Cost of Attendance

A tuition-free medical school

One school is making medical school more affordable by offering full-tuition scholarships to all students.

Students enrolled at New York University School of Medicine will receive a full-tuition scholarship, regardless of merit or financial need.

Tuition for the 2018-19 academic year for students pursuing a four-year MD degree is normally $55,018. Students will still need to pay for other costs associated with the medical school—such as USLME fees, books, supplies, room and board and other fees—which NYU School of Medicine estimates to be between $27,000 and $29,000 depending on individual circumstances.

The aim for the free-tuition scholarship program is to encourage medical students to choose a specialty that best fits their talents in order to treat underserved communities better and to make scientific research a priority to enhance patient care, according to NYU’s website.

The 2016-2017 AACOM Academic Year Survey of Graduating Seniors Summary reported, “Debt Level” was one of the least influential factors for choosing a specialty.

According to U.S. News and World Report, 7 out of the top 10 least expensive private medical schools for 2017-2018 are colleges of osteopathic medicine. The average debt of osteopathic medical students upon 2017 graduates is $247,218

Additional reading:

7 of the top 10 least expensive private medical schools are DO schools

How to finish medical school with less debt

Physicians with high debt more likely to work in underserved areas

Student debt: With federal loan rates set to rise, is refinancing right for you?

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