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Financial Aid

Financial Aid

Historical debt levels

The historical debt of our medical students is shown below. Increases in pre-medical school borrowing, tuition and fees, and other economic factors all contribute to the rise in borrowing.

          Class               Average Total Debt      Average Medical School Debt
           2013                          $157,412                           $146,756
           2012                          $155,641                           $138,797
           2011                          $141,483                           $131,314
           2010                          $150,872                           $136,996
           2009                          $126,051                           $119,700
           2008                          $129,041                           $118,826
           2007                          $115,181                           $106,322
           2006                          $108,271                           $100,178
           2005                           $ 94,951                             $ 82,481
           2004                           $ 79,990                             $ 69,345
           2003                           $ 69,879                             $ 62,421
           2002                           $ 69,441                             $ 61,833
           2001                           $ 64,800                             $ 57,560
     
It is important for students to know how much they have borrowed, what their monthly payments might be and how these payment obligations will be met considering their future income as an intern, resident and physician. Each year we provide our students with updated individual borrowing histories. Students and graduates can also review their federal educational debt records by accessing the National Student Loan Data System (NSLDS) Web site. NSLDS account information should be routinely monitored, and discrepancies resolved as quickly as possible.