Concerns about the cost of attending medical school and repaying loans play a large part in selecting a medical school, or even deciding to attend medical school. However, we believe it is vital that the medical field reflects the population it serves, and therefore have structured and funded our financial policies to reduce students’ debt burden and encourage students of all backgrounds to pursue their passion for research, patient care, and education at Yale.
Admitted MD students who qualify for need-based aid commit to a $15,000 annual student loan. Yale covers the remainder of your calculated need in the form of a scholarship, which does not have to be repaid. Over four years, this results in loan debt of $60,000, which is significantly lower than the national median of over $200,000.
Deciding how you are going to manage a financial plan for funding your medical school education is a major undertaking that requires solid information and careful planning.
This website walks you through the process of applying for financial aid, listing all the materials you will need to complete, as well as important deadlines. It also contains information about available loans and scholarships.
We recommend that applicants who plan to apply for financial aid have their FAFSA (Free Application for Federal Student Aid) and CSS Profile Application (if applicable) on file with us before the time of acceptance.
To assist you with the financial aid process, we have created a checklist of the materials you need to complete.
INTERNATIONAL STUDENTS: Please visit this section to learn how to apply for financial aid if you are not a permanent resident or citizen of the US.
Students receiving financial aid packages must also maintain yearly Satisfactory Academic Progress (SAP).
Please be aware of our recommended deadline date. If your financial aid application is not completed by the deadline, you may not have your financial aid award in time.
- New Students:
- February 25th - MD and Campus PA
- September 1st - PA Online
- Returning Students: April 15th
Please check your Yale SIS account for missing documents and award information.
IMPORTANT: When providing international taxes, please make sure documents are notarized and all amounts are transcribed to US currency. Failure to do so will result in your application being returned to you as incomplete.
The total cost of attending medical school includes tuition, room and board, books, transportation, health insurance and other expenses. The School of Medicine calculates aid based on an estimated cost of attendance, with allowances added for married students and/or students with dependents.
It is important to note that the first year budget is based on ten months and the last year budget is based on nine months.
The following pages give applicants and students a summary of current and past cost of attending the School of Medicine for one academic year.
Do You Need Accessibility Help?
If you need assistance with any of the resources on this page, please reach out directly to:
Senior Administrative Assistant
Office of Financial Aid
Yale Medical School