Cost Details
- In-State Tuition
- $3,257
- Out-of-State Tuition
- $3,257
- Students Receiving Financial Aid
- 0.8%
- Room & Board (Off Campus)
- $9,481
- Books & Supplies
- $200
- Median Debt at Graduation
- $10,500
- Estimated Monthly Loan Payment
- $111/mo
- Students Taking Federal Loans
- 12.0%
- Pell Grant Recipients
- 0.8%
Cost Overview
Mayo Clinic College of Medicine and Science operates on a unique funding model that makes it remarkably affordable for a medical institution. The annual tuition of $3,257 applies to all students regardless of residency. Over four years, students pay just $13,028 in tuition costs. This represents a fraction of typical medical school expenses.
The school's selective approach to financial aid means only 7.43% of students receive institutional grants averaging $2,182. Just 11.99% of graduates take federal loans, resulting in a median debt of only $10,500. Monthly loan payments average $111, easily manageable against median first-year earnings of $68,823. The 99.5% employment rate ensures graduates can handle even modest debt loads.
Students pursuing Mayo's specialized biomedical research programs get the best financial deal. The combination of Mayo Clinic's endowment support and focus on producing researchers rather than clinical practitioners creates an unusually affordable path into medical science careers.
The school's selective approach to financial aid means only 7.43% of students receive institutional grants averaging $2,182. Just 11.99% of graduates take federal loans, resulting in a median debt of only $10,500. Monthly loan payments average $111, easily manageable against median first-year earnings of $68,823. The 99.5% employment rate ensures graduates can handle even modest debt loads.
Students pursuing Mayo's specialized biomedical research programs get the best financial deal. The combination of Mayo Clinic's endowment support and focus on producing researchers rather than clinical practitioners creates an unusually affordable path into medical science careers.