Scholarships & Loans
The School of Medicine is committed to providing as much scholarship aid as possible to students in need. Most School of Medicine scholarship funds come from income generated by the school’s endowment.
Yale-Based Aid
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.
Military & VA Benefits
External Scholarship Resources
The School of Medicine is committed to providing as much scholarship aid as possible to students in need. Most School of Medicine scholarship funds come from income generated by the school’s endowment.
Students may also receive scholarships specifically defined to cover their education costs, such as the MD/PhD program, an Armed Forces Scholarship, the National Health Service Corps Scholarship or the Jack Kent Cooke Scholarship. Admitted MD students can qualify for a need-based Yale Scholarship. Such scholarships increase the student's available resources, which in turn decreases the student's need.
Loan Information
Yale School of Medicine Student Emergency Aid Fund
The Yale School of Medicine Student Emergency Aid Fund is designed to provide short-term financial assistance to students enrolled in the MD, MD/PhD, Physician Associate, and Physician Assistant Online programs who are struggling with unanticipated or emergency financial situations.
Unlike a loan, students are not expected to repay awards from the Student Emergency Aid Fund.