DaVinci's Man

Financing Medical School

In addition to the substantial costs of tuition and fees for medical schools once you are accepted, there are several costs associated with the application process itself. These include taking MCAT preparatory courses, MCAT study guides, registering for the MCAT, AMCAS online application, fees for secondary applications, and travel and lodging costs for interviews (see cost of applying to medical school.)

MCAT preparatory courses (e.g., Kaplan and Princeton Review) can help improve your performance on the MCAT if you take them seriously, devote sufficient time to them, and take full advantage of the many practice exams they offer (see Standardized Exams). Their costs may seem high but are not significant when viewed relative to the overall costs of your undergraduate and medical education. MCAT study guides are available at most book stores. Practice exams are available on the AAMC website.

The MCAT and the AMCAS online applications are both administered by the AAMC. The AAMC offers a Fee Assistance Program (FAP) to US citizens or permanent residents who would otherwise be unable to take the MCAT or apply to AMCAS-participating schools. Applicants who receive FAP waivers may also be eligible for waivers from secondary application fees (see Application Process).

Medical school tuition costs and fees vary greatly depending primarily on whether the school is public or private, and whether you are an in-state or out-of-state resident. The most reliable way to investigate tuition and fee costs is to consult the MSAR or websites for individual schools (see Health Profession Schools). Medical students generally supplement personal or family resources with federally subsidized or private loans to cover these costs. Medical school financial aid offices generally provide all the information you will need on available sources of loans. Much more information on financing medical school is available on the AAMC website. After graduating from medical school, you will most probably have incurred a substantial debt.

Three things should be emphasized relative to incurring these debts: 1) you must have a good credit rating to be eligible for the loans in the first place, so be very careful to pay your credit card bills on time; 2) after establishing a successful practice as a doctor, you will most likely be able to pay off these debts without sacrificing other priorities; and 3) if you drop out of medical school or fail to pass the licensing exams after graduating from medical school, you will have incurred substantial debt and may not have the means to pay it off (see What if I'm not accepted?).

Financial Resources and Information Links

AAMC Fee Assistance Program (FAP) Application Tips
Action Behavior Center ABA Therapy Scholarship
Aetna Foundation Scholars Program
Affording Medical School
Affording Medical School Tips
African American Scholarships
African American Scholarships and Grants
AfterCollege-AACN Scholarship Fund
AfterCollege Nursing Student Scholarship
AfterCollege Succurro Scholarship
Aga Khan Foundation International Scholarship Programme
American Association of Colleges of Nursing Financial Aid Information; Student Scholarship Programs
American Dental Education Association (ADEA) Scholarships, Awards and Fellowships for Students
American Heart Association Council-Sponsored Student Scholarships
American Indian College Fund Scholarship Opportunities Links
American Indian Education Foundation (AIEF) Graduate Scholarship
American Indian Graduate Center (AIGC) Scholarships/Fellowships
American Indian Higher Education Consortium Scholarship and Internship Opportunities
American Indian Science and Engineering Society (AISES) Scholarships
American Psychological Association (APA) Scholarships, Grants, and Awards
American Society for Biochemistry and Molecular Biology (ASBMB) Distinguished Undergraduate Scholarship
American Student Assistance
AmeriCorps; Segal AmeriCorps Education Award
Applying to Medical School Cost
Army Medicine Graduate Healthcare Education Programs, Scholarships, and Stipends
Association of Native American Medical Students Premedical Student Scholarships; Medical Student Scholarships
Association of Schools of Allied Health Professions Scholarship of Excellence Program
Association on American Indian Affairs (AAIA) Scholarships
Avoid Major Money Problems in Medical School
BankingSense Scholarships and Grants Guide
Barry Goldwater Scholarship and Excellence in Education Program
Ben Gurion Global Health Scholarship Scholarship Database
Biomedical Science Careers Program Scholarships and Resources
Campus RN Scholarship Program
Canadian Student Loan Program
Cappex List of Scholarships
Chicago Injury Center Annual Scholarship Fund for Disabled Veterans
Chinese American Medical Society Scholarship Program
Chinese American Physicians' Society (CAPS) Scholarship Program for U.S. Medical Students
Clark University Merit Scholarships
Clark University Steinbrecher Fellowship Program
Clark University Transfer Student Scholarships
Cobell Scholarship Program for American Indian or Alaska Native Students
College Grants Database
College Scholarship Guide
Community Foundation of Western Massachusetts Scholarships
Congressional Hispanic Caucus Institute (CHCI) Scholarship Program
Connecticut Higher Education Supplemental Loan Authority (CHESLA)
Cost of Applying to Medical School
Credit Score and Medical Student Loans: What Premeds Should Know
CSFAA Financial Aid Modules for Osteopathic Medical School Students
David Geffen Medical Scholarships
Dealing With Medical School Debt
Debt Management; Before Applying to Medical School; After You Are Accepted to Medical School
Decreasing Medical School Costs
Dental Scholarship Links
Direct PLUS Loans for Graduate and Professional Students
Discover Health Professions Student Loans
Doctor on Demand Scholarship
Doctors for Maine's Future Scholarship
EdFed Education Loans
Ed-Invest Education Loans
Emergency Nurses Association Foundation Scholarship Opportunities
Equity for "DREAMers" in Medical School Admissions
Ethnic and Minority Scholarships
FAFSA Ultimate Guide
FastWeb Scholarship Search; Graduate School Scholarship Search
Federal Employee Education and Assistance Fund Scholarships
Federal Financial Student Aid Programs for Veterans
Federal Nursing Student Loans
Federal Student Aid Information
Federal Student Loans Guide
Federal vs. Private Education Loans
F. Edward Hébert Armed Forces Health Professions Scholarship Program
Field of Study Scholarships (select "Health Professions and Clinical Sciences")
Finance a Medical School Education
Financial Aid Application Process
Financial Aid FAQ
Financial Aid for First-Generation College Students
Financial Aid for Graduate and Professional Degree Students
Financial Aid for Hispanic Students
Financial Aid for Medical School
Financial Aid for Medical School Advice
Financial Aid for Medical School Guide
Financial Aid for Minority Students
Financial Aid for Native American Students
Financial Aid for Online Schools
Financial Aid for Women
Financial Aid Guide for Healthcare Careers
Financial Aid Information
Financial Aid Links for Graduate/Professional School
Financial Aid Opportunities for Minority Students
Financial Aid Planning Guide
Financial Aid Resources
Financial Aid Resources (compiled by Georgetown University School of Medicine)
Financial Aid: The SmartStudent Guide to Financial Aid
Financial Literacy Resources
Financial Planning for Medical School
Financial Tips for Medical School
First-Generation College Student Grants and Scholarships
First-Generation College Student Scholarship Info
First-Generation College Student Scholarship Information
First-Generation College Student Scholarships
First-Generation Low-Income (FGLI) College Student Resource List
Free Application for Federal Student Aid (FAFSA)
Free Scholarship Searches
Gallagher Student Health Careers Scholarship Program
Geneseo Migrant Center Scholarships
Georgetown University Academy for Research, Clinical, and Health Equity Scholarship (ARCHES) Program (Undergraduate Student Internship)
Global Student Loan Corporation
GoodCall Scholarship Search
Grants for Medical Students
Grad Student Loans
Graduate Financial Aid
Graduate School Financial Aid
Graduate School Scholarship Resources
Graduate School Scholarships
Graduate Student Financial Aid Guidebook
Graduate Student Loans
Graduate School Loans Comparison
Graduate Student Loans Guide
Graduating Debt Free Guide
Harry S. Truman Scholarship
Healthcare Administration Scholarships
Healthcare Scholarships Guide
Health Care Student Loans
Health Professions Student Loans
Health Research and Educational Trust of New Jersey Health Career Scholarship
Hellenic Medical Society of New York Scholarship
Higher Education Resources for Veterans
Hispanic and Latino Student Scholarships
Hispanic Dental Association Foundation (HDAF) Scholarship Programs
Hispanic Scholarship Fund Scholarships
Hispanic Scholarships
Hispanic Student Scholarships and Financial Resources Guide
Horace Smith Fund Walter S. Barr Fellowships (for Hampden County [MA] residents)
Horatio Alger Association Scholarships
Illinois College of Optometry Scholarships
Illinois Department of Public Health Center for Rural Health Medical Student Scholarship Program (for Illinois residents)
Income-Based Repayment (IBR) Information for Federal Student Loans
Indian Health Service Scholarship Program
Insurance Providers Look Twice, Save a Life Scholarship
International Education Financial Aid (IEFA)
International Financial Aid Resources and Information
International Scholarships
International Student Loan Center
Japanese Medical Society of America Scholarships
Jewish Federation of Greater Philadelphia Educational Loan and Scholarship Funds Working Parent College Scholarship Program
Korean American Scholarship Foundation Scholarship
Kosciuszko Foundation Scholarships
Latino Medical Student Association (LMSA) Scholarships
Latino Medical Student Association-Northeast (LMSA-NE) Scholarships
Latino Scholarships
League of United Latin American Citizens (LULAC) National Education Service Centers (LNESC) Scholarships
Leopold Schepp Foundation Scholarship
LGBTQ Student Scholarships and Financial Aid
Loan Repayment/Forgiveness and Scholarship Programs
Low-Income and/or First-Generation Students Nonprofit Support Organizations List (by state)
Low-Income College Students Opportunities and Resources Guide
Mabelle Arole Fellowship
M.A. Cartland Shackford Medical Fellowship (scroll down to section "For Women Graduates of Any American Institution")
Maine Dental Education Loan Program
Maine Health Professions Loan Program
Maine Medical Loan (Maine Educational Loan Authority)
Maine Loan (Maine Educational Loan Authority)
Maine Veterinary Medicine Loan Program
Mapping Your Future
Margaret McNamara Memorial Fund (MMMF) Educational Grant Program
Marine Corps Scholarship Foundation
Massachusetts Department of Higher Education Office of Student Financial Assistance State Financial Aid Programs
Massachusetts Educational Financing Authority
Massachusetts Medical Society Scholarship Information
Medical and Health Student Scholarships
Medical and Nursing Scholarships
Medical Assistant Scholarships
Medical Help Network List of Scholarships
Medical Scholarships Around the World
Medical School and Health Professions Scholarships, Fellowships and Postdoctoral Awards
Medical School Application Fees
Medical School Costs for Non-traditional Students
Medical School Debt
Medical School Debt Guide
Medical School Debt Management
Medical School Debt Reduction
Medical School Debt Repayment Guide
Medical School Expense Navigation
Medical School Financial Aid
Medical School Financial Aid Guide
Medical School Grants
Medical School Loan Info
Medical School Loan Repayment
Medical School Loans (MSL)
Medical School Loans: Refinancing and Borrowing
Medical School Loans Repayment Options
Medical School Scholarship Aid
Medical School Scholarships
Medical School Scholarships Around the World
Medical School Scholarships: Where You Should Look For Funding
Medical Scientist Training Programs (MSTP)
Medical Student Loan Management
Microsoft Scholarship Program
Military Affiliation Scholarships
Military Enrollment to Pay for Medical School
Military Student Aid
Minority Nursing Scholarship
Minority Scholarship Listing
Minority Scholarships
Minority Scholarships, Fellowships and Summer Research Internships
Minority Student Scholarships
Money and Finances
MoneyGeek Scholarship Search
NAACP Scholarships
National Arab American Medical Association (NAAMA) Foundation Scholarship
National Association of Medical Minority Educators (NAMME) National Scholarship
National Association of Student Financial Aid Administrators (NASFAA) State Financial Aid Programs
National Congress of American Indians (NCAI) Native Graduate Health Fellowship
National Data Base of Scholarships
National Dental Association Foundation (NDAF) Scholarships
National Health Service Corps (NHSC) Scholarship Program; NHSC Loan Repayment Program; NHSC Students to Service Loan Repayment Program
National Hispanic Health Professional Student Scholarship Program
National Indian Education Association (NIEA) Scholarship Opportunities
National Institutes of Health (NIH) Undergraduate Scholarship Program
National Italian American Foundation (NIAF) Scholarship Program
National Medical Fellowships (NMF) Scholarships and Awards
National Oceanic and Atmospheric Administration (NOAA) Ernest F. Hollings Scholarship
National Student Loan Data System (NSLDS)
Native Hawaiian Health Scholarship
Navy Health Care Careers
New Hampshire Charitable Foundation Scholarships
New Hampshire Higher Education Loan Corporation (NHHELCO) EDvestinU Loan Program
NURSE Corps Scholarship Program; Loan Repayment Program Nursing Scholarship
Nursing Scholarship List
Nursing Scholarships
Nursing Scholarships and Financial Aid
Nursing School Education Funding Information
Nursing School Student Loans
Organization of Chinese Americans (OCA) Scholarship Program
Organizations and Programs Providing Scholarships for Cancer Patients and Cancer Survivors Scholarship Search
Pay for Medical School (Med School Pulse)
Pay for Medical School (U.S. News & World Report)
Pay for Medical School Guide
Pay Off Your Med School Debt
Paying for a Veterinary Medical Education
Paying for Graduate School
Paying for Graduate School (GoGrad)
Paying for Medical School
Paying for Medical School and Repaying Medical School Debt
Paying for Medical School Infographic
Paying for Medical School Links
Paying for Medical School Without Breaking the Bank
Paying for Nursing School Guide
Paying for Your Master's Degree
Paying Medical Student Loans Article
Paying Off Medical School Debt
Paying Off Student Loans Tips
Peace Corps
Peterson's Graduate School Scholarship Search
Physician Loan Repayment Guide
Polish Junior League of Massachusetts Scholarship
Private Medical Schools Awarding the Most Financial Aid
Private Student Loans
Private Student Loans Guide
Professions That Pay for College Tuition
Public Health Career Funding
Public Health Grants and Scholarships
Public Medical Schools Awarding the Most Financial Aid
Questions Pre-Meds Should Ask Medical School Financial Aid Officers
Resources for Scholarships and Other Financial Assistance for Veterans
Rhode Island Educational Loan Repayment Program for Primary Care Providers
Rhode Island Scholarship Search
Rhode Island Student Loan Authority Nursing Reward Program
Rhode Island Student Loan Authority Student Loan
Ron Brown Scholarship Program Additional Scholarship Resources
Sallie Mae Graduate Student Loans
Sallie Mae Medical Student Loans
SALT Money Knowledge Resources for Students
SamFund Grant Application for Young Adult Survivors of Cancer
Samuel Huntington Public Service Award
Scholarship and Financial Aid Scams
Scholarship Directory
Scholarship Finder for the Military Community
Scholarships for Healthcare Students
Scholarships for Medical and Health Students
Scholarship for Nursing Students
Scholarship Foundation of Santa Barbara Scholarship Program
Scholarship Information
Scholarship, Loan Repayment and Forgiveness Programs for Veterinary Medical Education Loans
Scholarship Resources for Students in Healthcare Fields
Scholarship Scam Guide
Scholarship Scams
Scholarship Search
Scholarship Search Listing
Scholarship Search Sites
Scholarships and Fellowships for Graduate Students
Scholarships and Financial Aid for Hispanic Students
Scholarships and Financial Aid for Minority Students
Scholarships and Financial Aid for Students with Disabilities
Scholarships and Financial Aid for Women
Scholarships and Financial Aid Guide for Students with Disabilities
Scholarships and Financial Resources for Black Students
Scholarships and Grants for Asian-American Students
Scholarships and Grants for Native American Students
Scholarships and Grants for Single Moms
Scholarships and Grants for Students with Disabilities
Scholarships and Loans
Scholarships By State
Scholarships By Type
Scholarships for African American Students
Scholarships for Black College Students
Scholarships for College
Scholarships for Disadvantaged Students
Scholarships for Grad Students
Scholarships for Health Care Students
Scholarships for Hispanic and Latino Students
Scholarships for Minorities
Scholarships for Native American Students
Scholarships for Native Americans
Scholarships for Student Caregivers
Scholarships for Student Parents
Scholarships for Students with Disabilities
Scholarships for Students with Disabilities
Scholarships for Vermonters
Scholarships for Women
Scholarships for Women Guide
Scholarships for Women Info
Scholarships for Women Information
Scholarships from African-American Colleges and Universities
Scholarships Guide
Scholarships to Give Your Medical Education a Shot in the Arm Future of Assisted Living Scholarship Aging Matters Scholarship
Service-based Loan Repayment Programs
Service-based Scholarship Advice
Sherry R. Arnstein Minority Student Scholarship Program (for osteopathic medicine)
Society for Advancement of Chicanos and Native Americans in Science (SACNAS) Grad Student Scholarships
Sons of Italy Foundation (SIF) Order Sons of Italy in America (OSIA) Scholarships
State and Other Loan Repayment/Forgiveness and Scholarship Programs
State Educational Benefits for Veterans
State of Residence Scholarships
State-Specific Scholarships Resource List
State University of New York College of Optometry Scholarships (scroll down to "Scholarships")
Stay Financially Healthy During Medical School
STEM Scholarship Guide
Stephen Phillips Memorial Scholarship Fund
Student Aid for Military Families
Student Debt Advice
Student Financial Aid Guide for Veterans
Student Loan Debt Management
Student Loan Debt Relief Hacks
Student Loan Debt Should Not Deter You from Medical School
Student Loan Facts
Student Loan Forgiveness and Cancellation Summary
Student Loan Forgiveness Is Making Primary Care More Attractive
Student Loan Forgiveness Programs and Options
Student Loan Guidebook
Student Loan Information
Student Loan Management Tools
Student Loan Mistakes to Avoid
Student Loan Payment Preparation
Student Loan Repayment Guide for Doctors
Student Loans
Student Loans: An Overview
Student Loans for Caribbean Medical Schools
Student Loans for Medical School
Student National Dental Association Scholarships
Student National Pharmaceutical Association Scholarships (scroll down to "scholarship/award forms")
Student Osteopathic Medical Association (SOMA) Scholarship List
Take Charge of Your Finances
Teach for America Graduate School Partnerships
TheDream.US Scholarships Nursing Education Scholarship
Tylenol Future Care Scholarship
UCLA Scholarship Resource Center Scholarship Search Databases
Udall Native Health Care Undergraduate Scholarship
Ultimate Guide to the FAFSA
Understanding and Building Your Credit Score: The Guide for College Students
United Negro College Fund (UNCF); UNCF Scholarships
University of Houston College of Optometry Scholarships
U.S. Air Force Health Professions Scholarship Program
U.S. Army Veterinary Corps Health Professions Scholarship
U.S. Department of Health and Human Resources Health Resources and Services Administration Health Professions Loans and Scholarships
U.S. Department of Veterans Affairs Health Professional Scholarship Program
Using Personal Loans as an Adult Learner
Vanderbilt University (School of Medicine and School of Nursing) Bass Military Scholars Program
Vermont Student Assistance Corporation (VSAC) Vermont Advantage Loan
Veteran Scholarships
Veterans United Foundation Scholarship
Veterinary Medical Education Financing
Veterinary Medical Education Payment Guide
Veterinary Medical School Scholarships
Vital Impact Scholarships for Women Over 35
Wells Fargo Student Loans for Medical School and Health Professionals Scholarship Search
Worcester District Medical Society Scholarship Fund
ZipRecruiter Scholarship