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Costs

How Much Does It Cost For Tuition and Fees?

The Board of Trustees sets the tuition and fee rates for the upcoming academic year every February. Below are the MD tuition and fees rates for 2014-15:

Tuition $24,750 per semester
Activity Fee $89 per semester
Athletic Fee $120 per semester
Immunization/Disability Fee $125 per semester
Clinical Admin Fee $50 per semester
Mental Health Fee $58 per semester
Technology Fee $50 per semester

What Other Costs Will I Incur?

Each year the Financial Aid Office must estimate all normal expenses incurred by students in each academic program. In addition to tuition and fees, they include estimates for books, supplies, transportation, health insurance, food, rent, utilities, etc. This estimate is called the Cost of Attendance.

The estimated Cost of Attendance for the 2014-15 academic year (Fall 2014/Spring 2015) is approximately $80,000. This covers a 12-month period. When comparing costs at other programs, make sure you are comparing the same period of time.

How Much Should I Expect to Borrow for the Entire MD Program?

The average indebtedness for the students who graduated from the program in 2014 was approximately $150,000. Some students borrowed more and some borrowed less.

Are There Programs That Can Reduce My Indebtedness?

Yes, there are a number of employment arrangements in which students can reduce their indebtedness after they complete their degree. Some of these include the National Institutes of Health, the U.S. military and state health agencies. Also, some healthcare facilities will offer loan repayment incentives to potential employees. These arrangements often require the employee to commit to employment for a specific number of years. Also, students who work for a non-profit healthcare facility may qualify to have the balance of their loans forgiven after 10 years of repayment through the Public Service Loan Forgiveness Program. See http://ibrinfo.org/what.vp.html#pslf

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