Financial Aid at Alpert Medical School
The Alpert Medical School (AMS) Office of Financial Aid is dedicated to assisting students who may not have the financial resources to meet the full cost of attending medical school. When a student and his or her family have a demonstrated financial need, a variety of financial aid options are available from AMS institutional and external sources.
A student's financial aid need is assessed yearly and the composition of their aid package is based upon program eligibility criteria, availability of funds and a student's documented level of financial need. Financial aid awards may be offered in the form of need-based scholarship gifts or interest-deferred loans, and may be derived from external sources, such as Federal student aid programs, or directly from the university in the form of institutional scholarship and loan funding.
For the 2012-2013 academic year, the AMS aid program offered our students a competitive and generous financial aid package. Our aid program included $6.3 million in AMS scholarship awards and approximately $1.5 million in our own loan funding. The average scholarship offered to our students in 2012-13 is approximately $25,170. The mean, cumulative educational debt for the graduating class in 2012 was $131,450.
Scholarships and loans may be offered to students who meet federal and institutional eligibility criteria. In addition, service-connected federal scholarships are available to obviate borrowing altogether, and numerous loan repayment programs are available to assist you in repaying your loans after medical school. All of these options and more are described on this website.