What are the realities? The cost of a medical school education keeps rising. Today, four years of med school can easily put a med student $200K in debt.
How are these costs affecting the physician marketplace?
Society needs more physicians in primary care, which doesn’t pay as much as certain niche specialties. The high cost of medical school pushes some medical students into those specialties so that young doctors can recoup their investment. Furthermore, medical schools have wanted to diversify their populations to improve access for populations that have been underrepresented in medicine. Again, those populations find the med school price tag daunting if not insurmountable.
Medical schools are beginning to respond to this reality by offering ways to reduce or eliminate the cost of med ed, and future doctors’ debt load. Some schools are offering students the ability to study tuition-free, while others are offering tuition-free plus subsidy to make the process “debt-free.”
Medical schools differ in terms of the availability of these options. Some schools like Geisinger or Stanford make them available to a limited number of students, while others cover all students in their program. For some, like Kaiser Permanente, there is a time limit on the offer. And for some, like NYU, it’s all students and there is no time limit.
The first med school to offer a tuition-free medical education was NYU Grossman School of Medicine. In 2018 NYU announced a plan to cover full tuition for all medical students, regardless of merit or financial need. Others soon followed suit.
Tuition-free/debt-free medical schools
Here is a list of medical schools currently offering tuition-free/debt-free scholarship programs:
If you attend or know of a school that has a tuition-free or debt-free program, please let us know so we can keep this list current.
Would you like to attend medical school tuition-/debt-free? Getting paired with one of our admissions consultants will ensure that everything from your application and essay to your personal interview works together to get you ACCEPTED. We’ve helped our clients win more than $1 million in scholarships and funding over the last year. We can help you too.
For 25 years, Accepted has helped applicants gain acceptance to their dream healthcare programs. Our outstanding team of admissions consultants features former admissions directors, admissions committee members, pre-health advisors, postbac program directors, and doctors. Our staff has guided applicants to acceptance at allopathic (MD) and osteopathic (DO) medical schools, residencies and fellowships, dental school, veterinarian school, and physician assistant programs at top schools such as Harvard, Stanford, Penn, UCSF, Johns Hopkins, Columbia, and many more. Want an admissions expert to help you get Accepted? Click here to get in touch!
Related Resources:
- Navigate the Med School Maze, a free guide
- Medical School Selectivity Index: Are You a Competitive Applicant to Your Dream School?
- What’s the Cost of Applying to Med School?
This article was originally posted on blog.accepted.com.
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