Financing Your Medical Education

Between 70-80% of medical students attending the Renaissance School of Medicine (RSOM) at Stony Brook University will finance their medical education solely or partially through the Federal Direct Loan Program. The Federal Direct Unsubsidized Stafford Loan and the Federal Direct Grad PLUS are the federal loan programs available to RSOM students.

All accepted students will receive a Financial Aid application packet. All students applying for financial assistance, including federal loans, must complete:

  • Free Application for Federal Assistance (FAFSA) for the upcoming aid year**.
  • RSOM Institutional Application for Financial Aid/Need Based Grants
  • RSOM Credit Policy Statement
  • Master Promissory Note (MPN) and Entrance Counseling Modules for Federal Direct Unsubsidized Stafford and Grad PLUS loans.
  • Prior year income/asset information for student and parent/guardian
  • Financial Aid Transcript or documentation of all prior financial aid received from prior undergraduate and graduate institutions attended.
  • Other documents as requested by the Office of Student Affairs.
  • The FAFSA is required annually for all students receiving financial aid.
  • Each year, need based grant applicants and current recipients must complete the Need Based Grant Application and include parental income information.

**International Students are ineligible for federal financial aid. Private educational loans are available for international students.

 

Cost of Attendance (Entering 2024 students)

 

Class of 2028
(NYS Resident)
Fall 2024 Spring 2025 Based on
10 Months
Tuition $    22,825.00 $    22,825.00 $    45,650.00
Fees $      2,244.00 $      2,244.00 $      4,488.00
Total Billed Charges $    25,069.00 $    25,069.00 $    50,138.00
       
Class of 2028
(Out of State)
Fall 2024 Spring 2025 Based on
10 Months
Tuition $     33,555.00 $     33,555.00 $     67,110.00
Fees $       2,244.00 $       2,244.00 $       4,488.00
Total Billed Charges $     35,799.00 $     35,799.00 $     71,598.00
       

Living and
Other Expenses

Fall 2024 Spring 2025 Based on
10 Months
Books/Supplies $      2,375.00 $      2,375.00 $      4,750.00
Housing $      6,270.00 $      6,270.00 $    12,540.00
Meals $      3,175.00 $      3,175.00 $      6,350.00
Transportation $      2,318.00 $      2,318.00 $      4,636.00
Personal Expenses $      2,150.00 $      2,150.00 $      4,300.00
Total Living Expenses $    16,288.00 $    16,288.00 $    32,576.00
       
Health Insurance $5,573.00/year +

 

Health Insurance

  • Health insurance coverage is a requirement for all RSOM students.
  • Existing coverage through enrollment in a parent’s/spouse’s/domestic partner’s health insurance plan fulfills this requirement
  • All university students are billed for health insurance. Students with existing coverage can waive the insurance charge through SOLAR.
  • Verification of existing insurance is required.
  • In the event that a student is no longer enrolled in private coverage, Student Health Insurance Plan (SHIP) enrollment is available at any time. The insurance charged will be pro-rated.
  • For additional information, contact the Student Insurance Office at (631) 632-6054.

 

State Residency

The Renaissance School of Medicine at Stony Brook University is state supported. As such, tuition determination is dependent upon sufficient documentation of New York State residency. If your principal or permanent home has not been in New York State for a 12-month period immediately prior to the date you intend to enroll, you will be considered an out-of-state student for tuition purposes.

For additional clarification regarding this matter, please go to the Stony Brook University website's Student Financial Services pages on New York State residency.

 

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