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Medical School Cost


How Much Does Medical School Cost?

 
average costMedium: Public Law Schools Averages $16,690 per yearhigh costHigh: Private Law Schools Averages $34,749 per year
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During the past 20 years while the current crop of med-school hopefuls were growing up and earning undergraduate studies, the cost of tuition at medical schools has increased by 133 percent, according to a survey by the American Medical Association[1] . Student options boil down to public or private schools.

Typical costs:

  • Public medical school tuition averaged $16,690 per year in 2006-2007 for in-state residents, according to the American Association of Medical Colleges[2] . To complete the four-year degree program the average cost is about $66,750. Because these schools receive tax revenues, out-of-state residents paid an annual average of around $34,900, or about $139,600 total. The Brody School of Medicine at East Carolina University offers one of the lowest in-state rates at $9,036 for the first year, while the University of Colorado[3] charged one of the highest tuitions for non residents in 2005-2006 at $75,700 for the year.
  • Private medical schools cost an average[4] of $34,749 in 2006-2007 or around $139,000 for a four-year degree program. Baylor Medical School in Texas charges the lowest tuition at $8,325 for the first year with Tufts University Medical School[5] in Boston charging one of the highest annual rates at around $44,700 during 2006-2007.
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Additional costs:
  • Health insurance for public medical school students averaged[6] around $1,333 during 2006-2007. At private schools, insurance averaged $1,859 for residents and $2,004 for nonresidents.
  • Books and supplies run around $1,400-$1,500 for the first year and drop each year after. Students at Tufts Medical School[7] starting in 2006-2007, paid $1,525 the first year, and will pay $535-775 a year afterwards.
  • Fees vary by school[8] . In 2006-2007 state residents at public schools paid an average of $3,013 in fees while nonresidents paid $3,747. At private institutions, students paid about $1,265.
  • Because living expenses vary by location, check the individual school website for current rates. Dormitory and board charges at 2847Baylor University in Texas run $7,240 for 2007-2008, while a single room with a full meal plan is $6,024 at the University of North Dakota[9] . First-year dormitory housing at Tufts University in Massachusetts[10] was $10,890 in 2006-2007.
Discounts:
  • Financial aid opportunities are available through each university's website.
Shopping for medical school:
  • The American Association of Medical Colleges offers an online list of member medical schools by state[11] .
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External Resources:
  1.  www.ama-assn.org/ama/pub/category/5349.html
  2.  ////services.aamc.org/tsfreports/report_median.cfm?year_of_study=2007
  3.  www.vault.com/articles/The-History-of-Medical-Schools-in-the-U.S.-27653519.html
  4.  ////services.aamc.org/tsfreports/report_median.cfm?year_of_study=2007
  5.  medicine.tufts.edu/Who-We-Are/Publications/TUSM-Redesign
  6.  ////services.aamc.org/tsfreports/report_median.cfm?year_of_study=2007
  7.  medicine.tufts.edu/Who-We-Are/Publications/TUSM-Redesign
  8.  ////services.aamc.org/tsfreports/report_median.cfm?year_of_study=2007
  9.  und.edu/student-life/housing/
  10.  medicine.tufts.edu/Who-We-Are/Publications/TUSM-Redesign
  11.  /services.aamc.org/memberlistings/index.cfm?fuseaction=home.search&search_type=MS
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