Financing Your Education

Once you’ve been accepted to medical school, your next hurdle will be learning about how to pay for medical school.

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

Prior to matriculation, all accepted students will receive a complete FA application packet. All students applying for any financial assistance, including federal loans must complete:

  • Free Application for Federal Student Assistance (FAFSA) for the upcoming aid year
  • Institutional Application for Financial Aid/Need Based Grant Application
  • Credit Policy Statement
  • Master Promissory Note and Entrance Counseling Modules for Federal Direct Unsubsidized Stafford and Grad PLUS Loans.
  • Submission of prior year income/asset information for student and parent/guardian
  • Submission of financial aid transcript information from all prior undergraduate and graduate institutions attended. 
  • Other documents as requested by the Office of Student Affairs 
  • Each year, loan and need based grant applicants must complete the Parent Information section of the FAFSA and the Need Based Grant Application.
  • Each year, loan only applicants must complete the FAFSA; only applicant info is required for loan-only applicants. 

Important Links


What is included in the Cost of Attendance?


This page provides information regarding billing rates for medical student enrollment at Stony Brook University for the Fall 2023 semester.

Tuition and fee rates are subject to change.

The table below provides total tuition and fee charge information for full-time enrollment.

  NYS resident Non-NYS resident
Tuition $22,490 $33,555
Medical Student Activity Fee $45 $45
Total Comprehensive Fee $1,271.25 $1,271.25
Medical Student Health Insurance* $2,206.65 $2,206.65
Clinical Skills Fee $650 $650
Total Semester Tuition and Fees $26,662.90 $37,727.90









Broad Based Fees (Comprehensive Fee)
The Comprehensive Fee, composed of the Academic Excellence & Success Fee, College Fee, Student Health Services Fee, Technology Fee, Lifetime Career Development Fee and the Transportation Fee is mandatory for all professional medical students.

*Required Medical Student Health Insurance
All full-time domestic students at Stony Brook are automatically billed for the University Health Insurance plan at the beginning of each semester.

The cost of this insurance is $2,206.65 for Fall 2023.
The cost of this insurance is $3,071.85 for Spring24/Summer24.

The Student Health Insurance Plan (SHIP) is applicable to domestic students. The International Student Health Insurance is applicable to all International Exchange, Research & Study Programs.

If a student already has comparable health insurance coverage through a job or through a relative's insurance plan, a waiver of the required insurance may be completed online through SOLAR, Stony Brook University's enterprise-wide, self-service system.

For more information regarding the insurance plan, and the waiver process, please visit the Student Health Services website.

Please contact the Student Health Insurance Office at (631) 632-6054 for information and enrollment materials on plans for spouses and dependents.

Late Fees

Late Registration Fee
The late registration fee is assessed to students who register on or after the first day of classes. This fee is $50.00. Please see the academic calendar for more information regarding this charge.

Late Payment Fee
A late fee is charged each month your semester bill remains unpaid or is not deferred by financial aid. This charge is assessed on or after the 15th of each month. This is charged at a rate of up to $50 each month, and up to $200 per semester.

Private Educational Loans

For purposes of federal student loan eligibility the following expenses cannot be included in the cost of attendance: 

  • Vehicle purchases/lease payments,
  • Credit card payments
  • Residency relocation expenses


Private educational loans are available to assist students with these expenses. Private educational loans are based on credit eligibility and may not be eligible for borrower benefits, repayment options and loan forgiveness options that are available for federal loan programs. Some private educational loan lenders also offer loans for residency relocation expenses. 

Financial Literacy

Trends in student loan debt across all levels of higher education have resulted in a need for financial literacy education. Financial literacy programs include a wide array of topics, not all of which are geared towards the needs of medical students and young physicians. However, the AAMC/FIRST programs and website provide comprehensive financial information geared specifically towards future physicians throughout all phases of their training; from the pre-medical years through fellowships and everything in between. The Office of Student Affairs strongly recommends the FIRST Webinars as “must see” viewing. The MedLoans Loan Organizer and Calculator and the Education Debt Manager will provide the foundation for financial success as you begin your career.