Financial Aid
Generous Aid, Low Debt
Harvard Medical School has one of the most generous MD financial aid programs in the country, maintaining an average graduating debt at approximately half the national average for private medical schools and well below the national average for state schools.
Facts & Figures
71% Receive Financial Aid
Average Annual Scholarship
$59,915
Scholarship Range
$2,439 TO $102,425
Over $40 Million In:
Loans
Employment
Scholarships
Average Debt
On Graduation
The average graduating debt* incurred by MD students in 2023** at HMS was $103,519, compared to the national average of $183,784 at public medical schools, and $189,469 at private medical schools.
At HMS, 1 in 5 of our financial aid recipients comes from a family whose annual income is $50,000 or less, and 50 percent of our MD student body benefits annually from the Middle Income Initiative.