Cost of Attendance
Student Cost of Attendance (COA) budgets are developed each academic year by the HWCOM Office of Financial Assistance 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.
Travel costs are estimated based on an allowance for car maintenance, gas, and insurance.
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.
Medical Student Fees:
Medical Student Fees consist of all fees required of medical students that are external from the University fees. These fees include Disability insurance, background checks, drug screens, immunizations, USMLE fees, etc. Please view the Medical Student Fee Chart.
Per Federal regulations, an additional reimbursable expense has been included for the average assessed Federal Direct Loan Origination fees.
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.
Fees include University and College of Medicine fees.
Figures are subject to change.