Admissions committee decisions are made without regard to applicants' financial status.
Most students receive financial aid, and most receive grants as well as loans, resulting in average graduation debt that is lower than national averages. Housing is guaranteed for all students and priced below market value. Financial support for community service, summer research and international electives is available to all students.
Weill Cornell Medicine continues our commitment to lowering our students’ debt by announcing an exciting new financial aid program starting as of the 2019-20 academic year. Because of the generosity of our donors, Weill Cornell Medicine is able to offer debt-free need-based financial aid for students in our MD program who have demonstrated financial need. We will now be meeting full financial need with grant funding. More information can be found here.
Only students who are citizens or permanent residents of the United States are eligible for WCM financial aid. For eligible students, financial aid is awarded only on the basis of demonstrated need. Need is determined by an analysis of income and assets of students and their families. We do not offer merit-based scholarships.
Financial need is determined based on the formula:
Detailed information regarding financial aid may be found at Student Services.