Financial Aid | Cost of Attendance | UAG School of Medicine

FINANCIAL AID FOR STUDENTS

Paying for your education should be an investment, not an inconvenience.

So we make the process as streamlined and transparent as possible. We work very closely with the U.S. government to preserve our International Medical Program status as a U.S. Department of Education ( Title IV) approved program — which allows you to use U.S. Federal Loans to help you become a doctor. Only U.S. students attending the International Medical Program can apply for Federal Direct Loans.

The Office of Financial Aid assists students by awarding financial aid to help pay for educational expenses. Financial aid is available from federal, university and private resources.

STUDENT LOANS

Accepted students at UAG SOM may apply for financial aid through institutional or private programs to cover direct and indirect educational expenses.

SCHOLARSHIPS

Scholarships are awarded based on a variety of factors such as academic achievement, major, talent, leadership, and/or financial need. Scholarships do not have to be repaid.
Learn More...

MILITARY OPTIONS

If you are or were in the military, be sure to ask what your funding options may be.

GRANTS

UAG does not offer grants; we encourage students to research all the different organizations and foundations that help and award many grants dedicated to women, minorities, international students, etc. Grants do not have to be repaid.

COST OF ATTENDANCE

The Cost of Attendance (COA) is a calculation of the total cost to attend school for one year. The Department of Education’s definition of the Cost of Attendance (COA) for a student is an estimate of that student’s educational expenses for the period of enrollment.
Your current consumer debt is not part of the COA.

We strongly recommend that you plan ahead and pay off your credit card(s), car payments, mortgage, etc. prior to entering medical school. Paying off and/or canceling all (or even part) of your consumer debt before starting medical school will allow you to effectively manage your funds and help you avoid consumer debt defaults that will negatively impact your credit score.

For your convenience, the amounts below provide the approved Cost of Attendance. Please plan accordingly as no extra funds will be available after you have met your COA each year.

Sample of the estimated annual COA for a 1st and 2nd-year student:

Tuition	$31,570
Student Academic Fee	$2,430
Books, Course Materials, Supplies, and Equipment	$750
Food and Housing	$16,000
Personal Expenses *	$7,500
Loan Fees	$2,000
Transportation	$6,000
Total	$66,250

*The amounts shown are the maximums allowed, but we encourage you to borrow only what you need.
* 2nd-year students: $1,000 will be added to Personal Expenses for the cost of the USMLE 1

Estimates of the cost of living for a 3rd and 4th-year student:

Estimates of Cost of Living	Mexico & P.R.	U.S.
Books, Course Materials, Supplies, and Equipment	$750	$750
Food and Housing	$16,000	$24,000
Personal Expenses	$7,500	$7,500
Transportation	$6,000	$6,000

Total tuition, student academic fees, estimates of the cost of living, malpractice insurance, loan fees, and degree process will be included accordingly to calculate your cost of attendance.
*3rd-year students: $1,000 will be added to Personal Expenses for the cost of the USMLE 2-CK
* 4th-year students: $450 and $925 will be added to Personal Expenses for the cost of the OET and Pathway Application respectively

COA = DIRECT COSTS + INDIRECT COSTS

DIRECT COSTS INCLUDE

Tuition – Annual tuition is divided between fall and spring semester.
Student Academic Fees – Students are charged $1,215 per semester; these fees are non-refundable and must be paid in full the first week of the official start of the semester. Fees will be deducted from your financial aid.

INDIRECT COSTS INCLUDE

Books & Supplies – The average cost of books and supplies per year for a medical student.
Food & Housing – The average cost of living per year as a student. Actual costs may vary by individual choices related to location or lifestyle.
Personal Expenses – This allowance includes everything from clothing, laundry, haircuts, toiletries, reasonable entertainment, etc. (Not meant to supplement tourism activities). Also, this includes the cost of obtaining professional licensure (USMLE 1, USMLE 2-CK, OET, and Pathway Application). These estimates are provided for personal planning purposes only.
Loan Fees – Estimated origination fees charged by the Department of Education. It is a percentage of the loan amount deducted from each loan disbursement.
Transportation – The transportation allowance is provided to assist students who require transportation to school activities. Travel to the U.S. and PR is included under reasonable circumstances during the year.
Malpractice Insurance – Student must pay ahead of time for malpractice insurance as part of the Clinical Clerkships Application Process. This is an estimated cost, for the actual cost contact the Clinical Clerkship Services at clerkships@uag.edu. (Not subject to proration).
Degree Process – 4 ^th year students are charged a one-time fee of $2,000. This fee is mandatory and refundable only if the student withdraws from the program. Students must pay at the beginning of 8^th semester, if they are receiving financial aid the fee will be deducted from their loans. (Not subject to proration).

OTHER ALLOWANCES

Dependent Care – Students with children under the age of 12 may request a $1,500 dependent care allowance per semester. Contact the Financial Aid office for eligibility criteria.
Residency Interview – For students enrolled in the last year of medical school only. A one-time allowance in the amount of $3,000 for some of the costs associated with residency interviews. The student must submit a request via email ( fin_aid@uag.edu ) within the loan period and must be enrolled.

DEADLINES
For any new loans or adjustments made to existing loans you must complete all required financial aid documentation and notify the Financial Aid Office in San Antonio a month before the end of the semester in which you are enrolled to allow time for processing.
E-mail: fin_aid@uag.edu
Tel: 1-(877)-858-7700
Toll Free: 1-833-220-7645

Financial Aid Counselors can be reached Monday through Friday from 9 am–5 pm (Central Standard Time) at the Financial Aid Office in San Antonio, Texas.

FUNDING YOUR MEDICAL EDUCATION

We work very closely with the U.S. government to preserve our status as a U.S. Department of Education (TITLE IV) approved program–which allows you to use U.S. federal loans to help you become a doctor. A significant advantage when looking for alternative paths to studying medicine.

DIRECT UNSUBSIDIZED LOANS

A non need-based option in the form of a Direct Unsubsidized loan with a competitive rate.

DIRECT GRADUATE PLUS LOAN

A loan option that covers the difference between the Cost of Attendance and other financial aid received. To qualify for a Direct PLUS Loan, you must not have an adverse credit history.

The U.S. Department of Education
Within the U.S.: (800) 433-3243
Direct: (319) 337-5665
Apply at: studentaid.gov
Use UAG school code: G08147

PRIVATE LOANS

Students who are not eligible for federal aid may still be eligible for private funding through private lenders. Students can borrow up to the Cost of Attendance less financial aid received.

Eligibility for private alternative loans often depends on the student’s credit score. Therefore, a cosigner may be required. Also, private loans tend to cost more than education loans offered by the Federal government, but are less expensive than credit card debt.

You can choose any lender that participates with foreign schools. Feel free to do your own research. And please contact the Financial Aid Office if you have any questions.

Sallie Mae

Domestic – (800) 472-5543

International – (877) 416-0012 or (302) 451-0546 (charges may apply)

Hours of operation: Monday – Thursday 8:00 am – 9:00 pm ET or Friday 8:00 am – 8:00 pm ET

Apply at: salliemae.com

*No preferred lender arrangements are in place with Sallie Mae.

VETERANS’ BENEFITS

You may be eligible to take advantage of significant VA benefits. Contact your local Veterans Administration Regional Office representative before requesting enrollment verification for your Medical School for VA benefits.

To find out if the VA can help you become a doctor, dial their toll-free number. (888) 442-4551

From outside the U.S., call the Muskogee Regional Office at (918) 781-5678

Office hours for the U.S. Department of Veterans Affairs:

Monday – Friday: 8:00am to 4:00pm EDT.

You may contact our School Certifying Official:

Monica R. Garcia
Universidad Autónoma de Guadalajara

If you have any Financial Aid questions contact us:
Monday through Friday from 9 am–5 pm (Central Standard Time)
E-mail: fin_aid@uag.edu
Tel: (210) 742-7911
Toll Free: 1-800-996-0925

FURTHER YOUR EDUCATION TODAY!