Financial Aid Information

Cost of Attendance Application Process Academic Eligibility
Financial Aid Programs Debt Management Strategies  

Welcome to the Stony Brook University Financial Aid information page!    The information provided below is comprehensive, and should provide you with a good understanding of all aspects of financing your medical education.  You will likely have questions, so please don’t hesitate to contact the Student Affairs Office at 631-444-2341.  If you prefer e-mail, Anita Henninger can be reached at Mary Jean Allen can be reached at

It is the responsibility of the Student Affairs Office to ensure that concerns over finances do not impact your ability to succeed in medical school and to give you a foundation for long term financial success.   Responsibility for financing your education rests primarily with the you, the student and your family.  Federal, State and Institutional financial aid programs are meant to supplement student and family resources. 

It is your responsibility to become an educated and responsible borrower; and to maintain a lifestyle consistent with being a student.  This will help ensure a strong financial future.    Working together, we can each achieve these goals.

We look forward to working with you.

Class of 2020
First Year Cost of Attendance 2016.17**

Tuition (NYS Resident)*   $20,080 $20,080 $40,160      
University Comprehensive Fee*   $741 $741 $1,482      
SOM Fees*   $835 $835 $1,670      
Room/Board/food   $5,875 $5,875 $11,750      
Books/Supplies   $1,200 $1,200 $2,400      
Transportation   $2,388 $2,387 $4,775      
Personal/Misc   $2,250 $2,250 $4,500      
  NYS resident $33,369 $33,368 $66,737      
Tuition (Non-resident)*   $31,630 $31,630 $63,260      
University Comprehensive Fee*   $741 $741 $1,482      
SOM Fees*   $835 $835 $63,260      
Room/Board/food   $5,875 $5,875 $11,750      
Books/Supplies   $1,200 $1,200 $2,400      
Transportation   $2,388 $2,387 $4,775      
Personal/Misc   $2,250 $2,250 $4,500      
  Non NYS resident $44,919 $44,918 $89,837      

* Subject to Change

** The academic year runs from August 10, 2016 through June 10, 2017.  The cost of attendance includes only expenses during the academic year.  Summer 2017 expenses cannot be include in the cost of attendance.







Important Websites:

Stony Brook University Main Page:

Stony Brook University Medical Center Main Page:

SOLAR System – your online system for all financial transactions.  Access SOLAR to view/accept/decline your financial aid awards; pay your bill; view your account.

Online FAFSA

Federal Direct MPN – a comprehensive guide to all aspects of state, federal and private financial aid programs.  Includes resources for private loans and scholarships:

Student Health Services:

Parking and Transportation Services:


Financial Aid Programs

Federal Loans

 Private Educational Loans
Annual maximum is cost of attendance less other aid; variable interest rate adjusted monthly or quarterly, no cap; no interest subsidy; capitalization policy varies by lender; tight credit requirements; some lenders offer co-signer option; can be used for some expenses not allowable under federal loan regulations.


Turner Fellowship

The W. Burghardt Turner Fellowship is a Graduate Fellowship Program for eligible underrepresented students whose immediate academic plans include obtaining graduate or professional degrees in a variety of disciplines including the biological sciences, physical sciences, social sciences, medicine, humanities, engineering, and the arts.

Disadvantaged Student Tuition Waiver Program

This grant is funded by the State University of New York, campus-based aid program and it provides up to a full waiver of tuition for students who qualify according to the current year EOP economic eligibility criteria and the Federal methodology of needs analysis. This is a need-based tuition waiver program available to New York State residents enrolled as full-time students in a State University first graduate or professional degree program. Medical and dental students have first priority for this award.  Applicants must complete the “Parent Information” section of the FAFSA for the year in which they are applying. 

Admissions Fellowships and Renaissance School of Medicine at Stony Brook University Alumni Scholarships                 

These awards are need based and may supplement the Disadvantaged Student Tuition Waiver award.  Applicants must complete the “Parent Information” section of the FAFSA for the year in which they are applying.  Awards are renewable provided the recipient remain in good academic standing.  The Alumni Scholarship program is funded by contributions from Renaissance School of Medicine graduates.

Dr. Amy S. Chu-Wong Scholarship Fund

This award shall support a female medical student with children, who is also of Chinese descent.  The award is based on financial need and academic achievement.



Northern New York Medical Foundation

The Northern New York Medical Foundation will provide funds for third and fourth year medical students from Essex, Clinton, Franklin and St. Lawrence counties, who will make a commitment to return to those counties.  Priority will be given to those going into primary care.  Awards will range from $10,000 to full tuition, depending on the number of qualified students and the vitality of the Foundation. 

National Health Service Corps Scholarship

National Health Service Corps scholars are committed to serve one year for each year of support (minimum of two years service) at an approved site in a high-need Health Professional Shortage Area soon after they graduate, serve a primary care residency (family medicine, general pediatrics, general internal medicine, obstetrics/gynecology or psychiatry for physicians and general or pediatric for dentists) and are licensed.

Scholars compete for employment at the approved service sites of their choice from a listing of job vacancies in their discipline and specialty. The NHSC helps scholars select a compatible service site and pays for travel to and from interviews.

National Health Service Corps Loan Repayment Program 

The National Health Service Corps Loan Repayment Program provides $50,000 (or the outstanding balance of qualifying student loans if it is less than $50,000), tax free, to primary care medical, dental and mental health clinicians in exchange for two years of service at an approved site in a Health Professional Shortage Area. Upon completion of the service commitment, clinicians may be eligible to apply for additional support for extended service.


Army Health Care



Cash Management

Your student expense budget allows you $2000/month for living expenses.  Your Fall disbursement should be available for your expenses through January.  Your Spring disbursement should be available through June

  • Cash management skills are a must!
  • Monthly expenses (rent, utilities, food, gas) should be in a checking account. 
  • Non-monthly expenses (car insurance, books, car maintenance) should be in savings and moved to checking as needed
  • Account, analyze and adjust your expenses if you are having difficulty maintaining your budget.


Credit Cards

A means for buying something you don’t need; at a price you can’t afford; with money you don’t have.  Stay away from the credit cards!  Use a charge card like American Express or a debit card.


Adding $200 per month to a credit card and only paying the monthly minimum will result in $15,000 of credit card debt over 4 years.


Strategies for Managing Your Loans


  • Know how much you’ve borrowed
  • Know your loan servicer
  • Know the relative costs of your loans
  • Know your repayment options, including:

                  Grace Period

                  Income Based Repayment Period                 

                  Forbearance options

                  Public Service Loan Forgiveness

                  Standard Repayment

                  Income Sensitive Repayment

                  Graduated Repayment

Extended Repayment

  • Keep a calendar and good records