KEY POINTS
  • The NYU School of Medicine is offering full-tuition scholarships to all students, regardless of their financial situation.
  • The top 10 medical school said it aims to address the growing debt burden of graduates.
  • With high medical education costs, some graduates choose to pursue more lucrative specialties, creating a shortage in lower-paying fields.

Every student at the New York University School of Medicine is getting a full ride.

The university announced Thursday that it will cover annual tuition costs of $55,018 for current and future students, regardless of need or merit.