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April 5, 2020

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Tuition-Free Medical School: Everything You Need to Know in 2020-21

Tuition-free medical school- Everything you need to know in 2020-21

The financial realities of a top-notch medical education are definitely having undesirable consequences for society and young physicians. And some of those consequences are directly opposed to stated goals of most medical schools. 

What are the realities? The cost of a medical school education keeps rising. Today, four years of med school can easily put a med student $200K in debt. 

How are these costs affecting the physician marketplace? 

Society needs more physicians in primary care, which doesn’t pay as much as certain niche specialties. The high cost of medical school pushes some medical students into those specialties so that young doctors can recoup their investment. Furthermore, medical schools have wanted to diversify their populations to improve access for populations that have been underrepresented in medicine. Again, those populations find the med school price tag daunting if not insurmountable. 

Medical schools are beginning to respond to this reality by offering ways to reduce or eliminate the cost of med ed, and future doctors’ debt load. Some schools are offering students the ability to study tuition-free, while others are offering tuition-free plus subsidy to make the process “debt-free.” 

Medical schools differ in terms of the availability of these options. Some schools like Geisinger or Stanford make them available to a limited number of students, while others cover all students in their program. For some, like Kaiser Permanente, there is a time limit on the offer. And for some, like NYU, it’s all students and there is no time limit.

The first med school to offer a tuition-free medical education was NYU Grossman School of Medicine. In 2018 NYU announced a plan to cover full tuition for all medical students, regardless of merit or financial need. Others soon followed suit.

Tuition-free/debt-free medical schools

Here is a list of medical schools currently offering tuition-free/debt-free scholarship programs:

Medical SchoolScholarship CoversWho Receives Scholarship
Geisinger Commonwealth School of MedicineFree tuition
Fees
Living stipend of $2,000/month
40 students selected from each incoming class who agree to stay at Geisinger for 4 years after finishing residency.
Criteria include financial need, academic merit, diversity, experience serving their communities, and predictors of whether the applicant is likely to remain in Geisinger’s service area,
Icahn School of Medicine at Mount SinaiCapping debt at $75,000Students with demonstrated financial need
Kaiser PermanenteFree tuitionFirst 5 graduating classes (beginning with entering class of 2020)
NYU Grossman School of MedicineFree tuitionAll students
Stanford University School of MedicineFree tuition
Fees
Living expenses
Students qualifying for financial aid
Washington University School of MedicineFull scholarships for up to half of its new students, partial scholarships for the restDecisions made on both financial need and academic merit
Weill Cornell MedicineFree tuition
Housing & living expenses
Students qualifying for financial aid

If you attend or know of a school that has a tuition-free or debt-free program, please let us know so we can keep this list current. 

Would you like to attend medical school tuition-/debt-free? Getting paired with one of our admissions consultants will ensure that everything from your application and essay to your personal interview works together to get you ACCEPTED. We’ve helped our clients win more than $1 million in scholarships and funding over the last year. We can help you too.

Watch our Q&A, How Will COVID-19 Impact Your Med School Admissions Journey?

AcceptedFor 25 years, Accepted has helped applicants gain acceptance to their dream healthcare programs. Our outstanding team of admissions consultants features former admissions directors, admissions committee members, pre-health advisors, postbac program directors, and doctors. Our staff has guided applicants to acceptance at allopathic (MD) and osteopathic (DO) medical schools, residencies and fellowships, dental school, veterinarian school, and physician assistant programs at top schools such as Harvard, Stanford, Penn, UCSF, Johns Hopkins, Columbia, and many more. Want an admissions expert to help you get Accepted? Click here to get in touch!

Related Resources:

  • Navigate the Med School Maze, a free guide
  • Medical School Selectivity Index: Are You a Competitive Applicant to Your Dream School?
  • What’s the Cost of Applying to Med School?


Article by Accepted / Medical School Admissions / gcsom, Icahn SOM, Kaiser Permanente School of Medicine, Med Financial Aid, NYU Medical School, Stanford University School of Medicine, UWSOM, Weill Cornell

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