Cost of Attendance

The Cost of Attendance represents expenditures for a ten-month academic year at Frank H. Netter MD School of Medicine at Quinnipiac University.   It also represents the maximum financial aid available, including scholarships and loans you may receive for that academic period.  The 2014/2015 budget adequately covers your tuition and fees, computer and supplies, living expenses and fairly represents the average expenses for our students.

Keeping the annual Cost of Attendance in mind, you should construct your own budget for living expenses. This will assist you in tracking your expenses to better manage your money while in medical school as well as estimating your total cost and resources for the next four years.  By creating a budget, you will not only have an idea of funding you will need, but you will also become more aware of the amount you will be borrowing in student loans.

The Office of Financial Aid uses federal guidelines to develop Cost of Attendance budgets.  Consideration for budget increases regarding childcare costs, healthcare issues, and additional credits must e requested in writing and should include appropriate supporting documentation. Listed below is additional information concerning the components of our Cost of Attendance.

2014-15 Cost of Attendance - Year One

Off Campus Budget

Tuition $51,365
Fees $855
Computer + Supplies $2,000
Medical Equipment (Stethoscope + Diagnostic Kit) $700
Living Allowance $16,791
Transportation $3,439
Loan Fees $432

Total $75,582

 

Parent's Home Budget

Tuition $51,365
Fees $855
Computer + Suplies $2,000
Medical Equipment (Stethoscope + Diagnostic Kit) $700
Living Allowance $11,252
Transportation $2,305
Loan Fees $432

Total $68,909

Tuition:  The annual tuition charge is $51,365.

Fees:  Students are charged $700 in a University fee as well as $155 in a student government fee.  

Computer and Supplies:  Students will receive electronic copies of their text books and are required to purchase a computer.  You will receive a one-time maximum allowance of $2,000 during your medical school career to cover the cost of purchasing this computer.   

Medical Equipment:  Estimated costs for medical equipment which includes a stethoscope and a diagnostic kit.  

Living Allowance:  The living expense portion of the budget (rent, meals, utilities and personal expenses) for a student living in an off-campus apartment is $16,791 and while the transportation allowance would be $3,439.  A student residing with their parent(s) would have a living allowance of $11,252 and transportation allowance of $2,305.  This amount is based on information from the Bureau of Labor Statistics (BLS) and the Consumer Price Index Urban (CPI-U) for the Northeast as of December, 2013.  The moderate ten-month budget for both living situations does not include your living expenses for the summer or other debt.  

Transportation:  This amount is based on data from the Consumer Expenditure Survey for the Northeast and reflects increases in the Consumer Price Index Urban as calculated by the Bureau of Labor Statistics. The transportation allowance does not take into consideration expenses related to owning a car or relocating to Connecticut.  

Loan Fees: Based on a 1.051% origination fee charged on the average medical school total borrowed through the Federal Direct Unsubsidized Loans last award period.  

Your overall individual costs will vary depending upon the number of textbooks purchased, number of roommates, proximity to campus, etc.  The cost of rent in this area has increased in recent years, so living with a roommate may help to curtail expenses. Our academic year budget reflects the expectation that you will have at least one roommate.

2014-15 Cost of Attendance - Year Two

Off Campus Budget

Tuition $51,365
Fees $855
USMLE Step 1 Exam $580
Living Allowance $16,791
Transportation $3,439
Loan Fees $432

Total $73,462

 

 

 





Parent's Home Budget

Tuition $51,365
Fees $855
USLME Step 1 Exam $580
Living Allowance $11,252
Transportation $2,305
Loan Fees $432

Total $66,789










Tuition:  The annual tuition charge is $51,365.

Fees:  Students are charged $700 in a University fee as well as $155 in a student government fee.  

USMLE Step 1 Exam:  A one-time expense will be allotted for the cost of taking the USMLE Step 1 Exam.  

Living Allowance:  The living expense portion of the budget (rent, meals, utilities and personal expenses) for a student living in an off-campus apartment is $16,791 and while the transportation allowance would be $3,439.  A student residing with their parent(s) would have a living allowance of $11,252 and transportation allowance of $2,305.  This amount is based on information from the Bureau of Labor Statistics (BLS) and the Consumer Price Index Urban (CPI-U) for the Northeast as of December, 2013.  The moderate ten-month budget for both living situations does not include your living expenses for the summer or other debt.  

Transportation:  This amount is based on data from the Consumer Expenditure Survey for the Northeast and reflects increases in the Consumer Price Index Urban as calculated by the Bureau of Labor Statistics. The transportation allowance does not take into consideration expenses related to owning a car or relocating to Connecticut.  

Loan Fees: Based on a 1.051% origination fee charged on the average medical school total borrowed through the Federal Direct Unsubsidized Loans last award period.  

Your overall individual costs will vary depending upon the number of textbooks purchased, number of roommates, proximity to campus, etc.  The cost of rent in this area has increased in recent years, so living with a roommate may help to curtail expenses. Our academic year budget reflects the expectation that you will have at least one roommate.