Cost of Attendance
NYU Grossman Long Island School of Medicine is committed to improving the affordability of medical education through our transformational financial aid program. All current and entering students are automatically awarded a Full-Tuition Scholarship to our MD degree program. When you enroll, a tuition charge appears on your bill along with a credit for the Full-Tuition Scholarship that offsets this charge. For the 2023–24 academic year, this amounts to a scholarship of $59,738 per student. Additionally, all students are automatically enrolled in NYU Grossman Long Island School of Medicine’s basic individual health insurance plan at no additional cost, which translates into a savings of $7,208 per student.
We also offer need-based Debt-Free Scholarships to students who financially qualify, to help pay for the costs of attendance that exceed tuition such as housing, food, books, and other miscellaneous expenses. Students must apply for this need-based scholarship annually, as your personal and family financial circumstances may change year to year. To be considered for a Debt-Free Scholarship, you are required to submit financial information about yourself, your parents, and spouse (if applicable) on the Free Application for Federal Student Aid (FAFSA) and CSS Profile. We use the combined FAFSA and CSS Profile calculations to determine your annual estimated family contribution (EFC). NYU Grossman Long Island School of Medicine will meet any shortfall between the annual EFC amount and the remaining costs of attendance that exceed tuition with a need-based Debt-Free Scholarship.
Students must sustain satisfactory academic progress and uphold professionalism standards while in medical school in order to maintain eligibility to receive Full-Tuition and Debt-Free scholarships.
The table below represents tuition, fees, and additional expenses that approximate the cost of attending NYU Grossman Long Island School of Medicine for students enrolling in the 2023–24 academic year. These costs are used when determining student eligibility for the need-based Debt-Free Scholarship and federal loans (if applicable). Please note that individual circumstances determine your exact cost-of-living expenses. Fees for the U.S. Medical Licensing Examination (USMLE) are only assessed during the years when the examinations are taken.
Estimated Tuition, Fees, and Expenses
|CLASS||FIRST-YEAR STUDENTS||SECOND-YEAR STUDENTS||THIRD-YEAR STUDENTS|
|Full-Tuition Scholarship Award||($59,738)||($59,738)||($59,738)|
|Total Direct Costs||$4,350||$4,350||$4,350|
|Miscellaneous (Laundry, clothing, travel, personal, other)||$4,204||$3,656||$3,656|
|Total Living Expenses||$22,280||$20,216||$20,216|
|Books and Supplies (Medical equipment, books, computer, etc.)||$1,866||$400||$400|
|Loan Fees (if applicable)||$278||$266||$234|
|Total Educational Expenses||$2,144||$1,986||$634|
|Total Program Cost|
|Total Cost BEFORE Full-Tuition Scholarship Award||$88,512||$86,290||$84,938|
|Total Cost AFTER Full-Tuition Scholarship Award||$28,774||$26,552||$25,200|