Financial Aid Tasks

The tasks below fall under the purview of the Twin Cities / St. Cloud Medical School Financial Aid Office. 

Please note: Further updates regarding Medical School Financial Aid will be available throughout the coming months. Please check back frequently for updates. 

Applying for Financial Aid

Review the information below to learn more about financial aid availability and the application process.

• Introduction and Information Letter - Twin Cities / St. Cloud 

• Financial Aid Timeline - Twin Cities / St. Cloud

• Current Twin Cities Medical Student Budget/Cost of Attendance

  • • St. Cloud students should refer to the Twin Cities budget table as cost of attendance is the same for Twin Cities and St. Cloud.

• Types of Financial Aid Available at the University of Minnesota Medical School

  • • There are some expected changes coming to federal student loan programs after June 30, 2026. The University of Minnesota and financial aid administrators nationally are awaiting technical guidance from the US Department of Education (ED). In the meantime, students are encouraged to review this AAMC webinar titled “Navigating Student Loans and Repayment Changes Post Budget Reconciliation."

    • On July 4, 2025, the President signed H.R. 1 (One Big Beautiful Bill Act) into law and made several changes to federal student aid programs. University of Minnesota One Stop Student Services has information on their website regarding H.R. 1 and federal financial aid changes. Federal Student Aid also has information on their website.

    • Examine your own finances and costs at the University of Minnesota Medical School.

    • Map out a plan for financing your medical education across the four years of the University of Minnesota Medical School program.

• Directions to Apply for Financial Aid - Twin Cities / St. Cloud - December 2025

  • • Application Materials for Financial Aid - Twin Cities / St. Cloud

      • The March 1st deadline is waived for new matriculants accepted on or after March 1, 2026.

    • Optional Need-based Essay Scholarship Applications (Refer to Directions to Apply for Financial Aid above for details.)

      • Conrad I. Karleen and Ruth V. Karleen Scholarship (Twin Cities admitted students only)

      • Albert Sullivan Scholarship

      • Royal C. and Mary H. Gray Scholarship  

Learn More About Medical Student Finances & the University of Minnesota

• AAMC FIRST website for medical students (FIRST = Financial Information, Resources, Services, and Tools)

  • Guide to Money Management - Entering Medical School

  • Financing Your Medical School Education (recorded webinar)

• Medical School Financial Aid website - includes information about the medical student budget and money management

  • Service-commitment Scholarships, such as Air Force Medical Education Scholarship 

  • Financial Aid Supplemental Scholarship Booklet - This is a list of outside scholarships compiled by the Medical School Financial Aid Office.

• University of Minnesota Twin Cities One Stop Student Services website

Questions? 

Contact the Twin Cities / St. Cloud Medical School Financial Aid Office at msfao@umn.edu or (612) 625-4998 with any questions or concerns about your financial aid status.