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What is the best way to pay off optometry school debt?

I will be an OD1 student next year, and I was wondering what other people's experiences are in terms of financial aid and paying off their optometry school debt.

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Natalie’s Answer

Hi. Apply for financial aid and see what you can get. If you have good grades, You can apply for scholarships to help offset some of the cost. Unfortunately working part time and being an OD student is near impossible due to how stressful it can be. I don’t know about other schools, but second year for us was rough. Focus on school first.

Some positions often offer help with student loan repayment if you work for a certain amount of time with them. Some locations are not great but others are decent.

The most important thing is to be savvy about how you spend money both in school and after graduation.

If you have any other questions about optometry school, I’m always happy to answer them!
Thank you comment icon Thank you! Aleksandra
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Ronett’s Answer

Congratulations on your acceptance to optometry school! Paying off optometry school debt can be a challenge, but there are several strategies that can help make it more manageable. Here are a few suggestions:


Explore all financial aid options: Make sure you are taking advantage of all financial aid options available to you, including scholarships, grants, and federal student loans. Be sure to complete the Free Application for Federal Student Aid (FAFSA) each year to be considered for need-based aid.

Live frugally during school: Consider living frugally during optometry school by cutting back on expenses and finding ways to save money. This may include living with roommates, cooking meals at home, and avoiding unnecessary expenses.

Consider a part-time job: Working part-time during optometry school can help you earn extra income and reduce the amount of student loan debt you accrue. However, be sure to balance your work and school commitments to ensure you are able to succeed academically.

Create a budget and stick to it: Create a budget to help you manage your expenses and prioritize paying off your student loan debt. Consider using a budgeting app to help you track your spending and stay on track.

Consider loan repayment programs: Look into loan repayment programs offered by the government or other organizations. These programs may offer loan forgiveness or loan repayment assistance in exchange for working in underserved areas or in certain fields.



Remember, paying off optometry school debt is a long-term process. Be patient, stay focused on your goals, and explore all of the options available to you. Good luck in your optometry school journey!
Thank you comment icon This was super helpful, thank you! Aleksandra
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Kristin’s Answer

This is a great time to ask! Start budgeting now and take out the least money required for your school and living expenses. The less you take out the less debt you have to pay. Consider having one or more roommates to lower the cost of living. After school is over continue to live as you have become used to as a student and put additional money into both starting to save for retirement and paying off loans. Make sure you make payments on time and do not run up consumer debt and you are on your way!
Thank you comment icon Thank you so much for the advice! Aleksandra
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