Cost of Medical School
WHAT IS THE PROGRAM COST OF MEDICAL SCHOOL IN THE CARIBBEAN?
Read about medical school tuition costs, financial aid eligibility, and other resources.
2019-2020 MEDICAL SCHOOL TUITION
How much is medical school tuition? Read below for more information about medical and clinical sciences tuition, other fees, and tuition payments.
Tuition per semester, flat rate (10-21 credits): $23,240
Student Government Association fee per semester: $35
Health insurance fee per semester (includes administrative charge): $359
Dorm charge (if applicable): $5,575 for single, $4,750 for double
Educational resource fee: $250
*If applicable, students enrolled for 8-9 credits pay a tuition rate of 50% of the medical sciences tuition rate; students taking less than 8 credits will pay a rate of 25% of the medical science tuition rate.
Tuition per semester: $26,000
Health insurance fee per semester (includes administrative charge): $904
Malpractice insurance: $304
Educational resource fee: $256
**The rates represents a full-time, 16 week/credit schedule each semester. Tuition will be prorated per clinical at a rate of $1,625 per credit/week, Malpractice Insurance at $19 per credit/week, Educational Resource Fee at $16 per credit/week. Health Insurance is billed on a periodic basis in September, January and May regardless of schedule and is not subject to proration.
Enrollment Reservation Fee: A one-time enrollment reservation fee in the amount of $1,000 is payable to AUC by the date specified in the acceptance letter to secure a place in class. At registration, $1,000 of the enrollment reservation fee will be applied to the cost of tuition for students who matriculate to AUC.
Housing Security Deposit: A security deposit of $1,650 is payable to reserve housing.
Residency Permit Fee: The laws of St. Maarten require residence permits for all students. The annual cost is $280 (500 guilders). For U.S. and Canadian residents, this will be billed along with your tuition and due at orientation. For international students (visa required) payment is required with the Enrollment Reservation Fee payment a minimum of 60 days prior to your arrival in St. Maarten.
Current students: Most fees can be paid securely online with a credit card via TouchNet by accessing the MyAUC Portal.
Newly enrolled students, parents/guardians, and graduated/nonactive students: Please visit PayMyTuition for fee payment.
Money orders and checks: Checks or money orders can be made payable to AUC School of Medicine. Please include your Student ID and mail to one of the following addresses:
Standard Mail Delivery:
AUC School of Medicine BV
PO Box 74007517
Chicago, IL 60674-7517
Bank of America Lockbox Services
AUC School of Medicine BV 7517
540 W. Madison, 4th Floor
Chicago, IL 60661
American University of the Caribbean School of Medicine is committed to providing medical students with information to help them fund their education through student loan programs and medical school financial aid. Various tuition payment options are available.
AUC is approved for participation in the William D. Ford Federal Direct Loan Program (Direct Loans). Students who wish to participate are required to complete the Free Application for Federal Student Aid (FAFSA). Graduate/professional level students are considered independent by federal regulations for the Direct Loans; therefore it is not necessary to supply parental information. AUC’s school code for completing the FAFSA form is G22444.
Qualified citizens and eligible non-citizens of the United States may be eligible to receive medical school financial aid from the Direct Loan programs up to the cost of attendance (tuition, books & supplies, accommodation and travel).
AUC offers a variety of scholarships to assist students in funding their education. Please review our scholarship offerings to see if you qualify.
Veterans and their dependents may receive funding per the eligibility requirements set by the Veteran’s Administration. Contact the VA at 1-888-442-4551.
Federal Return of Funds Policy: According to federal regulations, a federal refund calculation must be performed if a student receiving financial aid withdraws completely from all classes after the start of the enrollment period.
Length of enrollment is equal to the number of calendar days, including weekends and holidays, in the periods in which the student was registered. Breaks of five days or more are excluded.
The withdrawal date is the date the student begins the official withdrawal process -- electronically, in writing, or by telephone, whichever is earlier -- or otherwise officially notifies the institution of his/her intent to withdraw. For students who withdraw without notification, the school may use either the last date of academic attendance or the midpoint of the enrollment period as the withdrawal date. Failure to notify the Financial Aid Office of a withdrawal may result in additional tuition liability.
Return of funds is calculated as follows:
Federal aid refunds are distributed in the following order:
If the student’s percentage of enrollment period completed is greater than 60 percent, the student has earned – and must repay – 100 percent of the federal aid received.
If the student’s percentage of enrollment period completed is 60 percent or less, the calculated percentage of enrollment will be used to determine the amount of aid returned.
Unsubsidized Direct Federal Stafford Loan
Subsidized Direct Federal Stafford Loan
Federal PLUS Loan
Federal Pell Grant
Federal Supplemental Education Opportunity Grant (FSEOG)
Other Title IV aid programs
State grants, and/or private or other institutional aid
To the student
Any student who pays tuition and fees after the first day of classes will be charged a $100 late fee; any student with a delinquent account will be notified by the second week of the term that he or she must be financially clear by the end of the fourth week of the term; and any student who fails to fulfill the finance condition (is not financially clear by the end of the fourth week) will be involuntarily withdrawn from enrollment and his or her transcript will reflect a "W" grade for courses undertaken in that term. Standard cancellation and refund policies will apply to the balance of the account due.
Program fees effective as of September 2017. Subject to change without notice. Please see the Student Handbook for tuition and refund policies. Students must pay for all courses taken.