Financial Assistance and Tuition
Tuition
The estimated annual cost of tuition and fees for 2023-2024 academic year is listed below. UIWSOM does not distinguish between resident and non-resident for educational costs. For a detailed listing of tuition and fees per semester and additional policies, visit SOM Tuition and Payments.
Please recognize that the following is provided solely as an estimate to aid your financial planning and all expenses are subject to change. Upon enrollment, tuition statements are emailed to students and available to view online through the Cardinal Apps portal.
| Cost Item | Year 1 | Year 2 | Year 3 | Year 4 |
|---|---|---|---|---|
| Tuition | $60,000 | $60,000 | $60,000 | $60,000 |
| Fees | $2,200 | $1,000 | $1,000 | $1,000 |
| Records Fee | $40 | 0 | $0 | $0 |
| Health Insurance (Eligible for waiver for learners with private insurance) |
$5,386 | $5,270 | $5,270 | $5,270 |
| Total | $67,626 | $66,270 | $66,270 | $66,270 |
The Cost of Attendance provides an estimated total for attending UIWSOM. It is composed of direct costs (charges for tuition and fees) and indirect costs (allowances for room and board, books and supplies, transportation and other personal/miscellaneous costs). Though UIWSOM will not charge this total amount, this information is valuable for personal budgeting and planning.
For a detailed listing of the Cost of Attendance by semester and additional policies, visit SOM Cost of Attendance.
Cost of Attendance 2023-2024
| Cost Item | Year 1 | Year 2 | Year 3 | Year 4 |
|---|---|---|---|---|
| Tuition | $60,000 | $60,000 | $60,000 | $60,000 |
| Fees | $2,200 | $1,000 | $1,000 | $1,000 |
| Books and Supplies | $200 | $200 | $300 | $300 |
| Room | $12,348 | $15,092 | $13,720 | $17,836 |
| Board | $5,868 | $7,172 | $6,520 | $8,476 |
| Transportation | $4,284 | $5,236 | $4,760 | $6,188 |
| Personal Miscellaneous | $7,344 | $8,976 | $8,160 | $10,608 |
| Licensing Exams/Residency | $0 | $715 | $715 | $4,000 |
| Cost of Attendance | $92,244 | $98,391 | $95,175 | $107,408 |
View a sample of the cost of living in San Antonio, TX. Please note: This website is not affiliated with UIW or UIWSOM and is only intended to be a starting point for your research.
Financial Aid and Scholarships
Application Process
- Apply For Financial Aid
All students are encouraged to complete the Free Application for Federal Student Aid (FAFSA) at studentaid.gov. The FAFSA is used to determine eligibility for loans and select scholarships. This application may be completed prior to acceptance. The Incoming Class of 2028 should complete the 2024-2025 FAFSA. Use the University of the Incarnate Word FAFSA school code: 003578. UIWSOM is not listed independently. Parental information is not required. - View Your Financial Aid and Complete Acceptance Process
Access UIW Cardinal App's BannerWeb for personalized financial assistance information including the amount of aid offered, requirements needed to accept aid, and disbursement dates. Financial aid offers for the 2024-2025 academic year will become avaliable at the beginning of May 2024.
Types of Aid Available
Eligibility
- Awarded to students that exemplify the UIWSOM mission.
- No minimum grade point average or financial need.
Award Amount
Up to $10,000 per year or up to $40,000 total.
Application
No application is needed. The AACOMAS application and UIWSOM Supplemental Application are used to determine recipients.
The University of the Incarnate Word has partnered with the Baptist Health Foundation of San Antonio to provide scholarships for students enrolled in certain health professional fields, including the UIWSOM Doctor of Osteopathic Medicine program.
Eligibility
- Must be a U.S. citizen.
- Must be enrolled full-time in one of the approved programs - Doctor of Physical Therapy, Doctor of Pharmacy, Traditional BSN, Master of Science in Nursing, Doctor of Nursing Practice, Master of Nutrition, Doctor of Optometry, Nuclear Medicine and Doctor of Osteopathic Medicine.
- Must meet GPA requirements for good academic standing.
- Must have a FAFSA on file with the Office of Financial Assistance and demonstrate financial need (financial aid file must be complete before eligibility can be determined).
- Must have a permanent residence within the Baptist Health Foundation’s service area (approved counties: Atascosa, Bandera, Bexar, Comal, Guadalupe, Kendall, Medina and Wilson).
- Must certify intent, following graduation, to remain and seek employment in one of the eight counties serviced by the Baptist Health Foundation (see the approved counties listed above).
- Previous recipients may apply but renewal is not guaranteed.
Award Amount
Varies based on funding.
Application
Scholarship application is emailed to learners as available.
Nancy Ann Wilson spent most of her life in San Antonio, graduated from Alamo Heights High School, the University of the Incarnate Word and Baptist Hospital School of Medical Technology. After her retirement from laboratory work, she became a Blue Bird Volunteer at the Methodist Hospital, volunteering two and three days a week. Though Ms. Wilson passed in 2016, her name lives on through scholarships to UIW students.
Eligibility
- Must be currently enrolled as an osteopathic medical student (incoming students are eligible).
- Must be in good academic standing at UIWSOM.
Award Amount
Varies based on funding.
Application
Scholarship instructions are emailed to learners as available.
UIWSOM offers a $1,000 scholarship match to the following external scholarships.
- American Association of Colleges and Osteopathic Medicine's Sherry R. Arnstein Minority Student Scholarship
- Texas Medical Association Diversity in Medicine Scholarship
Please refer to these organizations for additional information on scholarship eligibility requirements, award amounts and deadlines.
Eligibility
- Available through the Department of Education.
- Financial need is not required.
- Loan accrues interest during periods of enrollment, deferment, forbearance and during repayment.
Interest Rate and Loan Fee
Fixed interest rate - view current rates for Federal Direct Unsubsidized Loans
Annual Loan Limit
$40,500
Aggregate Loan Limit
$224,000 (inclusive of previous federal subsidized/unsubsidized loans)
Repayment
Begins six months after graduation, less than half-time enrollment, withdrawal or non-enrollment.
Application
Completed annually and available at studentaid.gov
Eligibility
- Available through the Department of Education.
- Financial need is not required.
- Borrower must not have an adverse credit history (or have an endorser who does not have an adverse credit history).
- Loan accrues interest during periods of enrollment, deferment or forbearance and during repayment.
Interest Rate and Loan Fee
Fixed interest rate - view current PLUS loan rates
Annual Loan Limit
Cost of attendance minus other aid
Aggregate Loan Limit
Not applicable
Repayment
Begins at the time of the final disbursement, although borrower may apply for an in-school deferment if enrolled at least half-time.
Application
Completed annually and available at studentaid.gov
Alternative loans are private loans made through private lending institutions (banks, credit unions or other, private educational lenders). These loans are not part of the federal government loan programs. They are credit-based and may require a cosigner. Students should consider utilizing federal student loans before seeking a private loan. Federal student loans have many benefits (such as fixed interest rates and income-based repayment plans) not typically offered with private loans.
To view an online list of lenders UIW students have worked with in the past, check out the Private Loan Lender List.
- National Health Service Corps Loan Repayment Program - $50,000
- National Health Service Corps Students to Service Program - up to $120,000
- Texas Higher Education Coordinating Board Physician Education Loan Repayment Program - up to $180,000
- Public Service Loan Forgiveness
- Specialty Education Loan Repayment Program - up to $160,000
External Scholarship Opportunities
Students should take advantage of all scholarships in which they meet the eligibility requirements. Below is a list of scholarship opportunities from outside organizations applicable to UIWSOM students. UIWSOM does not officially endorse the companies or organizations listed below. This list is only intended to be a starting point for the scholarship search. Eligibility requirements and deadline will vary with each scholarship.
- Air Force Health Professions Scholarship Program - Full tuition and fees and a monthly living stipend
- Army Health Professions Scholarship Program - Full tuition and fees and a monthly living stipend
- College Ave Student Loans Monthly Scholarship Sweepstakes - $1,000
- Department of Veteran Affairs Health Professional Scholarship Program - Full tuition and fees and a monthly living stipend
- Navy Health Professions Scholarship Program - Full tuition and fees and a monthly living stipend
None available at this time
None available at this time
- Chappell Smith and Arden Scholarship - $1,500
- Gridley McKim-Smith Women's Health Fellowship Award - $5,000
- Herbert W. Nickens Medical Student Scholarships - $5,000
- Northwest Osteopathic Medical Foundation Scholarship
- Waterbury Medical Association Wellsford and Mildred Clark Medical Memorial Scholarship
- Women In Medicine Leadership Scholarship - $5,000
None available at this time
None available at this time
The following scholarships may not be currently available but should be bookmarked for potential future use.
- AAMAAL Scholarship - Muslim Women Inspiring Hope
- AAUW San Antonio Branch's Graduate Scholarships
- American Medical Women's Association Medical Education Scholarships
- AOF/AOA Presidential Memorial Leadership Scholarship
- AOF Golden Ticket Scholarship
- AOF Karen Nichols, DO LEAD Scholar
- AOF Prairie State Scholarship - $5,000
- AOF Rocovich Research Award
- AOF Sterling Welch, DO, Scholars Grant
- AOF Thomas A. Quinn, DO, Osteopathic Scholarship - $4,000
- AOF William F. Anderson, DO, Minority Scholarship
- Brown Bag Marketing Video Scholarship - $1,000
- Brown Trial Firm Scholarship Essay Contest - $1,000
- Colorado Springs Osteopathic Foundation's John H. Drabing, D.O., Osteopathic Medical Student Scholarship - up to $20,000
- DAR Alice W. Rooke Scholarship
- DAR Dr. Francis Anthony Beneventi Medical Scholarship
- DAR Leslie Andree Hanna Medical Scholarship
- East Texas Communities Foundation's Sherilyn Willis, MD Scholarship - $500
- Gamma Mu Foundation Scholarship
- Hope Babette Tang Humanism in Healthcare Essay Contest
- Indian Health Service Scholarship - tuition, required fees, and other educational and living expenses
- Mensa Foundation College Scholarship Program
- National Health Service Corps Students to Service Loan Repayment Program
- National Health Service Corp Scholarship - Tuition, fees, and a living stipend
- National Hispanic Health Foundation’s Hispanic Health Professional Student Scholarship
- National Medical Fellowships Scholarships
- Neal Davis Law Scholarship Essay Contest - $1,000
- NHHF/UHF Diverse Scholars Initiative
- NMF Anarcha, Betsy, and Lucy Memorial Scholarship Award
- NMF Emerging Scholars Awards
- NMF Dr. David K. McDonogh Scholarship in Ophthalmology/ENT
- NMF Josiah Macy Jr. Foundation Scholarship
- NMF Mary Ball Carrera Scholarship
- NMF National Alumni Council Scholarship Program
- NMF Zimmer Biomet/NMF Orthopaedic Scholarship
- Osmosis “Raise the Line” Scholarship
- Patsy Takemoto Mink Education Foundation
- Physicians of Tomorrow- $10,000
- Point Scholarship
- Scholarship Essay Contest from MVP Accident Attorneys - $1,000
- Sherry R. Arnstein Underrepresented Minority Scholarship - $5,000 - UIWSOM offers a $1,000 matching scholarship to Arnstein recipients
- SOMA Foundation Community and Preventive Medicine Scholarship-$1,000
- SOMA Foundation Humanism in Medicine Scholarship
- SOMA Foundation New Member Scholarship-$500
- SOMA Foundation Women in Medicine Scholarship-$1,000
- Stars Scholarship Fund
- Stewart J. Guss College Student Scholarship
- Texas Medical Association Foundation Hispanic Medical Student Scholarship
- Travis County Medical Society Scholarship
- Tylenol Future Care Scholarship
- United Health Foundation/NMF Diverse Medical Scholars Program
- White Coat Investor Medical School Scholarship
Responsible Borrowing
Know What You Owe
Many students underestimate the amount of student loan debt they currently have. Being unaware of debt can cause problems in the future. Log in to studentaid.gov for a personalized listing of your federal loans with loan amounts, status and servicer contact information. Keep in mind that this tool only keeps record of federal loans. Private loans must be managed between the lender and the student borrower.
The average medical school debt for the UIWSOM Class of 2021 graduates was $235,598, Class of 2022 graduates was $274,450 and Class of 2023 graduates 250,868.
UIWSOM Cohort Default Rates for the fiscal year 2021 was 0%, 2022 was 0%, and 2023 was 0%.
Build a Budget
Medical school will be a large investment of your time and your wallet. Money will likely be very tight. It is important to build a realistic spending plan to reduce educational debt, identify and control unnecessary spending and avoid credit card debt. Making reasonable financial decisions now will benefit borrowers in the long term.
Consider Paying Interest While in School
While enrolled at least half-time, students are not generally required to make payments toward federal student loans. Consideration should be given to making some type of payment though. Making interest payments while in school can significantly reduce future monthly payments and the overall cost of debt. Unpaid interest is capitalized before entering repayment, resulting in a higher principle amount owed and more interest charged each month. Try making payments toward loans with the highest interest rates.
Utilize Free Resources
Medical students continue to graduate with growing debt as the nation continues to experience a physician shortage, particularly in primary care specialties. Recognizing the burden of financing a private medical school education, the UIWSOM Office of Admissions and Student Affairs offers financial aid and debt management education and assistance to prospective students and current learners.
For assistance, contact the UIWSOM Enrollment Services team at SOMenrollment@uiwtx.edu or the UIW Office of Financial Assistance at finaid@uiwtx.edu.
The University of the Incarnate Word believes that all of our students, families and alumni should have access to the most information possible to help them make wise decisions about financing and repaying their education. So, we've partnered with iGrad to provide financial wellness resources to students, alumni and families.
No two students are exactly alike, so when you sign up for iGrad, you'll build a personalized profile and plan to improve your money management, career and student loan skills. We'll provide recommended video tips, quick financial lessons, personalized job search, scholarship opportunities and more.
Future Cardinals, Alumni, Parents: Sign up at UIW's iGrad site using your personal email address. Don't forget to bookmark the UIW iGrad site for easy access so you can check back often! iGrad updates its content daily with timely new articles, videos, infographics and more. The more you explore, the more iGrad will personalize content to address your specific goals and interests!
Current Students and Faculty/Staff: iGrad is now integrated with the online portal, Cardinal Apps. You'll have one-click access to your profile and recommendations directly through your portal account. If you prefer not to go through Cardinal Apps, you may sign up directly at UIW's iGrad site using your UIW or personal email address.
The Association of American Medical Colleges (AAMC) provides the FIRST program, including free resources to help students make wise financial decisions. Whether thinking about how to afford medical school, applying for student loans or determining loan repayment options, FIRST offers unbiased, reliable guidance.
The Department of Education provides a Loan Simulator to help borrowers review repayment plan options and view estimated monthly repayment amounts. Students are encouraged to sign in to use actual loan information but may also manually enter loan amounts to use the estimator tool. Private student loans are not included or applicable to the Repayment Estimator Tool.
AAMC also provides the MedLoans® Organizer and Calculator (MLOC) to assist medical students and residents with managing their education debt. The MLOC provides a secure location to organize and track student loans while also displaying possible repayment plans and costs based on the borrower’s student loan debt.