Cost of Attendance & Student Budgets

Financial Services > Cost of Attendance & Student Budgets

The cost of attendance represents an estimate of what the College of Medicine, in cooperation with the University, has determined to be reasonable expenses that a student might incur while attending school for an academic year. The cost of attendance is significant because it limits that amount of total financial aid a student can receive to meet their expenses.

The Office of Student Financial Services strongly encourages students to determine their own cost of attendance (expenses) at the beginning of EVERY school year by creating a budget plan. By doing so, students will be able to determine if their expenses are greater or less than our estimated cost of attendance.

As part of the Student Affairs Lecture Series, the Office of Student Financial Services has developed a budgeting presentation entitled “Budgeting Made Simple” to illustrate how you can complete a monthly budget plan. Most importantly, this presentation discusses certain unique expenses and financial aid fluctuations that occur in each year of medical school at Ohio State University. Further general information about medical school expenses and budgeting can be found at the Association of American Medical Colleges (AAMC).

If after completing a budget plan you determine that your expenses are greater than our cost of attendance, please email our office at medfinaid@osumc.edu . We can then discuss what, if any, possibilities exists for increasing your cost of attendance to allow for additional loan funding. When you email, please attach a copy of your monthly budget plan.