I just got an email from Yale:
"Dear ----,
Congratulations on your hard work and success on the MCAT. We know that you have many choices to consider when it comes to medical school—and we want Yale School of Medicine (YSM) to be a part of that consideration.
Since 1810, YSM has been educating future physicians and is the sixth oldest medical school in the country. At the heart of our medical education is the
Yale System, which emphasizes collaborative learning, provides
curricular flexibility and allows students time to focus on their career interests as well as engage in independent research. In fact, writing a thesis based on original research is a cornerstone of the Yale System dating back to 1839. But we urge you to consider YSM for one other poignant reason: our
financial aid.
YSM is committed to making medical school affordable by meeting 100% of every applicant’s demonstrated need. This means graduating with less debt than the average new physician. To illustrate: in 2017 YSM graduates had an average debt of $121k—36% less than the average U.S. medical school graduate who shoulders
$192k in debt.
How does this translate? If your annual family income is <=$125,000, your parent contribution from income will be $0 (there may still be a contribution from assets); additional allowances will be made for families with incomes from $125,000—$165,000; the unit loan borrowing expectation has been lowered to $23,000. This means
YSM is affordable for students with the greatest need.
Example: Family with full financial need
YSM Total Cost: $86,647 (includes tuition, room & board, healthcare, fees & expenses)
Family Income: $120,000
Family Contribution: $0
Unit Loan: $23,000 (required borrowing for students receiving financial aid)
YSM Scholarship: $63,647 (i.e. gift aid that you do not have to repay)
** In the above example, the student debt at graduation will be <$100k.
To help you get to know YSM better, please see our
Facts and Figures brochure. We encourage you to learn more about our
educational philosophy, patient care, and research, too. We hope you seriously consider pursuing your medical education with us and look forward to receiving your application.
AMCAS Application Deadline: October 15, 2018
Yale Secondary Application Deadline: November 15, 2018
We wish you all the best.
Yale School of Medicine—Office of Admissions""
I was not planning on applying here but do you think it is worth the shot since I got that email?
