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Posted on March 25th, 2010

How much does medical school tuition vary from school to school?

Is there a large gap from the lowest to the highest? In answer to this question, varying trends develop after consulting data. A close look at the variation between public schools and private school yields a significant difference. Based on statistics for the 2008-2009 school year, the average cost for a resident student at a private medical school is $41,246, while the average cost for a resident student at a public medical school is $23,608, making the difference in total tuition cost difference for a resident student between public schools and private schools about $18,000. These figures were calculated based on the tuition rates of 100 high-profile public and private medical schools within the United States for the 2008-2009 academic year. The difference in cost for these same 100 schools for a non-resident student between public and private schools is approximately $2,000.

In addition, the cost among both public and private medical school options varies. For example, the most expensive public medical school among these 100 high-profile medical schools was West Virginia at $74,748 for the 2008-2009 school year for non-resident students. The least expensive public medical school for the 2008-2009 school year for non-resident students was Arizona at $18,709. Among private school for the 2008-2009 school year, Boston was the least expensive for resident students at $23,242. Yale was the most expensive private medical school for a resident student at $52,232. The gap between most expensive and least expensive private medical school for the 2008-2009 school year for resident students was about $36,690, with Yale being the most expensive at $51,968 and Albany being the least expensive at $15,268.

Clearly, there is a vast degree of divergence between public and private medical schools in the resident student programs. However, between public and private medical schools, the non-resident programs differ negligibly. The availability of financial aid to students to offset the cost of a medical education can help defer some of the difference between public and private resident student costs, closing the gap between the two options for medical school. Currently, 12% financial aid is offered for public medical school students while as much as 18% is offered for private medical school students. It appears, however, based on 2003-2004 statistics for the average cost of medical school tuition costs, that the gap may be closing between public and private medical school expenses as overall expenses rise. The average cost of medical school tuition at public medical schools during the 2003-2004 year was $16,153, and for private schools the figure was $32,588, making the difference $16,000, when the cost of tuition was significantly less than it is today.

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