The University of Missouri School of Medicine makes need-based financial assistance for its students a priority. In academic year 2018-2019, nearly 93 percent of our students received more than $20 million in loans and scholarship funding from school, federal, and private sources.

2020-2021 First-Year Costs

Tuition and fees Missouri resident: $36,688*
Books and supplies: $663
Room and board: $13,310
Personal expenses and transportation: $8,010
Hepatitis B vaccination: $130
Total estimated expenses, Missouri resident: $58,801
Additional out-of-state tuition for non-residents: $34,289
Total estimated expenses, non-resident: $93,090

*Tuition subject to change

2020-2021 Cost of Attendance M1-M4

Financial Aid Tips

Although medical school can be expensive, and student loans are a reality for many, you do have options. The key to making medical school affordable is educating yourself about your options.

Borrow Wisely

  • Educational loans are a useful tool to pay for college, but you are encouraged to borrow only enough to cover your necessary educational related expenses.
  • You are mortgaging your future income when you borrow an educational loan.The less you mortgage now, the more you will have to enjoy in the future.
  • You will be offered loans up to the full cost of attendance. Accept only what you need. If you find you have borrowed too much or too little during the year, you may ask for a revision.

Spend Wisely

  • Create a budget, or spending plan, to help control your borrowing.
  • Plan for expenses that only come up once or twice per year.
  • Keep a cash reserve of at least $500 for emergencies.
  • Pay off your credit card balance in full every month.
  • Request a copy of your credit report at Annual Credit Report.com. Resolve any issues over the summer.

Cost of Medical School 2020-2021

  Public (in-state) Private Mizzou Med
Tuition and Fees $38,202 $61,533 $36,688
Cost of Attendance $62,038 $84,516 $58,801


Mizzou serves both the resident taxpayers of Missouri and students from across the nation and world. Nonresidents pay an additional $34,288.50 in medical student tuition costs. However, you can petition to become a resident after you have lived and worked in Missouri for 12 consecutive months. Please visit the Office of the University Registrar to learn more.

Class of 2020 Indebtedness

  Public Private Mizzou Med
Mean $181,179 $206,204 $187,021
Median $180,000 $202,000 $196,244


Manage your educational debt acquired prior to medical school. Know how much you owe. Check your balances at the U.S. Department of Education's office of Federal Student Aid.

Types of Financial Aid

Loans have to be repaid, usually with interest, but grants and scholarships are gifts. That’s why they are commonly referred to as “gift aid”. You will receive a link to the MizzouMed’s scholarship application after you have been offered admission. Our deadline date for submission is April 1.

The MU School of Medicine awarded more than 20 million dollars in financial aid during the 2018-2019 academic year. The chart below shows the number of students that received each aid type and the total dollar amount awarded.

types of financial aid graphic

During your M1 year, you will have the opportunity to apply for one of six summer work programs that will earn you a stipend. The experiences last between four and eight weeks. Research, clinical and international opportunities are available. Find out more about our Summer Programs and Fellowships.

Service Commitment

Another option you have is a service commitment where you owe back your time rather than your money. These service grants will provide full tuition plus a living stipend. Find out more about these opportunities on our website.

  • National Health Service Corp
  • Armed Forces
  • Indian Health Service

Financial Aid To-Do List

myzou.missouri.edu (Student Center)

  • Apply at FAFSA.ed.gov by April 1. Include school code 002516.
  • Submit your Mizzou Med scholarship application by April 1.
  • Research outside scholarships and service commitments.
  • Accept your awards by July 1.
  • Research credit-based loans.
  • Complete loan paperwork with your loan servicer.

No matter where you are in your journey as a medical student, AAMC’s FIRST provides informative resources at their website.

Download a printable version of this financial aid information: Invest in You