COST OF ATTENDANCE
The Cost of Attendance (COA) is a calculation of the total cost to attend school for one year. The Department of Education’s definition of the Cost of Attendance (COA) for a student is an estimate of that student’s educational expenses for the period of enrollment.
Your current consumer debt is not part of the COA. Which is why we strongly recommend that you plan ahead and pay off your credit card(s), car payments, mortgage, etc. prior to entering medical school. Paying off and/or cancelling all (or even part) of your consumer debt before starting medical school will allow you to more effectively manage your funds. And help you avoid consumer debt defaults that will negatively impact your credit score.
For your convenience, the links below provide the approved Cost of Attendance. Please plan accordingly as no extra funds will be available after you have met your COA each year.
The amounts shown are the maximums allowed, but we encourage you to borrow only what you need.
Click the links below to see the Cost of Attendance (COA) details.
5 th and 6 th year fees will not apply to students starting in 2014 onwards.
COA = Direct costs + Indirect costs
Direct costs include:
Tuition – Annual tuition is divided between fall and spring semester.
Fees – Fees – 1st and 2nd year students are charged $150 for Student Activities per semester and a annual $500 for Health Insurance, that has to be paid in full at the beginning of classes. These fees will be deducted from your financial aid. Also, these fees will be charged to students in 3rd year and beyond staying in Mexico.
Indirect costs include:
Books & Supplies – The average cost of books and supplies per year for a medical student.
Room & Board – The average cost of living per year as a student. Actual costs may vary by individual choices related to location or lifestyle.
Personal Expenses – This allowance includes everything from clothing, laundry, haircuts, toiletries, reasonable entertainment, etc. Not meant to supplement tourism activities. This estimate is provided for personal planning purposes only.
Loan Fees – Estimated origination fees charged by the Department of Education. It is a percentage of the loan amount deducted from each loan disbursement.
Transportation – The transportation allowance is provided to assist students who require transportation to school activities. Travel to the U.S. and PR is included under reasonable circumstances during the year.
Malpractice Insurance – Student must pay ahead of time for malpractice insurance as part of the Clinical Clerkships Application Process. This is an estimated cost, for the actual cost contact the Clinical Clerkship Services at email@example.com.
Degree Process – 4 th year students are charged a one-time fee of $1,650. This fee is mandatory and refundable only if the student withdraws from the program. The fee will be deducted from your financial aid at the beginning of your 7 th and 8 th semester ($825 respectively).
Dependent Care – Students with children under the age of 12 may request a $1,500 dependent care allowance per semester. Contact the Financial Aid office for eligibility criteria.
USMLE – A one-time expense will be allotted for the cost of taking the USMLE I and USMLE II (CK-CS) Exams. The student must submit a request via email ( firstname.lastname@example.org ) within the loan period, must be enrolled when the cost is incurred and sent copy of the payment receipt.
Residency Interview – For students enrolled in the last semester of medical school only. A one-time allowance in the amount of $3,000 for some of the costs associated with residency interviews. The student must submit a request via email ( email@example.com ) within the loan period and must be enrolled.
Financial Aid Counselors can be reached Monday through Friday from 9 am–5 pm (Central Standard Time) at the Financial Aid Office in San Antonio, Texas.
Toll Free: 1-800-531-5494