MD Program Financial Aid

Concerns about the cost of attending medical school and repaying loans play a large part in deciding to attend medical school. At Yale, 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.

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. Start with our Frequently Asked Questions.

Beginning in academic year 2023-2024, admitted MD students who qualify for need-based aid commit to a $10,000 annual student loan. Yale covers the remainder of your calculated need–including costs for room, board, and expenses–in the form of a scholarship, which does not have to be repaid. Over four years, this results in loan debt of $40,000, which is significantly lower than the national median of over $200,000.