Financial Aid FAQ
Medical students have the ability to fund their medical education at IU School of Medicine through federal loans and a limited number of institutional scholarships. The expectation is that most students will need financial assistance to cover the cost of training, as nearly 80 percent of students who graduate each year have an average debt of $200,000 or greater.
The Cost of Attendance is set each year and includes tuition/fees, books/supplies, housing, personal expenses and transportation expenses. Prospective applicants to the MD program at IU School of Medicine can email the Office of Financial Services to request the first-year Cost of Attendance. Students are able to meet any gaps in their funding by utilizing federal loan programs that include the Direct Loan Grad PLUS Loan Program.
The Office of Student Financial Services, part of the Office of MD Admissions, at IU School of Medicine, is available to guide medical students through the process of securing financial support for their medical education. This team posts information and advice related to financial aid and money management on the Med Student Money blog.
Yes. The IU School of Medicine Office of Student Financial Services offers assistance with student loan indebtedness and student loan management to students, residents, alumni and others.