Federal Financial Aid
Medical students often need to borrow student loans to help supplement any scholarship or other financial support they receive to help pay for medical school expenses. There are currently two types of Federal Direct Loans: Direct Unsubsidized and Direct PLUS (Grad PLUS). However, based on legislative changes passed into law in July 2025, please note important changes in who can apply for Grad PLUS.
Direct Unsubsidized Loans +
- Available to all borrowers
- Class of 2030 may borrow up to $50,000 (new annual limit for first-time borrowers in their degree program)
- Returning borrowers may borrow up to $40,500, although that amount is prorated higher for enrollment periods beyond 9 months
Direct PLUS (Grad PLUS) +
- Available to returning students at FCoM who already have a Direct Loan of any kind (including Direct Unsubsidized) as of July 1, 2026, for their current degree program.
- Not available for students in the incoming Class of 2030. Please see Private Student Loans – Three Important Questions and What Every Borrower Should Know about Private Loans.
Complete your FAFSA
- Fill out the FAFSA as soon as possible. Submitting your FAFSA in a timely manner allows you to apply for the maximum Direct Unsubsidized Loan.
- Belmont’s School Code is 003479.
- Returning Students, be sure that you also apply for a Direct PLUS Loan if you will need to borrow more than the maximum Direct Unsubsidized Loan amount. Remember, this assumes you are a returning student who already has or will have a Grad PLUS as of July 1, 2026. Incoming Students in the Class of 2030 are not eligible to apply for a Grad PLUS.
- Returning Students, completing your Direct Plus Loan Application is a separate step, in addition to completing your FAFSA.
Admissions Graduate Tuition & Aid
Student Financial Services counselors are available to assist students in educational planning. Contact us at finaid@belmont.edu or call 615.460.6403.
Veterans Education Benefits
Qualifying veterans may be eligible for the GI Bill or the Yellow Ribbon Program. Learn more about Belmont University's Veterans Education Benefits.
Class of 2030
The Frist College of Medicine Class of 2030 consists of students who will begin their medical degree program in Fall 2026. This cohort designation is used for the purposes of scholarships, financial aid eligibility, and tuition assessment.
Legislation passed in July 2025 (H.R.1, OBBBA) includes significant changes to the borrowing and repayment of federal student loans. These changes will directly impact medical students, particularly those in the incoming Class of 2030.
Please see Important Update on Borrowing for Medical School for details.
Direct Unsubsidized Loans
- Available to all borrowers
- Class of 2030 may borrow up to $50,000 in Direct Unsubsidized Loans
Direct PLUS (Grad PLUS)
- Not available to the incoming Class of 2030.
- Please see Private Student Loans – Three Important Questions and What Every Borrower Should Know about Private Loans.
2026-2027 Cost Estimator for College of Medicine – M1 Cohort/Class of 2030
| MS1 (10 months) | |
|---|---|
| Tuition for Resident & Non-Resident Students | $67,480 |
| Consolidated Graduate Student Fee | $1,400 |
| Liability Insurance | $550 |
| Life Insurance | $35 |
| Disability Insurance: | $65 |
| Needlestick/Bloodborne Pathogen Rider | $15 |
| USMLE Board Prep | $374 |
| Clinical Access Fee | $285 |
| Technology Fee | $850 |
| USMLE, Step 1 Registration | |
| Stethoscope Kit | $606 |
| EHR Licensing Fee | $200 |
| AMSA Membership | $60 |
| Activity Fee | $150 |
| Total | $72,070 |
| MS1 (10 Month) | |
|---|---|
| Personal Expenses | $4,150 |
| Housing & Meals | $25,744 |
| Transportation | $3,100 |
| Course Materials, Supplies, & Equipment | $1,000 |
| Loan Origination Fees | $528 |
| Total | $34,522 |
| MS1 (10 months) | |
|---|---|
| Tuition for Resident & Non-Resident Students | $67,480 |
| Fees | $4,590 |
| Indirect Expenses | $34,522 |
| Total | $106,592 |
| MS1 (10 months) | |
|---|---|
| Health Insurance: (additional charge if adequate coverage is not provided) | $3,275 |
Class of 2029
The Frist College of Medicine Class of 2029 consists of students who began their medical degree program in Fall 2025. This cohort designation is used for the purposes of scholarships, financial aid eligibility, and tuition assessment.
- All returning borrowers may borrow up to $40,500 in Direct Unsubsidized Loans, although that amount is prorated higher for enrollment periods beyond 9 months.
- Available to returning students at FCoM who already have a Direct Loan of any kind (including Direct Unsubsidized) as of July 1, 2026, for their current degree program.
Please see Important Update on Borrowing for Medical School for details.
2026-2027 Cost Estimator College of Medicine- M2 Cohort/Class of 2029
| MS2 (12 months) | |
|---|---|
| Tuition for Resident & Non-Resident Students | $67,480 |
| Consolidated Graduate Student Fee | $2,100 |
| Liability Insurance | $550 |
| Life Insurance | $35 |
| Disability Insurance: | $65 |
| Needlestick/Bloodborne Pathogen Rider | $15 |
| USMLE Board Prep | $499 |
| Clinical Access Fee | $175 |
| Technology Fee | |
| USMLE, Step 1 Registration | $695 |
| Stethoscope Kit | |
| EHR Licensing Fee | $200 |
| AMSA Membership | $60 |
| Activity Fee | $150 |
| Total | $72,024 |
| MS2 (12 Month) | |
|---|---|
| Personal Expenses | $4,930 |
| Housing & Meals | $30,280 |
| Transportation | $2750 |
| Course Materials, Supplies, & Equipment | $1,500 |
| Loan Origination Fees | $498 |
| Total | $39,958 |
| MS2 (12 months) | |
|---|---|
| Tuition for Resident & Non-Resident Students | $67,480 |
| Fees | $4,544 |
| Indirect Expenses | $39,958 |
| Total | $111,982 |
| MS2 (12 months) | |
|---|---|
| Health Insurance: (additional charge if adequate coverage is not provided) | $3,275 |
Class of 2028
The Frist College of Medicine Class of 2028 consists of students who began their medical degree program in Fall 2024. This cohort designation is used for the purposes of scholarships, financial aid eligibility, and tuition assessments.
- All returning borrowers may borrow up to $40,500 in Direct Unsubsidized Loans, although that amount is prorated higher for enrollment periods beyond 9 months.
- Available to returning students at FCoM who already have a Direct Loan of any kind (including Direct Unsubsidized) as of July 1, 2026, for their current degree program.
Please see Important Update on Borrowing for Medical School for details.
2026-2027 Cost Estimator College of Medicine- M3 Cohort/Class of 2028
| MS3 (12 months) | |
|---|---|
| Tuition for Resident & Non-Resident Students | $67,480 |
| Consolidated Graduate Student Fee | $2,100 |
| Liability Insurance | $550 |
| Life Insurance | $35 |
| Disability Insurance: | $65 |
| Needlestick/Bloodborne Pathogen Rider | $15 |
| USMLE Board Prep | $499 |
| Clinical Access Fee | $175 |
| Technology Fee | |
| USMLE, Step 1 Registration | $695 |
| Stethoscope Kit | |
| EHR Licensing Fee | |
| AMSA Membership | $60 |
| Activity Fee | $150 |
| Total | $71,824 |
| MS3 (12 Month) | |
|---|---|
| Personal Expenses | $4,930 |
| Housing & Meals | $30,280 |
| Transportation | $2750 |
| Course Materials, Supplies, & Equipment | $1,500 |
| Loan Origination Fees | $498 |
| Total | $39,958 |
| MS3 (12 months) | |
|---|---|
| Tuition for Resident & Non-Resident Students | $67,480 |
| Fees | $4,344 |
| Indirect Expenses | $39,958 |
| Total | $111,982 |
| MS3 (12 months) | |
|---|---|
| Health Insurance: (additional charge if adequate coverage is not provided) | $3,275 |
Frist College of Medicine students who need information or have questions regarding health insurance should refer to the Belmont Student Health Insurance Plan (SHIP).
2025-2026 College of Medicine Tuition and Fees
2025-2026 Cohort M1 College of Medicine Cost Estimator (PDF)
2025-2026 Cohort M2 College of Medicine Cost Estimator (PDF)
2025-2026 Graduate & Professional Tuition and Fees
Connect with Us
Student Financial Services is located in the Gabhart Student Center.
Email: finaid@belmont.edu
Phone: (615) 460-6403
BELMONT'S TITLE IV SCHOOL CODE IS:
003479