COSTS, AID, AND BORROWING

Paying for medical school

Understand the cost, explore financial aid, and work out how much you may need to borrow.

Your annual funding

Example inputs

Replace these illustrative numbers with your school’s figures.

Total cost of attendance

Tuition, fees, housing, food, and other allowed costs.

Grants and scholarships

Only count funding you expect to receive for this year.

Savings and family contributions

Federal aid available after loan fees

Use the net amount your school confirms. This tool does not determine federal eligibility.

ESTIMATED ANNUAL FUNDING GAP

$26,000

The amount still to cover before this year is funded.

$59,000 covered$26,000 to plan for

Monthly equivalent of the gap$2,167

Know which rules apply

New borrower limits and legacy exceptions can change your available aid. Prior borrowing and enrollment history matter.

Understand the 2026 changes →

Before filling the gap with a private loan

Revisit aid

Ask about institutional grants and service scholarships.

Read the full offer

Compare residency terms, co-signers, and protections.

Plan beyond year one

Ask how future years and borrowing limits will work.

Method: cost minus grants, contributions, and net federal aid; floored at zero. One academic year only. Excludes interest, future tuition increases, and any unentered expenses. No private-loan approval is assumed.

Sources checked September 13, 2026CFPB · ways to pay for college or graduate school Cornell Financial Aid · federal aid changes Federal Student Aid · federal and private loans