Financial Aid

The first step in applying for financial aid is to complete the Free Application for Federal Student Aid (FAFSA) at www.fafsa.gov with your federal tax information. For new students, we recommend completing and submitting the FAFSA by February 28th for maximum aid consideration.  Filing by this date ensures you will be considered for all institutional aid as well as federal loans. The Federal School Code for Penn State College of Medicine is 003329.

2018-19 financial aid application deadlines:

  • Feb. 28, 2018: First-year medical students
  • April 15, 2018: Continuing medical students

The financial aid awarded by the College of Medicine is only for the time period stated on your student aid summary and can be used only at The Pennsylvania State University College of Medicine. You must submit a renewal application for each additional enrollment period.

If you receive financial assistance — including scholarships, loans and grants — that is not included on your financial aid notification from the Office of Student Aid, you must report it to the Office of Student Aid. Federal regulations require that these funds be taken into account in determining your eligibility for federal student aid. If the assistance that you receive from private or outside sources results in an over award, an adjustment will be made to your financial aid award so that your total financial assistance is not greater than the institutionally determined Cost of Attendance.

Your FAFSA will indicate that you are an independent student for eligibility consideration for Federal Loans such as Stafford and Grad PLUS. However, you are encouraged to provide parental financial data on the FAFSA for eligibility consideration for PSCOM need-based scholarships and loans.