Cost of Attendance | NYU Grossman Long Island School of Medicine | NYU Langone Health

Financial Aid for MD Students Cost of Attendance

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 2024-25 academic year, this amounts to a scholarship of $62,302 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. You 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 CSS Profile. We use the 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 verified EFC amount and the remaining costs of attendance that exceed tuition with a need-based Debt-Free Scholarship.

For those students who may not financially qualify for a need-based Debt-Free Scholarship, we are able to offer federal loans to eligible students upon submission of the Free Application for Federal Student Aid (FAFSA).

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.

Additionally, all students are required to have health insurance. You are automatically enrolled in the NYU Grossman Long Island School of Medicine’s basic individual health insurance plan at no cost to you. The cost for this insurance is fully subsidized by the school which translates into a savings of $6,378 per year – for a total savings of $19,124 over the course of your medical education.

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 2024-25 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.

2024-25 Estimated Tuition, Fees, and Expenses

ADD FIRST-YEAR STUDENTS SECOND-YEAR STUDENTS THIRD-YEAR STUDENTS
Months 11 11 11
Tuition $62,302 $62,302 $62,302
Full-Tuition Scholarship Award ($62,302) ($62,302) ($62,302)
Fees $4,350 $4,350 $4,350
Student Health Insurance Plan
$6,378

$6,378

$6,378
NYU Grossman Long Island School of Medicine Student Health Insurance Subsidy ($6,378) ($6,378) ($6,378)
Living Expenses
Housing $11,352 $11,352 $11,352
Food $7,480 $7,480 $7,480
Miscellaneous (Laundry, clothing, travel, personal, other) $4,212 $4,498 $3,656
Total Living Expenses $23,044 $23,330 $22,488
Educational Expenses
Books and Supplies $1,066 $1,066 $400
Loan Fees (if applicable) $278 $266 $234
USMLE® Fees (Step 1, Step 2 CK, CS) $0 $1,340 $0
Total Educational Expenses $1,344 $2,672 $634
Total Costs $91,040 $92,654 $89,774
Cost After Full-Tuition Scholarship: $28,738 $30,352 $27,472

Budget Appeal Process for Current Students

For students who have educational expenses that exceed the posted estimated cost of attendance, there is a budget appeal process in place that may qualify you for an increase to your individual cost of attendance. The budget appeal process is only available for those students who may be eligible for additional unsubsidized loans.

The NYU Grossman Long Island School of Medicine Office of Financial Aid will assist you with the appeal process and advise you on what supporting documentation is required based on your reasons for appeal. Once your budget appeal application is completed, it should be emailed directly to the office of financial aid (Medli.Financialaid@NYULangone.org) for initial review and submission to the appeal committee. Our office will notify you when a decision has been reached.

To set up a virtual meeting or phone call to discuss this process, please contact us at Medli.Financialaid@NYULangone.org.