It is the goal of the GW MD Program Financial Aid Office to provide you with the information necessary to make good choices in financing your medical school education. Our office offers a number of programs to assist you in financing your education, including: institutional gift aid, merit and need-based scholarships, as well as participating in Federal Direct, HRSA, and institutional loan programs, and assisting students in obtaining private loans. GW MD Program Financial Aid will only certify loans to the total cost of attendance (COA) less any institutional aid, outside scholarships or other outside resources (e.g. AmeriCorps Segal Awards). Costs that may affect the COA are listed below the table.
COA budgets are intended as a guide to reflect a student's AVERAGE cost of attendance; they do not imply the availability of financial aid funds. Please note that tuition rates and total COA figures are subject to change at any time. These figures do not represent actual costs, they only serve as a general framework for your personal budget. If you borrow the full budget from financial aid you will incur a considerable debt and may not be able to secure resources to complete your education should you experience adverse credit. Therefore, students are strongly encouraged to live below the budget and to be mindful of their spending.
The Financial Aid Office will divide each allowance by two to represent the allowance for either the fall or spring semesters. 2nd and 3rd year students should please note that the National Board Exam fees are divided in half over both semesters.
2022-2023 Standard Cost of Attendance Budgets for Each Class of Students
|Class of 2026 (1st Yr)||Class of 2025 (2nd Yr)||Class of 2024 (3rd Yr)||Class of 2023 (4th Yr)|
|Length of Academic Calendar (months): 9||Length of Academic Calendar (months): 11||Length of Academic Calendar (months): 12||Length of Academic Calendar (months): 11|
|Tuition 1: $65,840||Tuition 1: $66,225||Tuition 1: $66,875||Tuition 1: $66,875|
|University Fees 2:$540||University Fees 2: $510||University Fees 2: $260||University Fees 2: $260|
|Graduation & Cap/Gown Fee: $0||Graduation & Cap/Gown Fee: $0||Graduation & Cap/Gown Fee: $0||Graduation & Cap/Gown Fee:$109|
|Books & Supplies3: $0||Books & Supplies: $0||Books & Supplies: $0||Books & Supplies: $0|
|Instruments 4: $250||Instruments 3: $0||Instruments 3: $0||Instruments 3: $0|
|Living Expenses*5: $19,820||Living Expenses* 4: $24,780||Living Expenses* 4: $29,760||Living Expenses* 4: $27,280|
|Health Care Allowance 6: $2,470||Health Care Allowance 5: $2,470||Health Care Allowance 5: $2,470||Health Care Allowance 5: $2,470|
|Step I & II, National Board Exam: $0||Step I & II, National Board Exam: $660||Step I & II, National Board Exam: $660||Step I & II, National Board Exam: $0|
|Residency Interviews: $0||Residency Interviews: $0||Residency Interviews: $0||Residency Interviews: $2,000|
|Federal Student Loan Origination Fees 7: $Actual||Federal Student Loan Origination Fees 7: $Actual||Federal Student Loan Origination Fees 7: $Actual||Federal Student Loan Origination Fees 7: $Actual|
|Travel Home: $500||Travel Home: $500||Travel Home: $500||Travel Home: $500|
|Total: $89,420||Total: $95,145||Total: $100,525||Total: $99,494|
|Living Expenses Class of 2026 (1st Yr)||Living Expenses Class of 2025 (2nd Yr)||Living Expenses Class of 2024 (3rd Yr)||Living Expenses Class of 2023 (4th Yr)|
|Rent & Utilities: $1,550||Rent & Utilities: $1,550||Rent & Utilities: $1,550||Rent & Utilities: $1,550|
|Food/Household Expenses: $330||Food/Household Expenses: $330||Food/Household Expenses: $330||Food/Household Expenses: $330|
|Personal Expenses: $300||Personal Expenses: $300||Personal Expenses: $300||Personal Expenses: $300|
|Local Transportation: $22.22||Local Transportation: $72.73||Local Transportation: $300||Local Transportation: $300|
|Monthly Budget: $2,202||Monthly Budget: $2,253||Monthly Budget: $2,480||Monthly Budget: $2,480|
* May be increased for specific costs.
1. The Tuition category is Tuition only. Students who are under full-time hours (9 credit hours) in any semester should review the Tuition and Fee Schedule for the SMHS.
2. University Fees are assessed to all students registered on-campus. These fees are comprised of the Student Association and MD Activity Fees. The Student Association Fee is $3.00/credit to a maximum of $45.00/semester for all medical students. The Activity Fee is $390/yr. (for 1st year students), $310/yr. (for 2nd year students), $170/yr. (for 3rd year students), and $170/yr. (for 4th year students).Additionally, 1st year students are charged a $50 orientation fee and a $100 Step 1 study fee. 2nd Year students are also charged a $200 Step 1 study fee.
3. Books are available free through the Himmelfarb Library. Students who require paper books should contact Dean Goldberg. Students with this requirement will be able to obtain a cost of attendance adjustment and loan eligibility.
4. Instrument costs for 1st year students include dissecting equipment and clinical instruments.
5. The Monthly Budget is the total living expenses divided by the number of months in the academic year; it is provided as a guide. Students are expected to manage resources within the total budget according to their discretion.
6. The Health Care Allowance includes approximately $2,180 for mandatory health insurance, based on 2020-2021 pricing.
8. Loan fees will not be included in the students financial aid offer. Students must request a loan increase for actual loan origination fees based on their personal federal student loan borrowing. The fee is currently 1.057% on a Federal Direct Unsubsidized Loan and 4.228% on a Federal Direct Graduate PLUS Loan.
Increases to the Standard Cost of Attendance (COA) Budgets
Deadline for requests: April 15, 2023 unless otherwise noted
Note: All requests for an increase to the COA must include the documentation mentioned for each category and a signed Loan Increase Form, which may be found on the forms page. All documentation and the Loan Increase Form must be presented to a financial aid counselor, in person, four weeks prior to the end of any semester, unless otherwise noted. Requests made after the last day of exams will be processed in the first week of the following semester. Please note that all requests for an increase to the COA, for the purpose of increased borrowing, require one-on-one counseling.
Federal Loan Origination Fees. Please note that you may increase your COA to the net cost of attendance in student loans by requesting that federal loan origination fees be added to the COA. For the Federal Direct Graduate PLUS Loan, the origination fee is 4.228% of the loan, and for the Federal Direct Unsubsidized Loan, the amount is 1.057% of the loan (both rates will change on October 1, 2021 because of Sequestration). Your request to increase your COA must be in the form of a completed Loan Increase Form, which is available to students on the GW MD Program Financial Aid website.
Residency interview costs are included in the budget for 4th year students. Fourth year students who have financial aid ‘up to cost of attendance' and are still short of funds due to these expenses should contact the Financial Aid Office concerning the Fourth Year Residency Travel Allowance Request Form. The deadline to submit all documentation is March 15, 2023. This does not include away rotations. Students may not increase the cost of attendance for away rotations, except for rotations outside of the United States.
Dependent care costs. For the purpose of determining financial need for federal programs, Congress has mandated that only those costs associated with the student's education be considered. Within the methodology for determining need, Congress has included an income protection allowance for dependents which is subtracted from the student's income. This allowance thereby reduces the expected contribution from the student's household. This allowance is based on national averages. On a case by case basis, where the family's available income is less than the income protection allowance, an addition to the standard budget of a 'dependent care allowance' to reflect costs of food and shelter for dependents may be appropriate. The bottom line is: federal student loans are for student educational expenses only. For married students the responsibility for child care is split and the student may only apply for an increase of 50% of reasonable costs. If the spouse is a stay at home parent, no increase will be made. Appeals may be made for a dependent spouse with challenges that to do not allow them to care for their children. Documentation as to the actual cost will be required. Students should complete a loan increase form.
Computer Purchase Policy. The Higher Education Amendments of 1998 included a provision that allows an institution, on a case by case basis, to include in a student's “cost of attendance” the actual, documented cost of a personal computer. Allowing inclusion of the cost is not based on any particular program of study or program requirement. The following policies and procedures will be in effect for GW MD Program students needing to purchase a laptop computer for their studies:
- The maximum allowance for purchase of a computer is $1,750, which can include the cost of a printer.
- Requests for inclusion of costs for maintenance and/or repair of a computer will not be considered. However, the cost of a maintenance contract or extended warranty, purchased along with the computer, can be included.
- The cost of software, printer cartridges, paper, monthly online service fees, etc. will be assumed to be covered by the books and supplies and miscellaneous allowances already included in the student’s COA.
- Expenses for the cost of leasing a computer (as an option to purchasing) can be considered. The monthly lease amount for each academic year will be considered, up to a career maximum of $1,750.
- In order to have the cost of the purchase of a computer added to the cost of attendance, the student must provide a written request for a loan increase to the GW MD Program Financial Aid Office, with a dated receipt/proof of purchase attached. Therefore, the computer must be purchased prior to the request for coverage.
- The purchase must have occurred no earlier than 90 days prior to enrollment in the MD Program.
- Inclusion of the cost of the computer (or an upgrade) will be allowed only once per program of study (example: once for undergraduate studies, once for graduate studies).
- Scholarship funds are not available to cover the cost of a computer. Students may apply for federal or alternative educational loan funds. Students should consult with a financial aid counselor to find out about loan eligibility.
- Requests must be submitted no later than April 15th for the current academic year.
The GW MD Program provides required specifications for all laptop computers that will run necessary software here. Your laptop must be able to run Examsoft software.
Disability Accommodation Expenses. For a student with a disability, an allowance for expenses related to the student’s disability. These expenses include special services, personal assistance, transportation, equipment, and supplies that are reasonably incurred and not provided by other agencies. A student is considered to have a disability if he or she has a physical or mental impairment that substantially limits a major life activity, such as if the student is deaf, has a mental disability, is hard of hearing, has a speech or language impairment, is visually disabled, is seriously emotionally disturbed, orthopedically impaired, autistic, has a traumatic brain injury, is otherwise healthimpaired, or has specific learning disabilities that require special education and related services.
Other expenses. The Medical School Office of Financial Aid may consider other educationally related expenses on a case-by-case basis. If you have an expense that does not meet the guidelines stated above please bring your paid receipts and a letter of explanation to the office for consideration, or email them to firstname.lastname@example.org. Please include your GWID on each document and in your email.
MD/MPH Program Cost of Attendance 2022-2023
Requests for loan increases and increased federal aid eligibility must be made by April 15, 15, 2023 by submitting a Loan Increase Request Form with any required documentation.
Please note that students may not increase their cost of attendance for residency interview travel during the MPH portion of this program. Instead, students are advised to look for Residency and Relocation Loan products from a private lender. Students may request increase for all other categories as described above.
This budget is set with the assumption that students will register 10 credit hours in the fall and ten hours in the spring. Any difference in registration will cause a change in this allowance. Please note that credit hours in this program are charged at a rate of $1620 per credit hour.
|credit hours: 10||credit hours: 10|
|credit hours: $16,200||credit hours: $16,200|
|Fees: $30||Fee: $30|
|Health Insurance: $1,235||Health Insurance: $1,235|
|Books: $900||Books: $900|
|Room: $6,975||Room: $6,975|
|Board: $1,485||Board: $1,485|
|Personal Expenses: $1,350||Personal Expenses: $1,350|
|Local Transportation: $100||Local Transportation: $100|
|Travel: $250||Travel: $250|
|Fall Total Cost of Attendance: $28,525||Spring Total Cost of Attendance: $28,525|
|Total Academic Year Cost of Attendance $57,050|