How Can You Pay For Med School Apps & INTERVIEWS?

kristin5792
Mon, 13 Jun 2011 12:23:25 +0000

Yeah, Mayo ends up approximately free after you take into account the various types of financial aid they offer (don’t bother looking it up on their website–there’s not much information there). It goes something like this: tuition’s about $30k a year, every accepted student is guaranteed a merit scholarship of half that, bringing tuition down to about $15k. From there, most students qualify for about $7k in federal grants (no idea how that works!), bringing tuition down to about $8k. Then, they toss in a few smaller scholarships to get cost down to about $5k, and a “generous benefactor” writes a check for the remaining amount (so if they got your cost down to $5k, “generous benefactor” would donate $250k), leaving you with essentially no tuition. After all is said and done, your debt is basically determined by your cost of living in Rochester (which I characterize as a large town/small city)–generally on the order of less than $50k.

It’s a sweet deal, that’s for sure. Mayo Clinic is a unique (and in my opinion, incredible) place and their application process is different than other schools (they do use AMCAS, they do not have secondaries). Good luck!