Learn About the Most Popular Federal Student Loan Programs, FAFSA for Grad School: What’s Different—and What’s Not. These figures apply to students with resident status at their respective schools. These programs offer eligible students the opportunity to earn a medical degree, with no out of pocket costs for tuition. Private loans may offer fixed or variable interest rates and rather than being need-based, your ability to qualify hinges largely on factors such as your income and credit score. According to Medscape's 2019 Physician Compensation Report, the average overall physician salary is $313,000. The medical schools listed below are tuition-free but consider other medical school costs and fees such as insurance and and living expenses. In an ideal scenario, you and your parents would be able to pay using savings, either from a tax-advantaged 529 college savings plan, Coverdell Education Savings Account, savings bonds, high-yield savings account or CD account. Average Cost of Medical School. Cast the net wider for scholarships and grants In addition to federal scholarships, you should be looking high and low for scholarships and grants to pay your way through medical school. The first med school to offer a tuition-free medical education was NYU … Overall, 73% of medical school grads leave school with student debt in tow., If you're considering student loans to pay for medical school, start with your federal loan options. 1) New York University School of Medicine, 2) New York University Long Island School of Medicine, 3) Washington University School of Medicine (half of students will attend tuition-free), 4) Kaiser Permanente School of Medicine (free tuition for all students in entering classes of 2020-2024). You must also consider your personal circumstances as a medical student, room and board preferences, and living expenses, to determine your overall cost of living. Sign up for a free 15 minute consultation. Accessed Sept. 25, 2020. Out-of-state tuition & fees: $79,764 Schedule a Free 15 Minute Consultation with a MedEdits expert. 1) Geisel School of Medicine at Dartmouth (NH), 2) Tufts University School of Medicine (MA), 3) Perelman School of Medicine University of Pennsylvania (PA), 4) Stanford University School of Medicine (CA), 6) Columbia University Vagelos College of Physicians and Surgeons (NY), 7) Brown University The Warren Alpert Medical School (RI), 8) Tulane University School of Medicine (LA), 10) Case Western Reserve University School of Medicine (OH). Accessed Sept. 25, 2020. This article gives you a detailed information about the average cost of a medical college, how to plan for a medical career and the methods you can adopt for financial assistance. Caribbean and International Student Packages, University of Florida Medical Honors Program (MHP), Tufts University Traditional MD Early Assurance Program, Early Assurance to Albany Medical College MD Program, FlexMed Early Admission Ichan School of Medicine, SUNY Upstate Early Assurance Program (EAP) for College Sophomores, The University of Pittsburgh School of Medicine’s Guaranteed Admit Program (GA), Post Bacc & Special Masters Program Consulting, Premedical Post Baccalaureate or Special Masters Program Packages, Allopathic (MD) Medical School Admissions Success, Osteopathic (DO) Medical School Admissions Success, Premedical and Medical School Admissions Articles, University of Illinois College of Medicine (IL), University of South Carolina School of Medicine – Greenville (SC), University of South Carolina School of Medicine – Columbia (SC), University of South Dakota Sanford School of Medicine (SD), University of Utah School of Medicine (UT), University of Connecticut School of Medicine (CT), University of Hawaii John A. Burns School of Medicine (HI), University of Maryland School of Medicine (MD), Oregon Health & Science University School of Medicine (OR), Stony Brook University Renaissance School of Medicine (NY), University of Kentucky College of Medicine (KY), Florida International University Herbert Wertheim College of Medicine (FL), University of Tennessee Health Science Center College of Medicine (TN), East Tennessee State University Quillen College of Medicine (TN), Medical University of South Carolina College of Medicine (SC), University of Missouri – Columbia School of Medicine (MO), Central Michigan University College of Medicine (MI), Geisel School of Medicine at Dartmouth (NH), Florida Atlantic University Charles E. Schmidt College of Medicine (FL), SUNY – Buffalo Jacobs School of Medicine and Biomedical Sciences (NY), University of Arkansas for Medical Sciences College of Medicine (AR), SUNY – Downstate Medical Center College of Medicine (NY), Geisinger Commonwealth School of Medicine (PA), The University of Toledo College of Medicine and Life Sciences (OH), University of Colorado School of Medicine (CO), The University of Vermont Larner College of Medicine (VT), Perelman School of Medicine University of Pennsylvania (PA), Columbia University Vagelos College of Physicians and Surgeons (NY), University of Massachusetts Medical School (MA), University of Alabama School of Medicine (AL), Brown University The Warren Alpert Medical School (RI), Tulane University School of Medicine (LA), University of Washington School of Medicine (WA), University of Kansas School of Medicine (KS), Case Western Reserve University School of Medicine (OH), Rutgers Robert Wood Johnson Medical School (NJ), University of Southern California Keck School of Medicine (CA), Northwestern University The Feinberg School of Medicine (IL), University of Nevada Las Vegas School of Medicine (NV), Ponce Health Sciences University School of Medicine (PR), Louisiana State University – New Orleans School of Medicine (LA), George Washington University School of Medicine and Health Sciences (DC), Nova Southeastern University Dr. Kiran C. Patel College of Allopathic Medicine (FL), University of Pittsburgh School of Medicine (PA), University of Missouri – Kansas City School of Medicine (MO), Indiana University School of Medicine (IN), University of South Alabama College of Medicine (AL), University of North Carolina at Chapel Hill School of Medicine (NC), University of Rochester School of Medicine and Dentistry (NY), Sidney Kimmel Medical College at Thomas Jefferson University (PA), Quinnipiac University Frank H. Netter MD School of Medicine (CT), Virginia Commonwealth University School of Medicine (VA), Louisiana State University – Shreveport School of Medicine (LA), Boston University School of Medicine (MA), Florida State University College of Medicine (FL), Medical College of Georgia at Augusta University (GA), Loyola University of Chicago Stritch School of Medicine (IL), Chicago Medical School at Rosalind Franklin University of Medicine and Science (IL), Creighton University School of Medicine (NE), Temple University Lewis Katz School of Medicine (PA), Vanderbilt University School of Medicine (TN), Drexel University College of Medicine (PA), University of Chicago Pritzker School of Medicine (IL), Albert Einstein College of Medicine of Yeshiva University (NY), University of Virginia School of Medicine (VA), Marshall University Joan C. Edwards School of Medicine (WV), University of Nevada Reno School of Medicine (NV), University of Iowa Carver College of Medicine (IA), Icahn School of Medicine at Mount Sinai (NY), University of Michigan Medical School (MI), University of North Dakota School of Medicine and Health Sciences (ND), University of Nebraska College of Medicine (NE), Johns Hopkins University School of Medicine (MD), Western Michigan University School of Medicine (MI), Saint Louis University School of Medicine (MO), Michigan State University College of Human Medicine (MI), Meharry Medical College School of Medicine (TN), Loma Linda University School of Medicine (CA), Wright State University Boonshoft School of Medicine (OH), University of Central Florida College of Medicine (FL), The Ohio State University College of Medicine (OH), University of Arizona College of Medicine – Tucson (AZ), Virginia Tech Carilion School of Medicine and Research Institute (VA), University of Arizona College of Medicine – Phoenix (AZ), Hofstra Northwell School of Medicine (NY), University of California – Davis School of Medicine (CA), Oakland University William Beaumont School of Medicine (MI), Rush Medical College of Rush University (IL), University of Minnesota Medical School (MN), Wayne State University School of Medicine (MI), Hackensack-Meridian School of Medicine at Seton Hall University (NJ), Stanford University School of Medicine (CA), Washington University School of Medicine (MO), University of Oklahoma College of Medicine (OK), Cooper Medical School of Rowan University (NJ), University of Louisville School of Medicine (KY), West Virginia University School of Medicine (WV), Georgetown University School of Medicine (DC), California Northstate University College of Medicine (CA), Washington State University Elson S. Floyd College of Medicine (WA), University of Wisconsin School of Medicine and Public Health (WI), University of South Florida Health Morsani College of Medicine (FL), Pennsylvania State University College of Medicine (PA), University of California – Los Angeles David Geffen School of Medicine (CA), University of California – San Francisco School of Medicine (CA), University of California – Irvine School of Medicine (CA), University of California – Riverside School of Medicine (CA), University of California – San Diego School of Medicine (CA), University of Cincinnati College of Medicine (OH), University of Florida College of Medicine (FL), University of Miami Miller School of Medicine (FL), University of New Mexico School of Medicine (NM), Universidad Central Del Caribe School of Medicine (PR), Howard University College of Medicine (DC), University of Texas Medical Branch School of Medicine (TX), University of Texas School of Medicine at San Antonio (TX), University of Texas at Austin Dell Medical School (TX), University of Texas Southwestern Medical School (TX), San Juan Bautista School of Medicine (PR), University of Texas Rio Grande Valley School of Medicine (TX), Texas A&M Health Science Center College of Medicine (TX), Texas Tech University Health Sciences Center Paul L. Foster School of Medicine (TX), University of Texas McGovern Medical School at Houston (TX), Texas Tech University Health Sciences Center School of Medicine – Lubbock (TX), Uniformed Services University of the Health Sciences F. Edward Hebert School of Medicine (MD), California University of Science and Medicine (CA), Mercer University School of Medicine (GA), Southern Illinois University School of Medicine (IL), University of Mississippi School of Medicine (MS), East Carolina University Brody School of Medicine (NC), University of Puerto Rico School of Medicine (PR), Medical School Application Articles and Resources, Residency Personal Statement and Residency Match Articles, Residency Application Articles and Resources, data for medical school cost for every medical school, 10 Most Expensive Private Medical Schools in the United States (2020), 10 Cheapest Medical Schools in the United States for In State Students (2020), Medical School Tuition and Medical School Cost for Every U.S. Allopathic Medical School (2020), Perelman School of Medicine University of Pennsylvania, Columbia University Vagelos College of Physicians and Surgeons, Brown University The Warren Alpert Medical School, Case Western Reserve University School of Medicine, University of Puerto Rico School of Medicine, Texas Tech University Health Sciences Center School of Medicine, Texas Tech University Health Sciences Center Paul L. Foster School of Medicine, Texas A&M Health Science Center College of Medicine, University of Texas Rio Grande Valley School of Medicine, University of New Mexico School of Medicine, University of Texas School of Medicine at San Antonio, University of Texas at Austin Dell Medical School, University of Texas Southwestern Medical School, University of Texas McGovern Medical School at Houston, New York University Long Island School of Medicine, How To Write The Residency Letter of Intent (2020-2021), AMCAS Work & Activities Section 2020-2021 (With Examples): The Ultimate Guide, Medical School Admissions Consulting Lessons Learned 2020-2021, How To Master The Medical School Personal Statement.