College of Medicine / Students / Financial Aid / Cost of Attendance


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 are accounted for in the FAFSA’s need analysis formula, which calculates the EFC.

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/financialaid/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 M3 students

Florida Atlantic University College of Medicine Estimated Cost of Attendance Budgets for 2016-2017

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 M1’s in 2016-2017
August 8, 2016 – May 19, 2017 (10 months)

Florida Resident-Off Campus:

 

Out of State Resident-Off Campus:

 

Tuition

$28,111

Tuition

$62,532

Fees *

$4,010

Fees *

$5,731

Books and Supplies

$2,131

Books and Supplies

$2,131

Room and Board

$12,727

Room and Board

$12,727

Transportation

$3,515

Transportation

$3,515

Personal

$7,316

Personal

$7,316

Total Off Campus

$57,810

Total Off Campus

$93,952

(Total On Campus

$58,416)

(Total On Campus

$94,558)

(Total With Parents

$47,888)

(Total With Parents

$84,030)

* Includes Federal Student Loan Fees

 

 

 

Second Year Medical Student (M2)
Dates of Attendance for M2’s in 2016-2017
August 1, 2016 – April 28, 2017 (9 months)

Florida Resident-Off Campus:

 

Out of State Resident-Off Campus:

 

Tuition

$28,111

Tuition

$62,532

Fees *

$4,000

Fees *

$5,721

Books and Supplies

$595

Books and Supplies

$595

Room and Board

$11,454

Room and Board

$11,454

Transportation

$3,164

Transportation

$3,164

Personal

$7,586

Personal

$7,586

Total Off Campus

$54,910

Total Off Campus

$91,052

(Total On Campus

$56,551)

(Total On Campus

$92,693)

(Total With Parents

$45,981)

(Total With Parents

$82,123)

* Includes Federal Student Loan Fees

 

 

 

Third Year Medical Student (M3)
Dates of Attendance for M3’s in 2016-2017
April 18, 2016 – April 28, 2017 (12 months*)
*(April 2016 living Costs Were Funded in The 2015-2016 Academic Year)

Florida Resident-Off Campus:

 

Out of State Resident-Off Campus:

 

Tuition

$28,111

Tuition

$62,532

Fees *

$4,094

Fees *

$5,815

Books and Supplies

$976

Books and Supplies

$976

Room and Board

$15,273

Room and Board

$15,273

Transportation

$4,343

Transportation

$4,343

Personal

$9,863

Personal

$9,863

Total Off Campus

$62,660

Total Off Campus

$98,802

(Total On Campus

$62,835)

(Total On Campus

$98,977)

(Total With Parents

$50,753)

(Total With Parents

$86,895)

* Includes Federal Student Loan Fees

 

 

 

Fourth Year Medical Student (M4)
Dates of Attendance for M4’s in 2016-2017
May 2, 2016 – April 21, 2017 (12 months)

Florida Resident-Off Campus:

 

Out of State Resident-Off Campus:

 

Tuition

$28,111

Tuition

$62,532

Fees *

$4,098

Fees *

$5,819

Books and Supplies

$280

Books and Supplies

$280

Room and Board

$15,273

Room and Board

$15,273

Transportation

$4,750

Transportation

$4,750

Personal

$7,988

Personal

$7,988

Total Off Campus

$60,500

Total Off Campus

$96,642

(Total On Campus

$60,675)

(Total On Campus

$96,817)

(Total With Parents

$48,593)

(Total With Parents

$84,735)

* Includes Federal Student Loan Fees

 

 

 



Last Modified 11/8/16