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OFFICE OF
FINANCIAL AID

 
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CURRENT BUDGET GUIDELINES

Cost-of-attendance Budgets:

The School of Medicine has approved the cost-of-attendance budget's on the following page for the academic year. They are based in large part on data from a bi-annual survey of what our current medical students are actually spending for books and supplies, housing, food, personal expenses, and transportation.

The costs included in these budgets reflect living expenses for the academic year only. Living expenses for non-school periods and for spouses and/or other dependents are not included because they are treated in the need analysis formula as an allowance against income rather than a direct cost. In the case of a married student, therefore, the spouse's living costs are not included in the budget, but the expected family contribution is reduced by the amount appropriate to maintain the spouse and home.

Some students have extenuating circumstances that may justify construction of an individual cost-of-attendance that is higher than the standard one. Such adjustments are primarily applicable for the purpose of validating need for outside loan assistance. In all cases, appropriate documentation must be provided. Examples of potentially appropriate adjustments are below.
  • Medical/dental care costs
  • Education debt repayment
  • Dependent care
  • Transportation
  • Cars
  • Other expenses may be allowed if they are necessary and related to attendance at medical school.

For more information as to the criteria see page 9 of the Student Financial Aid Handbook.

2008-2009 Academic Year Expenses:

 

Class of 2012

11-months

Class of 2011

11-months

Class of 2010

12-months

Class of 2009

10-months

Tuition

43,500 43,500 43,500 43,500

Books, supplies, microscope & computer

4,000 1,000 500 500
Housing *
8,450 8,450 9,200 7,660

Food*

3,060 3,060 3,340 2,800
Personal & other
3,600 3,600 3,950 3,300
Student health insurance**
1,320 1,320 1,320 1,320
Technology fee
426 426 426 426
Activity fee
40 40 40 40
Transportation
2,170 2,170 2,170 2,170
Travel for Clinical Training
0 0 1,600 1,600
National board examfees
0 480 1,025 1 1,260 2
Graduation
0 0 0 200

Total Budget

66,566 64,046 67,126 64,766

  • *In the case of a married student, whose spouse is employed, the spouse is expected to cover housing and food.
  • ** Subject to change. 
  • 1 USMLE Step 2 CS Exam Fee
  • 2 USMLE Step 2 CK Exam Fee and travel to take Step CS