Students receive financial aid based on merit, financial need or both. Merit-based scholarships are awarded based on academic achievement or some special characteristic, skill, talent or ability. Need-based aid is given to students who demonstrate financial need. Most medical school financial aid is awarded on the basis of need.
Financial aid can be categorized in three ways:
- Scholarships refer to aid that doesn’t have to be repaid and can come in the form of scholarships or grants. Learn about scholarship opportunities at the MU School of Medicine.
- Loans are the most common form of financial assistance for medical students. Federal loan programs at the MU School of Medicine include the Federal Direct Loan Program, the Primary Care Loan and the Loan for Disadvantaged Students. Students may also want to consider credit-based loans to help pay direct and indirect expenses. Our school also has an institutional loan program. Learn about financing your medical education.
- Service Commitment Programs require either military service or service to an under-served area at the completion of an individual’s residency training. Find out whether a service commitment program is right for you.
