Caribbean medical school provide extensive medical education to students who aspire to be doctors. The limited number of seats and high competition at U.S. and Canadian medical schools has increased the popularity of island medical schools among aspiring medical students.
The Caribbean medical school cost is also low compared to U.S. and Canadian medical schools making it an ideal choice for students from around the world. As well as this, they provide various scholarships and grants to eligible students to ease the financial burden of medical school.
So, how much does it cost to study at a Caribbean medical school?
Tuition and administrative fees:
Tuition and administrative fees significantly contribute to the total medical education cost. The tuition is different for both basic science and clinical medicine semesters as the latter includes a lot of time outside the medical school in hospital settings. The basic science tuition fee for each semester from semesters one to five is $14,500 and the clinical medicine tuition for semesters six to ten is $18,000 per semester. A non-refundable tuition deposit of $500 must also be paid before the classes begin.
In addition, those who take part-time tuition must pay a part-time tuition fee per credit hour which amounts to $500. Those who fail to pay the tuition fee on time must pay a late fee of $200 when they make the payment.
The administrative fee is much lower compared to the tuition fee. Starting with a non-refundable administrative deposit of $100, students must go on to pay $5,000 as an administrative fee for semesters one to five and $3,500 for semesters six to ten. The part-time administrative fee per credit hour is around $150.
Miscellaneous fees and deposits:
Though tuition and the administrative fee contribute to a large sum of the cost of medical education, there are a few other fees and deposits that you must make from time to time. From an application fee of $75 to a graduation fee of $500, these sums contribute to the smooth progress of the curriculum. The deferment and review fee also costs $500 each, out of which the deferment fee is a deposit.
Malpractice insurance for the clinical medicine semesters and first-semester laboratory fees requires two $300 payments. As well as these, several small fees such as a student activity fee of $50, returned check fee of $30, and a transcript fee of $10 is required from the students.
For first-year students who require a dormitory facility on campus, a fee must be paid to the dormitory management. For single occupancy rooms, the rate is $3,000 and for double occupancy, it is around $2,000. This amount excludes the room fee, deposit, and tax.
Students who gain admission to Caribbean medical schools must ensure that they carry valid health insurance for the whole duration and liability insurance during their clinical rotations.
You can check for various scholarships and financial aid provided by each medical school to make your time at medical school more comfortable.