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MD Program

Cost of Attendance by Year

Year 1 (Foundation Phase 1 & 2)

Here are items you may want to consider in your budget when deciding how much financial aid you will need.

Items included in the cost of attendance:

  • Ipad
  • Housing (rent, utilities, etc.)
  • Transportation

Items not included in the cost of attendance:

  • Moving Expenses
  • Start-up costs at the beginning of the school year such as a security and utility deposits

Year 2 (Foundation Phase 3 & Application Phase)

As you begin budgeting for Year 2, be sure to include USMLE Step 1 fees. Step 1 is taken at the end of Foundation Phase 3, usually in the Spring. The most recent fees were $680, but up-to-date fee information can be found here.

Other cost to consider when budgeting:

  • USMLE Study Materials
  • Attire for Application Phase (professional attire is required)
  • Increased transportation costs for travel to hospitals, parking, etc.
  • Relocating to branch campus and the cost of living
  • VSLO – Visiting Student Learning Opportunities application fee

Year 3 (Application Phase & Individualization Phase)

As you begin budgeting for Year 3, be sure to include the fees for USMLE Step II Clinical Knowledge and study materials. Most students elect to take Step II Clinical Knowledge between Year 3 and Year 4. For the most up-to-date fee information, click here.

Year 4 (Individualization Phase)

Cost to consider when budgeting, however it is not part of the cost of attendance:

  • Electronic Residency Application Service (ERAS) fees
  • National Resident Matching Program (NRMP) fees
  • Travel expenses for residency interviews
  • Travel expenses for away rotations
  • Graduation expenses:  invitations, cap and gown rental, diploma, etc.
  • Living expenses between graduation and the first paycheck for medical residency

Please see our Residency and Relocation Loans page for more information about preparing for beyond graduation.

Optional LOA Year (including research years, MPH, MBA, etc.)

Taking a Leave-of-Absence (LOA) year will require special financial planning. Students pursuing additional professional degrees (MPH, MBA, etc.) in these programs, should be aware of loan disbursement dates and cost of attendance.

If you plan to take a leave of absence, please contact the receptionist in Student Affairs at 919-962-8335 to set up an official leave of absence meeting.