Tuition and Financial Aid
TUITION & FEES
Queen's University College of Medicine has compiled the following Cost of Attendance (COA) budget based upon a student’s typical expenses per enrollment period or award year. By federal regulation, COA budgets are designed for a student to live and support themselves modestly during the instructional time. The expenses described are a combination of those billed by the school as well as indirect expenses that may be incurred. Note: The total amount of aid a student may receive from all sources (financial aid, loans, grants, etc.) may not exceed his/her COA for a given term or load period. Expenses included in the Cost of Attendance include:
Incoming students can expect the following rates for tuition by program:
Application Fee: $75 USD
Pre-Med to Medical School Tracks: $5,000 USD/Semester
Basic Science Tuition*: $12,500 USD/Semester
Clinical Science Tuition*: $15,500 USD/Semester
Tuition fees cover the costs of classes ONLY.
*Actual tuition and individualized cost of attendance budgets may vary based on each student’s registration data and/or curricular path.
TUITION REFUND POLICY
Students registering for classes agree to pay all applicable tuition and registration fees. Students are required to pay all tuition and fees for any registered course unless enrollment is officially cancelled during the 100% refund period.
The 100% refund period extends through the first two weeks of the semester.
Withdrawal or cancellation occurs on the calendar day that withdrawal is requested either online or in-person at the Business/Registrar office.
The percentage of refund is based on the actual date of withdrawal recorded by the Registrar. All withdrawals may not necessarily result in a refund and, in some instances, a tuition balance may still be due. Insurance and other fees are non-refundable.
ROOM AND BOARD
Students should budget for typical living expenses incurred on a daily basis such as:
Housing: $900 USD per month
Food: $80 USD per week
Estimates provided are based upon living arrangements for students that are comfortable and safe, yet modest (which generally means sharing housing with a roommate).
Travel to/from and while on the island should be included in your budget.
BOOKS AND SUPPLIES
Students will be provided with a list of required books and supplies to purchase each semester. Many of the required books are included in the university’s subscription to Access Medicine. The average cost for books and supplies is $1,500 USD per academic year.
SCHOOL AND ADMINISTRATION FEES
In addition to tuition, students are responsible for student government and administrative fees each semester.
We understand that paying for your education can be difficult. To help with this challenge, we offer a payment plan which allows students to spread their tuition payments equally across the semester instead of paying all at once.
The Queen’s University College of Medicine Work-Study jobs are available to “financially need eligible” medical students. The order of preference is given to students from Barbados, CARICOM Nationals, then students from other countries if there is availability. The Work-Study program is designed to help offset school-related expenses outside of tuition and to help ease the residual financial costs.
Queen's University College of Medicine has a relationship with a private student loan company for those attending full time. Loans are issued based upon credit score history and may require a cosigner. Information for our loan program will be provided to students accepted for admission.
Students who have previously borrowed education loans should be diligent about monitoring the status of ALL existing student loan accounts while enrolled at the University. Since Queen's University College of Medicine has not been approved to participate in the Federal Student Aid Programs, any existing student loans will not be eligible for in-school deferment. The University also does not automatically report enrollment to lenders.
In-school deferment forms require a federal school code which Queen's University College of Medicine does not have. If a deferment form is submitted to our Registrar, it will be completed without the school code field and submitted to your lender. Approval, however, is not guaranteed. It is the student’s responsibility to monitor their accounts and to ensure the outcome of any deferment request.
If the request is not approved, you can apply for forbearance which is another type of non-repayment status. You MUST, however, make ALL required payments ON TIME and IN FULL, until either a deferment or forbearance has been approved. Failure to maintain all of your student loan accounts may result in inability to qualify for the funding you need for your medical education.