Information is presented on medical student financial aid programs and factors that should be addressed by the professional premedical/medical school advisor or the student about to enter medical school. Topics include the following: cost estimates; financial need and assistance; student expenses; purpose of financial assistance; applications procedures; uniform method of need analysis; the cost of attendance; married students; foreign students; appeals; adjusting financial assistance packages; tuition deposit; need analysis services; general application directions; Guaranteed Student Loans; the Federally Insured Student Loan program repayment schedule; need-based loans; the exit interview; grants; non-need-based loans; Health Education Assistance Loan Program repayment schedule; alternative programs sponsored by federal, state and private agencies; and debt management. Cost estimates are made over a 12-month period for students who rent in the local community and those who live with parents. A list of state education agencies that administer the Guaranteed Student Loan program, including addresses and phone numbers is presented. Need-based loan programs are as follows: medical school institutional loans, Health Professions Student Loans, National Direct Student Loans, College Work-Study; and Summer Work-Study. A fact sheet is presented on the Health Education Assistance Loan program, which is a non-need-based program. Alternative programs available through the armed forces and the National Health Service Corps are identified. Alternative programs at the state level are briefly described and contact persons and addresses are identified. In addition, about 40 national association aid programs are briefly described. Two forms for calculating student loans are appended. (SW)