The Geisel School of Medicine makes it a priority to keep tuition as low as possible and financial aid high, a trend that has existed here for years.
For the 2020-2021 academic year, tuition is $67,532. Room and board are budgeted for $11,500. (See the Financial Aid website for a full budget description.) Geisel provides institutional need-based financial aid in the form of loans and scholarships for those students with documented financial need. In an average year, more than 85 percent of Geisel students receive some type of financial aid, and approximately 60 percent receive scholarship aid. Financial aid awards include a “base loan” and, if financial need exists beyond the base loan, institutional scholarship funds. During 2020-2021, the base loan is $45,700.
Once you accept an offer of admission, the staff of our Financial Aid Office will work with you to develop a sound approach to financing your medical school education, developing budgets, and managing living and educational expenses. The staff can also help point you to outside loan and scholarship programs that may be able to provide support. At the Geisel School of Medicine, the goal is to work with students starting in Year 1 to create spending plans in an effort to limit educational debt. This will allow students to feel more comfortable in choosing the specialty of their choice.
A complete and a detailed description of our financial aid policies and procedures will be provided during the admissions interview. It is important to apply as soon as possible after October 1, since awards are made beginning March 15 and cannot be processed until all applications and supporting materials have been submitted. This includes tax returns for you and your parents, if you are applying for scholarship aid. Remember that we verify federal data for “prior-prior” year, matching the FAFSA requirement.
For more information on the financial aid application requirements, policies, and funding options, please visit the Financial Aid Office or call (603) 650-1111.