Stanford University School of Medicine
Educational Costs and Budget (MD) 2014 - 15
Tuition
Applicable to students matriculating AY 2010-11 and
after
3 Quarter
4 Quarter
Per Quarter
Full (A)
$50,715
$67,620
$16,905
Reduced (Research) Rate
$10,140
$13,520
$3,380
$2,673
TMR
On-Campus Housing
3 Quarter
4 Quarter
Per Quarter
Budget Items
Living Expenses
Rent
11,190
14,920
3,730
Food
5,445
7,260
1,815
Personal
3,570
4,760
1,190
$20,205
$26,940
$6,735
Transportation
1,230
1,640
410
Books and Supplies
1,500
2,000
500
Medical Insurance*
4,296
4,296
1,432
573
764
191
41
41
0**
$7,640
$8,741
$2,533
$27,845
$35,681
$9,268
$78,560
$103,301
$26,173
Subtotal Living Expenses (B)
Other Expenses
Campus Health Services Fee
Disability Insurance Fee**
Subtotal Other Expenses (C)
Total Non-Tuition Expenses (B)+(C)
Total On-Campus Budget (A)+(B)+(C)
Off-Campus Housing
3 Quarter
4 Quarter
Per Quarter
Budget Items
Living Expenses
Rent
12,720
16,960
4,240
Food
5,445
7,260
1,815
Personal
3,570
4,760
1,190
$21,735
$28,980
$7,245
2,745
3,660
915
Subtotal Living Expenses (D)
Other Expenses
Transportation
Books and Supplies
1,500
2,000
500
Medical Insurance*
4,296
4,296
1,432
573
764
191
41
41
0**
$9,155
$10,761
$3,038
$30,890
$39,741
$10,283
$81,605
$107,361
$27,188
Campus Health Services Fee
Disability Insurance Fee**
Subtotal Other Expenses (F)
Total Non-Tuition Expenses (D)+ (F)
Total Off-Campus Budget (A)+(D)+(F)
2014-15 Budget Assumptions
* Health Insurance: No charge or budget allowance during summer quarter. New students who enroll in winter, spring or
summer will have a different charge.
Document fee: $200. Paid once upon first admission to Stanford as Undergrad or Grad. Fee is $60 for students in SCPD or
Summer session.
On-campus housing based on actual increase; number is between weighted average of available on-campus living expenses
and the cost of a single studio.
** Disability Insurance - Disability Insurance Fee billed one time per year, $41 will be billed to student account in winter
quarter.
Added or adjusted to
student budget by the
Financial Aid Office
Miscellaneous Educational Expenses:
Reimbursement for Computer/PDA Purchase
Maximum
allowed
$3,000
Maximum
allowed
$1,500
Students matriculating
before 2013
(must be requested by Fall of a student’s graduating year)
$1,200
Entering Students
$650
Entering Students
USMLE, Step
I
$580
Students in POM
USMLE, Step
2, CK
$580
Graduating Students
USMLE, Step
2, CS
$1,230
Graduating Students
Orientation Housing Allowance
Clinical Instrument Allowance
USMLE Fees***
Students matriculating
after 2013
Clinical Transportation
$500
Add $500 per quarter
Clinical Books
$250
Adjust book and
supplies $250/qtr
Unsubsidized Stafford Loan
1.072% or
1.073%* of
loan amount
Grad PLUS Origination Fee
4.288% or
4.292%* of
loan amount
*For loans
first disbursed
after 10/01/14
Adjusted for
Unsubsidized Stafford
and Grad PLUS based
on loan amount
borrowed
Other Allowable Expenses (added to budget upon request):
Dependent Care Allowance – Calculated by the FAO.
Child Care Allowance - Maximum $3,600 per month. Documentation required.
Non-Allowable Budget Expenses (not included in standard budget):
Document Fee - $200, Entering Students
ASSU Fees - 2014-15 annual fees - TBA
***For Students and Graduates of Medical Schools in the United States and Canada Accredited
by the LCME or AOA. Exam expense added to student budget (YR 2, Step 1; YR 4 Step 2, CK &
CS) in winter quarter unless otherwise requested.
Units exceeding the full-time limit will be assessed an additional per unit fee. For the
entering class of 2010-11 and beyond, the per unit fee is $1,127; for students matriculated
prior to 2010-11, the per unit fee is $1,188. The cost of units exceeding the full-time limit is
not included in the budgets for students on financial aid.
Students who must repeat courses are required to pay tuition for the repeated courses.
Students enrolled in the dual degree MD/MBA program at Stanford University are required
to pay 12 quarters of full MD tuition and 5 quarters of the MBA tuition. Students are
expected to complete 5 quarters in this program, one full year at the GSB and 2 quarters
(winter and spring) in the following academic year. GSB tuition will be billed accordingly.