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Medical students collaborating inside the classroom
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    Medical School Affordability and Student Aid

    While medical education is an excellent investment, federal financial aid programs are critically important to helping ensure medical school remains an option for all students, regardless of background. 

    Federal programs such as Health Resources and Services Administration (HRSA) scholarships and loans, the Department of Education income-driven repayment plans, and others can make educational debt more manageable. GradPLUS loans, offered by the Department of Education, allow nearly 50% of medical students to cover the full cost of attendance for medical school. After graduation, Public Service Loan Forgiveness (PSLF) and the National Health Service Corps (NHSC) help nonprofit and underserved facilities recruit physicians to care for vulnerable patient populations.

    The AAMC is committed to ensuring medical education remains affordable and accessible for students from all backgrounds and provide a variety of information for applicants, students, and residents through its FIRST program. In addition, a growing list of medical schools are trying to reduce education debt for their graduates, including through targeting gifts towards financial aid, offering loan repayment assistance and reduced tuition in exchange for service, and exploring options for a shortened curriculum.

    Resources about School Affordability and Student Aid

    Medical students during class at the university

    AAMC Financial Aid Resources 

    Access reliable guidance regarding the medical school financial aid and repayment process.

    Student loan application form

    AAMC Action – PSLF Stories

    Read stories from medical professionals across the country who plan to help their communities with the help of Public Service Loan Forgiveness (PSLF).


    Medical students and young doctors are taking advantage of multiple programs and strategies to ease the burden of their education debt.

    • April 4, 2017

    Accelerated programs cut student debt and produce grads faster to address physician shortages.

    • March 29, 2019

    Advocacy-Related News & Insights

    President Donald Trump March 21 signed an “Executive Order on Improving Free Inquiry, Transparency, and Accountability at Colleges and Universities.” 

    • March 22, 2019

    The House Education and Labor Committee March 13 held a hearing titled, “The Cost of College: Student Centered Reforms to Bring Higher Education Within Reach.”

    • March 15, 2019

    The White House March 18 released Proposals for Reauthorizing the Higher Education Act (HEA). The administration stated the goal for HEA is to “increase access

    • March 22, 2019

    AAMC President and CEO Darrell G. Kirch, MD, issued the following statement in response to President Trump’s FY 2020 budget request.

    • March 11, 2019