Cost of Attendance

The Higher Education Amendments of 1965 require schools to construct budgets for students which reflect costs the student can expect to incur during his/her enrollment. The Amendments mandate that these budgets reflect the costs for the student only and do not permit inclusion of expenses incurred by other family members.

• A note to students with dependents: As explained in the section on "Determining Eligibility" the FAFSA will subtract a Standard Maintenance Allowance (SMA) from your and/or your spouse's income to accommodate for maintenance costs for all members of your family (except the student since the student's maintenance costs are included in the "Cost of Attendance") before calculating the expected family contribution. The only costs not included in the SMA are costs for "Dependent Care", such as day care expenses for children, or costs for elderly or disabled dependent care so that you might attend school. Therefore, these "Dependent Care" costs can be added to the student's Cost of Attendance, upon submission of actual receipts to the Financial Aid Office with the applications for financial aid. Additionally, cases may occur where the student/spouse income is insufficient to fully cover the SMA for family members, resulting in a negative amount for the expected family contribution. In this case, the amount of the deficit can be added to the student's Cost of Attendance.

Estimated costs for attending the USF College of Medicine are the sum of the tuition and fees, books and supplies, room and board, commuting expenses and an allowance for personal expenses. These budgets are established by the Student Affairs Committee and will allow sufficient funds to provide for a low to moderate standard of living in the Tampa Bay area. Students are expected to budget themselves and live in a fiscally responsible manner.

Tuition and Fees

Tuition for Florida State medical schools are a flat yearly rate, regardless of the actual hours a student is enrolled

• A word about Tuition Late Fee Waivers: The University of South Florida College of Medicine will approve a waiver of the Late Payment Fee if a student is unable to make payment on time due to circumstances determined by the University to be exceptional and beyond the control of the student. Late Fee waivers will not be approved if the disbursement delay is due to late submission of financial aid applications by the student.

Books and Supplies

Actual prices of required texts for each class are obtained from the College of Medicine Bookstore. The cost of attendance for freshmen includes an allowance for medical instruments and miscellaneous supplies.

Room and Board

The maintenance costs included in this category of the budget are estimates of expenses that the average student may incur during each year of enrollment in the College of Medicine. While actual expenses will vary among students, the estimated total cost of maintenance will allow for a low to moderate standard of living. The calculation for room expenses is one-half the average rental rate of a two-bedroom apartment in the area. Single students are expected to share living facilities to help reduce expenses. An allowance is made for the following items:

• rent for a two bedroom apartment
• utilities
• furniture rental
• phone
• miscellaneous (renters insurance, garbage pickup, etc.)
• food

There is also a budget for students who live at home with their parents. The allowances for room and board are of course lower in the "Living with Parents" budget than the "Living Away" budget.

Personal Expenses

Included in this category are costs, as applicable for each class, for the following items:

• laundry, cleaning, supplies
• entertainment
• clothing, haircuts
• miscellaneous (journal fees, membership dues)
• health insurance
• dental checkups
• graduation costs (cap & gown, announcements)

Commuting Expenses

Travel costs to and from campus and to local clinics and hospitals are included in the student budgets. The cost of a USF parking decal is included in this category as well as automobile upkeep and insurance.

Total Costs

Total cost of attendance for the 2010-2011 academic year is itemized below. The dates of attendance may change and the cost may vary slightly.

1. All budgets are based on costs for the student only as specified by the Higher Education Amendments of 1965.  All figures are subject to change. 
2. Tuition for all students is payable within the academic year
3. Room and board figures in the "Off Campus" budget are based on the student living away from home and paying 1/2 of the rent of a furnished two bedroom apartment with central air and heat, electric, and telephone.