Medical School Applications Hit Record Highs

Pandemic Inspires a Wave of Med School Applications

The COVID-19 pandemic shined a spotlight on the importance of healthcare systems and workers. This has inspired more people than ever to apply to medical school.

According to the Association of American Medical Colleges, as of the end of August, the number of medical school applications is up almost 17% from a year earlier. Medical school applications have been gradually rising since 2008, but this marks a significant spike.

Schools Relax Application Requirements Due to COVID-19 Hardships

Applicants to medical school have faced unprecedented circumstances this cycle. Many have finished college online, or have had shadow and internship programs canceled this summer. Additionally, the MCAT and other standardized tests have been canceled at many locations due to COVID-19.

For these reasons, a number of medical schools are not requiring MCAT scores and/or have pushed their application deadlines into late fall. These loosened restrictions have contributed to the surge in applications.

Additionally, as unemployment remains high, some people, especially recent college graduates, see this as a good time to go to school rather than to join the workforce.

An Application Cycle Like No Other

Due to this rise in applications, this cycle may be more competitive than most. Additionally, in-person interviews and visits, which are usually a big part of the med school application process, will likely be virtual this year.

Despite difficult circumstances, tens of thousands of people are forging ahead with their medical school applications. As Dr. Sahil Mehta, a med school admissions coach noted, “You kind of have to take the bumps as they come. That’s part of medicine.”

Please understand that this information provided is general in nature and shouldn’t be construed as a recommendation or solicitation of any products offered by SoFi’s affiliates and subsidiaries. In addition, this information is by no means meant to provide investment or financial advice, nor is it intended to serve as the basis for any investment decision or recommendation to buy or sell any asset. Keep in mind that investing involves risk, and past performance of an asset never guarantees future results or returns. It’s important for investors to consider their specific financial needs, goals, and risk profile before making an investment decision.
The information and analysis provided through hyperlinks to third party websites, while believed to be accurate, cannot be guaranteed by SoFi. These links are provided for informational purposes and should not be viewed as an endorsement. No brands or products mentioned are affiliated with SoFi, nor do they endorse or sponsor this content.
Communication of SoFi Wealth LLC an SEC Registered Investment Advisor
SoFi isn’t recommending and is not affiliated with the brands or companies displayed. Brands displayed neither endorse or sponsor this article. Third party trademarks and service marks referenced are property of their respective owners.
SOSS092303