Cost of Attendance
The cost of attendance represents expenditures for a ten-month academic year at Frank H. Netter MD School of Medicine. It also represents the maximum financial aid available, including scholarships and loans you may receive for that academic period. The 2013-2014 budget adequately covers your tuition and fees, books 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. You will not only have an idea of funding you will need, but also make you 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 for childcare costs, healthcare issues, and additional credits must be requested in writing and should include appropriate supporting documentation. Listed below is additional information concerning the components of our cost of attendance.
Off Campus Budget
| Tuition | $49,650 |
| Fees | $850 |
| Computer + Supplies | $1,500 |
| Medical Equipment (Stethoscope + Diagnostic Kit) | $700 |
| Living Allowance | $20,441 |
| Total | $73,141 |
Parent's Home Budget
| Tuition | $49,650 |
| Fees | $850 |
| Computer + Supplies | $1,500 |
| Medical Equipment (Stethoscope + Diagnostic Kit) | $700 |
| Living Allowance | $13,698 |
| Total | $66,398 |
Tuition: The annual tuition charge is $49,650.
Fees: Students are charged $700 in a University fee as well as $150 in a student government fee.
Computer and Supplies: A standard allowance of $1,500 is provided for the expense of your computer and supplies.
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, personal expenses, and transportation) for a student living in an off-campus apartment is $20,441 and $13,698 for a student residing with their parent(s). 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 2012. The moderate 10-month budget for both living situations does not include your living expenses for the summer and does not take into consideration expenses related to owning a car, relocating to Connecticut, or other debt.
Your overall individual costs will vary depending upon the number of textbooks purchased, number of roommates, proximity to campus, etc. Rents in this area have increased in recent years so living with a roommate can help to curtail expenses. Our academic year budget reflects the expectation that you will have at least one roommate.
