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General Information on Financial Aid

Financial Aid

The Office of Financial Aid at the UCR School of Medicine is here to help you meet the costs of your medical education and to help teach you how to manage your finances and educational debt, freeing you to concentrate on your academic pursuits.

Our services include loan counseling, advice on maintaining financial aid eligibility, workshops, and tools to manage your loan portfolio.

Contact Us

Email our team at
finaid@medsch.ucr.edu

Office Hours

Monday - Friday
9 a.m. to 4 p.m.
2685 School of Medicine Education Building
Due to the campus closure, we are not in the office, but are generally available via email during these hours.


Financial Aid Resources for Students

The Association of American Medical Colleges (AAMC) has many resources that can help you manage and understand your financial aid.

FIRST: Financial Information, Resources, Services, and Tools

Whether you’re thinking about how to pay for medical school, manage your finances during medical school, or determine your loan repayment options after medical school, with AAMC's FIRST (Financial Information, Resources, Services, and Tools) program you’ll find unbiased, reliable guidance along your pathway to medical school and beyond.

FIRST Financial Aid Fact Sheets

These articles discuss common financial aid topics important to pre-med students, current students, and residents.

FIRST Videos and Webinars

These videos and webinars teach about paying for medical school, repaying student loans, and more.

Financial Wellness Program

The Financial Wellness Program includes financial calculators, articles, and videos to help you create a budget, track your spending, create financial goals, and enhance your financial knowledge about credit, financial planning, money management, and more!

MedLoans Organizer and Calculator

This organizer and calculator assists medical students and residents with managing their education debt.

Education Debt Manager

This comprehensive financial guide helps professionals at all levels of the medical education continuum navigate the complexities of financing medical school by borrowing wisely and repaying student loan debt responsibly.

UCR Office of Financial Aid Resources

The UC Riverside Office of Financial Aid has several resources available to assist students with budgeting: https://finaid.ucr.edu/resources/financial-literacy/budgeting

Monthly Budget Worksheet

This monthly budget worksheet to create a budget and assess how you’re doing each month compared with your budget goal.

Seven Day Spending Log

This seven day spending log allows you to track how much you spend on each item you purchase for a week. After you list each item, determine if each purchase was a need or a want, total your expenses and answer the questions.


Cost of Attendance

The tuition, fees, and charges detailed here are estimated based on currently approved amounts. These figures may not be final. Actual tuition, fees, and charges are subject to change by the Regents of the University of California and could be affected by state funding reductions. Accordingly, final approved levels (and thus a student's final balance due) may differ from the amounts shown.

Student Budget: Medical School Year 1 and 2
First-Year Medical Students
August 3, 2020 to June 3, 2021 (43 weeks)
  With Parents On-Campus Off-Campus
Tuition & Fees $42,537 $42,537 $42,537
Room/Board $8,175 $17,550 $22,700
Books/Supplies $4,406 $4,406 $4,406
Transportation $2,325 $1,725 $1,725
Personal Costs $2,100 $2,075 $2,075
Total $59,543 $68,293 $73,443
Second-Year Medical Students
August 10, 2020 to May 28, 2021 (41 weeks)
  With Parents On-Campus Off-Campus
Tuition & Fees $42,537 $42,537 $42,537
Room/Board $7,800 $16,725 $21,650
Books/Supplies $2,176 $2,176 $2,176
Transportation $2,225 $1,650 $1,650
Personal Costs $2,000 $1,975 $1,975
Total $56,738 $65,063 $69,988
Non-Resident Tuition and Fees

$53,652 Medical students ($17,409 Fees + $23,998 medical and professional fees + $12,245 Non-Resident Tuition)

Student Budget: Medical School Year 3 and 4

Third-Year Medical Students
June 15, 2020 to June 11, 2021 (52 weeks)
  With Parents On-Campus Off-Campus
Tuition & Fees $46,972 $46,972 $46,972
Room/Board $9,875 $21,225 $27,450
Books/Supplies $3,535 $3,535 $3,535
Transportation $2,800 $2,075 $2,075
Personal Costs $2,550 $2,500 $2,500
Total $65,732 $76,307 $82,532
Fourth-Year Medical Students
July 6, 2020 to May 31, 2021 (46 weeks)
  With Parents On-Campus Off-Campus
Tuition & Fees $46,972 $46,972 $46,972
Room/Board $8,750 $18,774 $24,275
Books/Supplies $669 $669 $669
Transportation $2,475 $1,850 $1,850
Personal Costs $2,250 $2,200 $2,200
Total $61,116 $70,466 $75,966
Non-Resident Tuition and Fees

$53,652 medical students ($17,409 fees + $23,998 medical and professional fees + $12,245 non-resident tuition)
Summer session fees for Year 3 and Year 4: Add $4,435 to AY tuition and fee amounts
$58,083 SOM non-resident tuition and fees.


Policy on Return of Title IV Aid and Refunds

Information regarding the return of Title IV aid and refunds for students who withdraw from the School of Medicine may be found in the Student Handbook.