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Cost of Attendance


Student Cost of Attendance (COA) budgets are developed each academic year by the HWCOM Office of Financial Aid and are dependent on tuition and fee structures set by the governing boards. Therefore, the COA may be estimated during the early awarding process and is subject to change. The COA is used in the evaluation of financial need and awarding of aid and to give students an estimate of reasonable costs to attend the Herbert Wertheim College of Medicine.

The standard student budgets are based on typical expenses for a single student. Costs for a student's spouse/children are not included in the standard student budget; these expenses are accounted for in the need analysis formula of the FAFSA.

Tuition and Fees:
Tuition and fees are charged at a flat yearly rate, regardless of the actual hours enrolled. The academic term is the full academic year, so all courses taken during the academic year are covered. Tuition is billed twice a year, 50% in the Fall, 50% in the Spring . The tuition and fees are reviewed annually and are subject to change.

Books and Supplies:
Cost is estimated based on a survey of costs associated with required books and supplies. Books and supplies consist of: required textbooks, miscellaneous supplies; and diagnostic instruments such as stethoscope, reflex hammer, and lab coat (M1s only).

Room and Board:
The off campus housing component assumes single occupancy of rental units in the surrounding community and will be used as the standard, traditional Cost of Attendance budget. Students should consider housing options carefully. Other housing budgets include on campus and with parents and are determined by what is reported in the FAFSA. The food component (board) of the student budget assumes a combination of prepared meals and grocery expenses while cooking at home.

Transportation:
Travel costs are estimated based on an allowance for car maintenance, gas, and insurance.

Personal Expenses:
Personal expenses for HWCOM students take into consideration the following estimated costs: cell phone, clothing, uniforms, haircuts, laundry, cleaning, supplies, membership dues, journal subscriptions, registrations, dental visits, entertainment, etc.

Estimated Medical Student Cost of Attendance Budget for 2014-2015
Established by the FL State Legislature, FL Board of Governors, and the FIU Board of Trustees.
Tuition and fees are billed twice a year, 50% in the Fall, 50% in the Spring.
Figures are subject to change.

Class of 2018, M1
Fall – Spring, 8 month Budget
Florida Resident Off Campus:
Charges:
Tuition $31,939
University Fees $5,459
HWCOM Computer Fee $850
Reimbursable Expenses:
Books and Supplies $3,112
Room $11,533
Board $4,756
Transportation $2,576
Personal Expenses $2,910
Health Insurance $2,106
Medical Student Fees $318
Loan Fees* $1,050
Total $66,609
Out of State Resident Off Campus:
Charges:
Tuition $61,939
University Fees $6,959
HWCOM Computer Fee $850
Reimbursable Expenses:
Books and Supplies $3,112
Room $11,533
Board $4,756
Transportation $2,576
Personal Expenses $2,910
Health Insurance $2,106
Medical Student Fees $324
Loan Fees* $1,050
Total $98,115
Class of 2018, M1
Summer, 3 month Budget
Florida Resident Off Campus:
Charges:
Tuition $0
University Fees $0
HWCOM Computer Fee $0
Reimbursable Expenses:
Books and Supplies $2,851
Room $4,325
Board $1,784
Transportation $966
Personal Expenses $1,091
Health Insurance $0
Medical Student Fees $0
Loan Fees* $0
Total $11,017
Out of State Resident Off Campus:
Charges:
Tuition $0
University Fees $0
HWCOM Computer Fee $0
Reimbursable Expenses:
Books and Supplies $2,851
Room $4,325
Board $1,784
Transportation $966
Personal Expenses $1,091
Health Insurance $0
Medical Student Fees $0
Loan Fees* $00
Total $11,017
Class of 2017, M2
Fall – Spring, 8 month Budget
Florida Resident Off Campus:
Charges:
Tuition $31,939
University Fees $5,459
HWCOM Computer Fee $850
Reimbursable Expenses:
Books and Supplies $2,851
Room $11,533
Board $4,756
Transportation $2,576
Personal Expenses $2,910
Health Insurance $2,106
Medical Student Fees $151
Loan Fees* $1,050
Total $66,181
Out of State Resident Off Campus:
Charges:
Tuition $61,939
University Fees $6,959
HWCOM Computer Fee $850
Reimbursable Expenses:
Books and Supplies $3,768
Room $11,533
Board $4,756
Transportation $2,576
Personal Expenses $2,910
Health Insurance $2,106
Medical Student Fees $151
Loan Fees* $1,050
Total $97,681
Class of 2017
Summer, 4 month Budget
Florida Resident Off Campus:
Charges:
Tuition $0
University Fees $0
HWCOM Computer Fee $0
Reimbursable Expenses:
Books and Supplies $545
Room $5,767
Board $2,378
Transportation $2,291
Personal Expenses $1,455
Health Insurance $0
Medical Student Fees $898
Loan Fees* $0
Total $13,334
Out of State Resident Off Campus:
Charges:
Tuition $0
University Fees $0
HWCOM Computer Fee $0
Reimbursable Expenses:
Books and Supplies $545
Room $5,767
Board $2,378
Transportation $2,291
Personal Expenses $1,455
Health Insurance $0
Medical Student Fees $904
Loan Fees* $0
Total $13,340
Class of 2016, M3
Fall – Spring, 8 month Budget
Florida Resident Off Campus:
Charges:
Tuition $31,939
University Fees $5,459
HWCOM Computer Fee $850
Reimbursable Expenses:
Books and Supplies $545
Room $11,533
Board $4,756
Transportation $4,447
Personal Expenses $2,910
Health Insurance $2,106
Medical Student Fees $898
Loan Fees* $1,050
Total $66,493
Out of State Resident Off Campus:
Charges:
Tuition $61,939
University Fees $6,959
HWCOM Computer Fee $850
Reimbursable Expenses:
Books and Supplies $545
Room $11,533
Board $4,756
Transportation $4,447
Personal Expenses $2,910
Health Insurance $2,106
Medical Student Fees $904
Loan Fees* $1,050
Total $97,999
Class of 2016
Summer, 4 month Budget
Florida Resident Off Campus:
Charges:
Tuition $0
University Fees $0
HWCOM Computer Fee $0
Reimbursable Expenses:
Books and Supplies $1,991
Room $5,767
Board $2,378
Transportation $2,291
Personal Expenses $1,455
Health Insurance $0
Medical Student Fees $2,268
Loan Fees* $0
Total $16,150
Out of State Resident Off Campus:
Charges:
Tuition $0
University Fees $0
HWCOM Computer Fee $0
Reimbursable Expenses:
Books and Supplies $1,991
Room $5,767
Board $2,378
Transportation $2,291
Personal Expenses $1,455
Health Insurance $0
Medical Student Fees $2,274
Loan Fees* $0
Total $16,156
Class of 2015, M4
Fall - Spring, 9 month Budget
Florida Resident Off Campus:
Charges:
Tuition $31,939
University Fees $5,459
HWCOM Computer Fee $850
Reimbursable Expenses:
Books and Supplies $1,991
Room $12,972
Board $5,350
Transportation $4,859
Personal Expenses $3,274
Health Insurance $2,106
Medical Student Fees $2,268
Loan Fees* $1,050
Total $72,110
Out of State Resident Off Campus:
Charges:
Tuition $61,939
University Fees $6,959
HWCOM Computer Fee $850
Reimbursable Expenses:
Books and Supplies $1,991
Room $12,972
Board $5,350
Transportation $4,851
Personal Expenses $3,274
Health Insurance $2,106
Medical Student Fees $2,274
Loan Fees* $1,050
Total $103,616

*Per federal regulations, an additional reimbursable allowance has been included for assessed Federal Direct Loan Origination fees.