As you begin to prepare for medical school, one of the most important steps to take is to prepare yourself for the costs. Understanding the financial undertaking you are committing to is critical to your long-term fiscal well-being.
Follow this six-step financial aid checklist to begin the process of funding your education with federal financial aid.
Visit the Office of the Bursar's website for the official College of Medicine tuition and fees.
| Class of 2028 9-months | Class of 2027 9-months | Class of 2026 12- months | |
|---|---|---|---|
| In-State Tuition | $39,720 | $39,720 | $59,002 |
| General Fee | $1,278 | $1,278 | $1,917 |
| Med Tech Fee | $1,270 | $1,270 | $1,887 |
| SIS/Network Fee | $66 | $66 | $99 |
| Total Tuition & Fees | $42,334 | $42,334 | $62,905 |
| Class of 2028 9-months | Class of 2027 9-months | Class of 2026 12-months | Class of 2025 12-months | |
|---|---|---|---|---|
| Books & Supplies | $6,790 | $4,712 | $4,827 | $8,775 |
| Housing & Utilities | $14,746 | $14,746 | $19,662 | $19,662 |
| Food | $6,686 | $6,686 | $8,916 | $8,916 |
| Transportation | $4,484 | $4,484 | $6,015 | $5,763 |
| Personal & Other | $9,482 | $9,394 | $11,973 | $12,129 |
| Class of 2028 9-months | Class of 2027 9-months | Class of 2026 12- months | Class of 2025 12-months | |
|---|---|---|---|---|
| Total Budget | $84,522 | $82,356 | $114,298 | $118,150 |
| Non-Resident Total | $104,022 | $101,856 | $142,658 | $146,510 |
Finding a roommate, applying for Ohio residency and establishing a budget can help lower your overall expenses. Keep in mind that financial aid budgets for medical students are based on a low to moderate cost of living.
We've created a medical student budget to help manage your personal finances.
The Unsubsidized Stafford Loan is available to all students regardless of income or credit. This loan is not subsidized by the federal government. You are responsible for all interest that accrues while you are in school, in deferment or during your grace period. You may choose to make interest payments while in school or defer (and accumulate) the interest until repayment.
The Grad PLUS loan is available to medical students who have already borrowed the maximum amount of Stafford Loans and still need additional funding.
The Primary Care Loan program provides long-term, low-interest loans to full-time students with financial needs to pursue a degree in allopathic or osteopathic medicine.
The Loans for Disadvantaged Students program provides long-term, low-interest loans to full-time students who need financial assistance to pursue a degree in medicine.
Loans for Disadvantaged Students
The Emergency Loan program is available to assist all enrolled Heritage College students with short-term funding for unexpected financial problems.
While most medical students use the Stafford and Grad PLUS loan programs, you also have the option to take out private loans. Private loans are used to help bridge the gap between actual costs and financial aid programs. Private loans are funded by private, third-party lenders. Below we have provided a list of several loan companies. These are private loans specific to medical students. Please be sure to check rate and term of the loans, as they may change from month to month.