MA & MS Financing Options

Welcome to the Division of Graduate Medical Sciences Financial Aid Information Page.

A higher education degree represents an investment in your future. The Division of Graduate Medical Sciences (GMS) seeks to enable all motivated and talented students to achieve their academic and professional potential. Most educational loans offer more favorable terms than other consumer loans so we encourage students to apply for these loans before considering other financing options.

Because educational loans must be repaid, you should borrow no more than necessary.

Eligibility for federal student loans is determined through the Free Application for Federal Student Aid (FAFSA). The student is always the applicant/borrower, and annual maximum loan amounts apply. All applicants must submit the Free Application for Federal Student Aid.

Students must file the Free Application for Federal Student Aid (FAFSA) annually to be considered for federal funding.

Please look into the Federal Direct Stafford Loan and the Federal Perkins Loan. Both sponsored by the federal government. They have very favorable terms, including low interest rates and generous deferment provisions.

If you have any questions or concerns after reviewing the important links provided below, please do not hesitate to contact the Financial Aid Office by phone: (617) 638-5216, by fax: (617) 638-5740 or by e-mail:

Thank you for your interest in attending the Division of Graduate Medical Sciences at Boston University School of Medicine. We look forward to working with you during your studies here.

Important Financial Aid Information:

Financial Aid Forms and Applications:

Money Management and Federal Loan Tracking Information

A note about other financing options

Boston University invited lenders to provide information about their products through a Request for Information (RFI) process. The University reviewed the information provided and, based on that information, identified some loan products as having competitive rates, customer service and borrower benefits. Click on the Private Loan Options link above to find these loan programs.

You are welcome to borrow from the lender of your choice without penalty whether or not that lender is identified here or in other University materials. We encourage you to compare information concerning credit-based student loans carefully to determine the best fit for your particular circumstance.