.  We believe that it is essential to provide our students with personal finance education, to help them navigate their loan repayment options, and to provide financial literacy resources throughout their education to help ensure they reach their educational and personal financial goals.

 

Required Materials for MD Students

As part of our financial literacy initiative, we have identified a few resources that we are requiring students taking out medical student loans to review.  The materials cover important financial literacy topics and we have made a concerted effort to keep the content brief and relevant so they can be viewed without interfering with busy course schedules.  Topics vary from year to year based on student feedback.  Links to the materials are emailed out to each class during the year.  The resources are listed below:

M1 Students

Money Management for Matriculating Medical Students

Education Debt Manager for Medical Students (AAMC Publication)

M2 Students

Credit and Credit Scores

M3 Students

Saving and Investing

The Cost of Residency Interviews

Public Service Loan Forgiveness

M4 Students

What Programs May Help You Pay Back Your Student Loans

Education Debt Manager - AAMC First Publication (for graduating students)

 

CCOMmon Cents Newsletter

The CCOMmon Cents Newsletter is a one page financial literacy publication that is emailed to all CCOM students twice a semester.  It contains short articles about various financial literacy topics that are relevant to MD/PA students.  The format is kept short so that students can read it quickly and at their convenience.  If you have suggestions for future topics to be discussed, feel free to email Chris Roling.

Previous CCOMmon Cents Newsletters:

PDF iconNovember 2018.pdf

PDF iconSeptember 2018.pdf

 

Financial Literacy Workshops

We provide workshops on various financial literacy topics throughout the year.  The sessions that are offered can change each year, but here is a list of workshops that have been offered in the last few years:

  • Credit Scores
  • Identity Theft
  • Debt Management Sessions
  • Buying vs. Renting during Residency
  • Investment Strategies and Disability Insurance
  • Taxes
  • Budgeting

We also have a Financial Literacy Advisory Group (F.L.A.G.) that meets once per semester to brainstorm ideas for the following semester.  IF you are interested in joining this group, contact Chris Roling, Assistant Director of Financial Services.