Tuition Policies for Medical Students - Medical Students - Bursars Office - Education (2024)

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Education / Bursars Office / Medical Students / Tuition Policies for Medical Students

Understanding the tuition policies requires familiarity with the registration status options offered by the School. There is no provision in the M.D. program for a part-time registration status.

Definitions

  • FULL-TIME/CREDIT – the normal registration status for an M.D. student enrolled in classes or engaged in clinical activities for which evaluation and academic credit are provided.
  • FELLOW: STUDENT – the status of a student who is taking time away from the regular curriculum to participate in research or some other activity which is related to successful completion of the M.D. program.
  • LEAVE OF ABSENCE: LONG-TERM, MEDICAL, or TEMPORARY – the status of a student who is taking time away from the regular curriculum for a purpose unrelated to the study of medicine.
  1. All M.D. students enrolling for instruction are registered as FULL-TIME/CREDIT (FT/C) and assessed tuition at the prevailing annual rate. Tuition is assessed at the rate current at the time evaluation of performance occurs during the first eight terms of coursework. Students enrolled more than eight terms will be assessed an Extended Time Fee, in addition to the appropriate student health and services fees, each of the subsequent terms.
  2. FOUR YEAR TUITION REQUIREMENT – Students matriculating without advanced standing are required to pay a minimum of four full years (or eight terms) of tuition. Students admitted with advanced standing are not required to pay tuition for the portion of the curriculum for which they receive credit upon admission.
  3. COST FOR COURSEWORK BEING REPEATED – Students are required to pay tuition for coursework being repeated. The mechanism for payment is the assessment of the Extended Time Fee for each term beyond the initial eight terms of enrollment at full charge.
  4. Students registering as Fellows are assessed a reduced tuition amount, referred to as Medical Student Research Fellowship (MSRF) tuition. Students registered as Fellows, who avail themselves of credit bearing coursework during their time out, will be assessed full time tuition during those terms, and will be assessed Extended Time for the terms required for completion of the MD degree after eight terms.

Note: The only exception is during the months of June (for fellowships that end “early”), or August (for fellowships that begin Sept 1st), Fellows may take one clerkship.

  1. Individuals granted a LONG-TERM or MEDICAL LEAVE OF ABSENCE are not considered to be students and are assessed no tuition although there is a fee ($60) associated with this status.
  2. Students on a TEMPORARY (60 days or less) LEAVE OF ABSENCE experience no change in tuition charges as a result of that designation.
  3. Except as described in the TUITION ADJUSTMENTS POLICY and REFUND POLICIES, tuition liability is incurred at the beginning of each academic year and there are no reductions in tuition resulting from changes in registration status which occur during the course of the year.
  4. EXTENDED ENROLLMENT – A student registering, for whatever reason, for more than the standard four years (eight terms) of instruction will be charged tuition for each billing period of enrollment. Whether that charge will be FT/C, MSRF, or an Extended Time Fee will depend upon the specific circ*mstances and will be determined by the Bursar after consultation with the appropriate dean(s). In no case will an M.D. student registered as full time pay less than the prevailing MSRF tuition charge.

Tuition Adjustment Policies

Adjustments Due to Changes in Registration Status Between Billing Dates

Each year the cost of tuition and fees is billed in two equal installments, generally referred to as Fall and Spring. The Fall billing occurs in mid-July, with payment due by August 10th. The Spring bills are generated in mid-January, with payment due by February 10th. This applies to all class years, including those students on a year-out for research.

For tuition refund upon withdrawal, please see the Refund Policies

Leave of Absence Definition and Fee

Students may be granted permission to take a Long-Term Leave of Absence (LOA) from the medical curriculum for a maximum of 12 months. Such students will be assessed a fee of $60/term. If a LOA extends beyond twelve months, the student will be required to reapply for admission.

While LOA status retains one's place in the School, it does not carry with it the full-time student status necessary to participate in University health programs or qualify for deferment of student loan repayment. Borrowers taking a LOA must, therefore, have Exit Interviews in the Financial Aid Office before leaving campus. Students taking a LOA who have already received loan funds to cover expenses which have not yet been incurred at the time of leaving school, may expect that pro-rated portions of those loans must be returned to lenders.

Students leaving during a term for which they have already paid tuition will be subject to the policies described in Refund Policies.

In addition to a Long-Term Leave of Absence, students may be granted a Temporary or a Medical Leave of Absence. A Temporary LOA is effective for a maximum of sixty days. While there is no additional charge for this status, there is also no reduction in charges previously assessed for this period. A Temporary LOA defaults to a Long-Term LOA if some other registration status is not selected by the end of the sixty-day period. A Medical LOA is treated as a Long-Term LOA in all matters related to tuition, fees, and financial aid.

Definitions and Fees

Student Fellow Status

A student who takes time out from the medical curriculum and uses this time to pursue enriching independent research or some other activity which is related to ultimate successful completion of the MD program may be granted Student Fellow status by the UR Medical School Promotions and Review Board. Still considered a full-time student, such an individual must pay required health fees, the Studentfee, and the Medical Student Research Fellowship tuition fee of $1,070 per term and receives deferment eligibility for student loan repayment.

The length of a Fellowship is generally two consecutive terms and not more than twelve months. During this period, one may not be registered for a non-M.D. degree program at this or any other institution and may not receive remuneration for service rendered. Financial support received for this period may be in the form of a stipend to cover health fees, living and travel expenses. (A student who is being remunerated for service rendered should more appropriately seek Leave of Absence status.)

FT/C Extended Time Definition and Fee

Students, who have extended their enrollment for more than the standard eight semesters, either due to repeated portions of the Double Helix curriculum, or because of choosing to expand their clinical experiences, will be registered as full time credit students for each of the subsequent semesters. Having paid for their first eight semesters at full tuition, they will be billed $3,000, an “extended time fee”, for each of those terms.

Tuition Policies for Medical Students - Medical Students - Bursars Office - Education (2024)

FAQs

How do medical students pay for medical school? ›

There are several ways to pay for medical school, but the most commonly used methods include: Gift aid, such as scholarships and grants. Work-study programs. Federal and private student loans.

What is the cheapest medical school in the US? ›

What Is the Cheapest Med School in the US? According to U.S News, the cheapest medical school in the US is the University of Texas Health Science Center, followed by: Texas A&M University. Texas Tech University Health Sciences Center.

Can you live off loans in medical school? ›

Nearly all medical students qualify for federal student loans , which may include the Direct Unsubsidized Loan and possibly the Direct PLUS Loan. These loans will cover the entire cost of attendance, including tuition, fees, room and board, and all other official miscellaneous expenses.

Does FAFSA give money for medical school? ›

The Free Application for Federal Student Aid (FAFSA®) may help you get federal loans and grants for medical school as well as aid from your college and state, if it is available.

Do medical students get a stipend? ›

The National Health Scholarships pay tuition, fees, and other educational costs, and provide a living stipend in return for a commitment to work for at least 2 years at an NHSC-approved site in a medically underserved community.

How much does 4 years of medical school cost in the USA? ›

The cost of medical school varies depending on the type of school (public versus private) and how prestigious it is. According to the AAMC, the median four-year cost of public medical schools is $268,476 for resident students, while resident students at private schools pay a median of $363,836.

What is the easiest med school in us? ›

The University of Mississippi School of Medicine is widely considered the easiest medical school to get into due to its abnormally high acceptance rate. The school has boasted an acceptance rate of 53% over the years (currently 43%) and has relatively low minimum GPA and MCAT requirements.

What is the hardest med school to get into in the US? ›

The hardest medical schools to get into tend to be the top programs or big names, such as Ivy League medical schools like Harvard Medical School and Brown University or other big medical schools like Stanford, Johns Hopkins, Mayo Clinic School of Medicine, NYU Grossman, and Georgetown University. 2.

What is the average medical student debt after residency? ›

Medical debt statistics

In total, 70% of all medical students have education-related debt after graduation, with an average balance of $206,924. Medical school graduates also have other debts, including a median of $5,000 on credit cards and a median of $10,000 in residency and relocation loans.

Do doctors ever pay off their student loans? ›

Public Service Loan Forgiveness (PSLF) is the quickest way doctors can pay off medical school debt. Federal student loans are discharged after 10 years if you work for a nonprofit hospital or medical facility that is a registered 501(c)(3), the military or academia.

How do people afford to live in medical school? ›

Physician loans, also sometimes called doctor loans, are specialized loans that can help cover tuition and loans for living expenses. A physician or “doctor” loan allows future high-income earners to access money to cover known expenses.

Does parent income affect FAFSA for medical school? ›

Completing the FAFSA is the first step in applying for financial aid. Check the school's requirements for FAFSA filing dates. As a medical school applicant, you are considered an independent student for federal student aid, and parental information is not needed on the FAFSA form.

Can you negotiate financial aid with medical school? ›

Financial aid packages will come at the same time as your acceptance letter. It would be best if you compare packages from the other schools where you have been accepted. Perhaps your circ*mstances have changed. It is acceptable to negotiate the medical school financial aid options based on your specific need.

Can you get subsidized loans for medical school? ›

If you took out federal loans during undergraduate school, some portion of it may be subsidized, helping reduce the burden of interest capitalization for the borrower during medical school and residency. The Department of Education updates interest rates for federal loans each year.

How do doctors pay off medical school debt? ›

Public Service Loan Forgiveness (PSLF) is a good option if you plan to stay in the nonprofit world working for a hospital or university once you become an attending physician. This federal program forgives the remaining loan balance tax-free after 10 years of service of working full time for a qualified employer.

Do hospitals pay doctors student loans? ›

Some hospitals and other employers will offer student-loan repayment in an effort to recruit physicians. This can be a substantial benefit for a resident with significant residual medical education debt. Many loan-repayment programs come with strings attached.

Do parents pay for medical school? ›

As others have said, there is a range. At one extreme the student takes out enormous piles of loans to fund medical school. At the other extreme the parents pay for their child to attend medical school. Something in the middle also happens (with a combination of parent-pays and loans).

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