Cost of Attendance

Students’ Cost of Attendance (COA) budgets are developed each academic year by the Office of Medical Student Financial Aid. They include Tuition and Fees (as approved by FAU’s governing boards); an allowance for books and supplies; and a cost of living allowance for Room and Board, Transportation, and Personal Expenses (see definitions, below). COA’s are estimated during the early awarding process and are subject to change once FAU’s governing boards finalize each year’s tuition and fee charges.

The COA, in conjunction with the students’ Expected Family Contribution (EFC) from their FAFSA’s, is used to both calculate financial aid eligibility and to give students an estimate of reasonable costs to attend the FAU College of Medicine.

The standard student budgets, shown below, are based on the average expenses of a single student who shares expenses for a two bedroom apartment. Costs for students’ spouses and/or children are not included in the standard budget; those expenses

Tuition and Fees:

Tuition and fees are charged at a fixed annual rate. Half of the tuition and fees are billed at the beginning of the academic year, and the other half are billed at the mid-point of the academic year. See “Important Dates” at http://med.fau.edu/students/financial_aid/important_dates.php.

Books and Supplies:

Books and supplies consist of required textbooks and diagnostic instruments, to include a stethoscope and reflex hammer, a lab coat in the M1 year, and miscellaneous supplies. This allowance is estimated based on a survey of costs.

Room and Board:

The off-campus housing allowance assumes shared occupancy of rental units in the surrounding community, and will be used in the standard Cost of Attendance budgets. The board (food) allowance assumes a combination of groceries and prepared meals for cooking at home. Students who live with parents will not have a room allowance, but will have a reduced board allowance.

Transportation:

The transportation allowance is an estimated cost for routine car maintenance, gas, and insurance. This allowance is increased when students are enrolled in their M3 and M4 years, as daily travel is required to hospitals both in and outside the local area. M4 student doing away rotations should contact the Financial Aid Office if additional financial assistance is needed to meet those costs. Students living on-campus during the M1 and M2 years have a reduced transportation allowance.

Personal Expenses:

A personal allowance is calculated for expenses such as: cell phone, clothing, uniforms, haircuts, laundry, cleaning supplies, membership dues, journal subscriptions, registrations, dental visits, entertainment, etc. It also includes an allowance for the required Health, Disability and Professional Liability Insurances, as well as USMLE exam fees for M2 and M4 students.



Florida Atlantic University College of Medicine Estimated Cost of Attendance
Budget for 2015‐2016

Tuition and Fees are established by the FL State Legislature, FL Board of Governors, and the FAU Board of Trustees, and are subject to change


First Year Medical Student M1
  Dates of Attendance for M1s for 2015-2016:
August 10, 2015 – May 20, 2016 (10 months)

Florida Resident-Off Campus:   Out of State Resident-Off Campus:  
Tuition $28,111 Tuition $62,532
Fees* $ 4,039 Fees* $ 5,760
Books and Supplies $ 2,093 Books and Supplies $ 2,093
Room and Board $12,259 Room and Board $12,259
Transportation $ 3,508 Transportation $ 3,508
Personal  $ 6,366 Personal $ 6,366
Total Off Campus $56,376 Total Off Campus $92,518
(Total On Campus $58,601) (Total On Campus $93,648)
(Total With Parents $49,924) (Total With Parents $83,066)

*Includes Federal Student Loan Fees

Second Year Medical Student M2:
  Dates of Attendance for M2s for 2015-2016:
August 3, 2015 – April 29, 2016 (9 months)

Florida Resident-Off Campus:   Out of State Resident-Off Campus:  
Tuition $28,111 Tuition $62,532
Fees* $ 4,053 Fees* $ 5,774
Books and Supplies $ 584 Books and Supplies $ 584
Room and Board $11,120 Room and Board $11,120
Transportation $ 3,158 Transportation $ 3,158
Personal  $ 6,679 Personal $ 6,679
Total Off Campus $53,705 Total Off Campus $89,847
(Total On Campus $57,506) (Total On Campus $91,958)
(Total With Parents $45,176) (Total With Parents $81,318)

*Includes Federal Student Loan Fees 

                                        Third Year Medical Student M3:
                              Dates of Attendance for M3s for 2015-2016:
                                 May 4, 2015 – April 29, 2016 (12 months)
 
 
Florida Resident-Off Campus:   Out of State Resident-Off Campus:  
Tuition $28,111 Tuition $62,532
Fees* $ 4,066 Fees* $ 5,787
Books and Supplies $ 959 Books and Supplies $ 959
Room and Board $14,827 Room and Board $14,827
Transportation $ 4,582 Transportation $ 4,582
Personal  $ 8,727 Personal $ 8,727
Total Off Campus $61,272 Total Off Campus $97,414
(Total With Parents $49,900) (Total With Parents $86,042)
       

 *Includes Federal Student Loan Fees

                                    Fourth Year Medical Student M4:
                             Dates of Attendance for M4s for 2015-2016:
                             May 4, 2015 - March 25, 2016 (11 months)
           
 
Florida Resident-Off Campus:   Out of State Resident-Off Campus:  
Tuition $28,111 Tuition $62,532
Fees* $ 4,048 Fees* $ 5,769
Books and Supplies $ 275 Books and Supplies $ 275
Room and Board $13,687 Room and Board $13,687
Transportation $ 4,295 Transportation $ 4,295
Personal  $ 8,478 Personal $ 8,478
Total Off Campus $58,894 Total Off Campus $95,036
(Total With Parents $48,446) (Total With Parents $84,588)
       

*Includes Federal Student Loan Fees

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