01
Choosing and funding a school
What an Irish medical degree costs, how banks treat schools outside Canada, and what changed in federal student aid.
Read 8 articles
Personal finance for medicine in Canada and the US
Plain-language money guides for a career in medicine.
We are two medical students from Toronto, training in Ireland. We read the fee pages, loan terms and match rules on both sides of the border, so you can plan with real numbers.
Written for
Pre-meds
Medical students
Residents and fellows
Physicians
Canada and the US
45 guides, from first tuition bill to attending pay
Every figure linked to its source
Nothing sponsored, nothing for sale
The missing curriculum
They taught us how to save lives, not how to manage money.
Nobody covered what a medical degree costs abroad, how a line of credit behaves during residency, or what applying to CaRMS and the NRMP adds up to. We are working it out as we go, and writing down what we find.
Plain language. No hype. Every number has a source.
The journey
From first tuition bill to first paycheque
02
Getting back for residency
CaRMS, the NRMP, ECFMG and the exams, with fees and dates checked against official pages.
Read 16 articles
03
Residency and after
Resident pay by province, debt during training, tax across borders, and investing basics.
Read 12 articles
What we cover
Money, stage by stage
Medical student money management
Budgeting, student loans, lines of credit, and building good financial habits during medical school.
Resident and early-career finance
Managing a resident salary, understanding physician compensation, navigating debt repayment, and preparing for the transition to practice.
Investing and wealth building
Beginner-friendly guides to index funds, retirement accounts, compound growth, and long-term financial independence.
Financial planning and education
Taxes, insurance, financial decision-making, and avoiding common money mistakes throughout a medical career.
From the Journal
Latest articles
Studying Abroad
How to Claim the Canadian Tuition Tax Credit for Medical School in Ireland (TL11A)
Most of us at Irish medical schools pay around €60,000 a year in tuition and file a Canadian return with almost no income on it. Form TL11A is how that tuition becomes a federal tax credit. Here is what the CRA says about who qualifies, what counts, and what to do with the amount you cannot use yet.
October 26, 2026
Last checked 20 Oct 2026
Returning Home
The Cost of Applying to Residency as an IMG: CaRMS vs NRMP
Every fee the official organizations publish for both matches, added up. Anything we could not confirm is marked as such.
October 14, 2026
Last checked 14 Oct 2026
Returning Home
Taxes for Canadians Doing Residency in the US
What the IRS pages say about the substantial presence test, and the questions to bring to a cross-border accountant.
October 14, 2026
Disclaimer
The content on Clinic to Capital is for informational purposes only and does not constitute financial, accounting, or legal advice. We are medical students, not professional financial advisors. The information presented here may not apply to your specific situation. Always consult with a certified financial planner or tax professional before making major financial decisions.