School of Medicine Medical Student Admissions School of Medicine
Washington University School of Mediicine
Medical Student Admissions
Skip navigation links
Medical Student Admissions > How to Apply > Financial Aid

Krista Johnson gets assistance from Will Ross, MD '84, MPH, as she dons the symbol of her future profession during the school's White Coat Ceremony, part of orientation. Ross is associate dean for diversity and associate professor of medicine.

Financial Aid

Application Fee Waiver

If you receive an AMCAS fee waiver, your application service fee will automatically be waived.

Types of Financial Aid

Types of financial aid include both merit-based scholarships and need-based financial aid packages.

Merit-based scholarships are awarded in various amounts as funds allow. Recipients are selected based on their personal and academic accomplishments and on their perceived potential to lead and contribute to the profession.

  • There are approximately 16 of these awards annually.
  • All accepted students are considered for merit-based scholarships.
  • The Mr. and Mrs. Spencer T. Olin Fellowships for Women provide full-tuition scholarships for graduate and professional school study at Washington University. All women accepted for admission before January 25 will be considered for this award.

Need-based financial aid comprises both scholarships and loans. Need-based financial aid is available for medical students who are citizens or permanent residents of the United States.

  • Need-based financial aid is awarded as 50:50 scholarship:loan up to a current maximal borrowing of $27,000 annually. Thereafter, the remainder of the student's need is met by scholarship funds.
  • Need-based borrowing currently is capped at $27,000 per year.
  • In 2015-2016, for a first-year student who had no resources to fund the cost of education ($77,008), financial aid would consist of $27,000 in loans plus $50,008 in scholarships.
  • Need-based financial aid scholarships are awarded 50:50 with loans starting with the first dollar of support. Thus, financially needy students begin to receive scholarship support without the need to first borrow large amounts of so-called base loans before scholarship funds kick in.
  • Students who receive merit-based awards may also qualify for need-based financial aid.

Other educational borrowing is available for those who may not qualify for need-based financial aid. Depending on your circumstances, federal loans may be available to cover up to the full cost of your medical education. Examples of these types of loans include Federal Direct Unsubsidized, Perkins, and Federal Direct Grad PLUS. Although private loans may be available, these need to be evaluated on a case-by-case basis because the interest rates and terms of the loans tend to be variable.

How is need determined for need-based financial aid?

The approach to financial aid starts with a determination of the amount that the student and his or her family should be able to contribute to the student’s education. This amount is called the Expected Family Contribution (EFC). The approach to calculating the EFC follows Federal Methodology, a standard nationwide approach that evaluates the family’s and student’s resources in light of the family’s size, income and assets. Once this amount is calculated, the financial need is the cost of education minus the EFC. The result is the student’s documented financial need. This is the amount on which need-based financial aid is awarded.

Cost of Education

The cost of education includes all charges for education plus allowable living expenses. At Washington University, students are charged a single amount for tuition and there are no additional fees. Thus, tuition is comprehensive; there are no additional fees for health care coverage, hospitalization or disability insurance, and each student is provided a laboratory-grade microscope to use during the first and second years of study.

Tuition Stabilization Plan

For all incoming students, tuition is fixed upon entry and remains the same for the four-year program of study. This helps students and their families plan for educational expenses.

Estimated expenses for a single student in the 39-week first-year class


Estimated Expenses 2015-16


 Tuition Stabilization Plan 


 Books and supplies


 Medical instruments


 Housing and food







How to Apply for Need-Based Financial Aid and Loans

Accepted and Wait-Listed applicants are invited to submit the information that is required in order to apply for financial aid. The information that follows below is an abbreviated version of instructions that can be found on the School of Medicine’s Financial Aid web site at

Step 1: Go online to WWW.FAFSA.ED.GOV and complete the Free Application for Federal Student Aid (FAFSA).

  • Be sure to enter the code for Washington University School of Medicine: G24620.
  • If you are applying for need-based aid, you must include parental information on the FAFSA; if you are applying only for federal loans or will be 30 years of age at matriculation, you do not need to include parental information.
  • Use actual amounts, not estimates, when you enter your information.
  • FAFSA will send us your information, which we must have to begin to calculate your financial aid need.

Step 2: Go online to and complete the entries for you and your parents in the Financial Aid Forms Database.

Step 3: Make sure that your e-mail and mailing addresses in WUMSapply are up-to-date. After an applicant has been accepted, we shall send an e-mail that will direct you to NetPartner, a financial-aid student portal.  Access to NetPartner will allow you to view additional documents that need to be submitted, including the Verification Worksheet with attached copies of the Federal 1040 and W-2s, and your financial aid award once available. In addition, we shall mail you a copy of your award letter. 

For more information contact the Office of Financial Aid.

Washington University School of Medicine
Financial Aid Office
Campus Box 8059
660 S. Euclid Ave.
St. Louis, MO 63110
Phone: (314) 362-6845 or (888) 840-3239
Fax (314)362-3045