Admissions committee decisions are made without regard to applicants' financial status.
Generous Financial Aid
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.
WCM’s Debt-Free Program
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.
Eligibility and Need Determination
A student must be a U.S. citizen, permanent resident, or an eligible non-citizen to qualify for Weill Cornell need-based or federal financial aid. MD applicants who hold DACA (Deferred Action for Childhood Arrival) status granted by the federal government, are eligible for institutional need-based financial aid like any U.S. citizen or permanent resident. An applicant who is undocumented (without DACA status), will not be eligible to apply for need-based institutional funding. 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.