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 2014‐2015

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
Projected Dates of Attendance for M1s for 2014-2015:
August 4, 2014 - May 22, 2015 (10 months)

Florida Resident-Off Campus:   Out of State Resident-Off Campus:  
Tuition $27,292 Tuition $60,710
Fees* $ 3,704 Fees* $ 5,040
Books and Supplies $ 2,038 Books and Supplies $ 2,038
Room and Board $12,171 Room and Board $12,171
Transportation $ 3,526 Transportation $ 3,526
Personal  $ 8,018 Personal $ 8,018
Total Off Campus $56,749 Total Off Campus $91,503
(Total On Campus $58,601) (Total On Campus $92,815)
(Total With Parents $47,780) (Total With Parents $82,534)

*Includes Federal Student Loan Fees

Second Year Medical Student M2:
Projected Dates of Attendance for M2s for 2014-2015:
August 4, 2014 - May 1, 2015 (10 months)

Florida Resident-Off Campus:   Out of State Resident-Off Campus:  
Tuition $27,292 Tuition $60,710
Fees* $ 3,735 Fees* $ 5,071
Books and Supplies $ 1,427 Books and Supplies $ 1,427
Room and Board $11,947 Room and Board $11,947
Transportation $ 3,526 Transportation $ 3,526
Personal  $ 8,598 Personal $ 8,598
Total Off Campus $56,525 Total Off Campus $91,279
(Total On Campus $57,837) (Total On Campus $92,591)
(Total With Parents $47,612) (Total With Parents $82,366)

*Includes Federal Student Loan Fees 

                                        Third Year Medical Student M3:
                        Projected Dates of Attendance for M3s for 2014-2015:
                                 May 5, 2014 - May 1, 2015 (11 months)
(May 2014 was funded in the M2 Year & May 2015 will be funded in the M4 year)
 
Florida Resident-Off Campus:   Out of State Resident-Off Campus:  
Tuition $27,292 Tuition $60,710
Fees* $ 3,696 Fees* $ 5,032
Books and Supplies $ 2,038 Books and Supplies $ 2,038
Room and Board $14,085 Room and Board $14,085
Transportation $ 4,462 Transportation $ 4,462
Personal  $ 8,633 Personal $ 8,633
Total Off Campus $60,206 Total Off Campus $94,960
(Total With Parents $50,166) (Total With Parents $84,920)
       

 *Includes Federal Student Loan Fees

                                    Fourth Year Medical Student M4:
                        Projected Dates of Attendance for M4s for 2014-2015:
                             May 12, 2014 - March 27, 2015 (10 months)
           (May 2014 was funded in the M3 Year & Classes end March 27, 2015)
 
Florida Resident-Off Campus:   Out of State Resident-Off Campus:  
Tuition $27,292 Tuition $60,710
Fees* $ 3,696 Fees* $ 5,032
Books and Supplies $ 359 Books and Supplies $ 359
Room and Board $12,733 Room and Board $12,733
Transportation $ 5,689 Transportation $ 5,689
Personal  $ 9,962 Personal $ 9,962
Total Off Campus $59,731 Total Off Campus $94,485
(Total With Parents $50,621) (Total With Parents $85,375)
       

*Includes Federal Student Loan Fees

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