The program covers a yearly tuition of $55,018, NYU says.
Students will not have a totally free ride, however. According to The Wall Street Journal, most medical students will still foot the bill for about $29,000 each year in room, board and other living expenses. The scholarships will help 93 first-year students along with 350 already partially through the program, the Journal reports. Several students enrolled in a joint MD/Ph.D. program are already offered free tuition under a separate program.