Financial Aid Information

1. COST OF ATTENDANCE

2. APPLICATION PROCESS

 

3. ACADEMIC ELIGIBILITY

4. FINANCIAL AID PROGRAMS

 

Welcome to the Stony Brook University Financial Aid information page. The information provided below is comprehensive, and should provide you with a good understanding of all aspects of financing your medical education. You will likely have questions, so please don’t hesitate to contact the Student Affairs Office at 631-444-2341. If you prefer email, Anita Henninger can be reached at Anita.Henninger@stonybrookmedicine.edu. Mary Jean Allen can be reached at Mary.Allen@stonybrookmedicine.edu.

It is the responsibility of the Student Affairs Office to ensure that concerns over finances do not impact your ability to succeed in medical school and to give you a foundation for long term financial success. Responsibility for financing your education rests primarily with the you, the student and your family. Federal, State and Institutional financial aid programs are meant to supplement student and family resources. 

It is your responsibility to become an educated and responsible borrower; and to maintain a lifestyle consistent with being a student. This will help ensure a strong financial future. Working together, we can each achieve these goals.

We look forward to working with you.

 

CLASS OF 2027
FIRST YEAR COST OF ATTENDANCE 2023-24*

Class of 2027 (NYS Resident)

Fall

Spring

Academic Year

Tuition

 $    22,490.00

 $        22,490.00

 $                   44, 980.00

Fees

$       2,105.00

 $          2,105.00

 $                     4,210.00

Total billed charges

$    24,595.00

 $       24,595.00

 $                  49,190.00

 

 

 

 

Books/Supplies

$       2,375.00

 $          2,375.00

 $                     4,750.00

Transportation

$       2,318.00

 $          2,318.00

 $                     4,636.00

Other Living expenses

$    13,130.00

 $       13,130.00

 $                  26,260.00

Total CA per term

$    42,418.00

 $       42,418.00

 $                  84,836.00

 

 

 

 

 

 

 

 

Class of 2027 (Out of State)

Fall

Spring

Academic Year

Tuition

$    33,555.00

 $        33,555.00

 $                   67,110.00

Fees

$       2,105.00

 $          2,105.00

 $                     4,210.00

Total billed charges

$    35,660.00

 $       35,660.00

 $                  71,320.00

 

 

 

 

Books/Supplies

$       2,375.00

 $          2,375.00

 $                     4,750.00

Transportation

$       2,318.00

 $          2,318.00

 $                     4,636.00

Other Living expenses

$    13,130.00

 $       13,130.00

 $                  26.260.00

Total CA per term

$   53,483.00

 $      53,483.00

 $                  106,966.00

* Subject to Change
 


 

APPLICATION PROCESS

 


 

ACADEMIC ELIGIBILITY FOR FEDERAL AID

 


Important Websites:

Stony Brook University Main Page:

http://www.stonybrook.edu/

Stony Brook University Medical Center Main Page:

http://www.stonybrook.edu/sb/medical.shtml

SOLAR System – your online system for all financial transactions.  Access SOLAR to view/accept/decline your financial aid awards; pay your bill; view your account. 

http://www.stonybrook.edu/it/solar.shtml

Online FAFSA

https://studentaid.gov/h/apply-for-aid/fafsa

Federal Direct MPN

https://studentloans.gov

FINAID.org – a comprehensive guide to all aspects of state, federal and private financial aid programs.  Includes resources for private loans and scholarships:

www.finaid.org

Student Health Services:

 http://studentaffairs.stonybrook.edu/shs/

Parking and Transportation Services:

http://www.stonybrook.edu/parking/

 

Financial Aid Programs

Federal Loans

https://studentaid.ed.gov/sa/types/loans

 Private Educational Loans
Annual maximum is cost of attendance less other aid; variable interest rate adjusted monthly or quarterly, no cap; no interest subsidy; capitalization policy varies by lender; tight credit requirements; some lenders offer co-signer option; can be used for some expenses not allowable under federal loan regulations.


INSTITUTIONAL FINANCIAL AID PROGRAMS

Turner Fellowship

The W. Burghardt Turner Fellowship is a Graduate Fellowship Program for eligible underrepresented students whose immediate academic plans include obtaining graduate or professional degrees in a variety of disciplines including the biological sciences, physical sciences, social sciences, medicine, humanities, engineering, and the arts.

Disadvantaged Student Tuition Waiver Program

This grant is funded by the State University of New York, campus-based aid program and it provides up to a full waiver of tuition for students who qualify according to the current year EOP economic eligibility criteria and the Federal methodology of needs analysis. This is a need-based tuition waiver program available to New York State residents enrolled as full-time students in a State University first graduate or professional degree program. Medical and dental students have first priority for this award.  Applicants must complete the “Parent Information” section of the FAFSA for the year in which they are applying. 

Admissions Fellowships and Renaissance School of Medicine at Stony Brook University Alumni Scholarships                 

These awards are need based and may supplement the Disadvantaged Student Tuition Waiver award.  Applicants must complete the “Parent Information” section of the FAFSA for the year in which they are applying.  Awards are renewable provided the recipient remain in good academic standing.  The Alumni Scholarship program is funded by contributions from Renaissance School of Medicine graduates.

 


SERVICE SCHOLARSHIP AND LOAN FORGIVENESS PROGRAMS

National Health Service Corps Scholarship

http://nhsc.hrsa.gov/scholarship/

National Health Service Corps scholars are committed to serve one year for each year of support (minimum of two years service) at an approved site in a high-need Health Professional Shortage Area soon after they graduate, serve a primary care residency (family medicine, general pediatrics, general internal medicine, obstetrics/gynecology or psychiatry for physicians and general or pediatric for dentists) and are licensed.

Scholars compete for employment at the approved service sites of their choice from a listing of job vacancies in their discipline and specialty. The NHSC helps scholars select a compatible service site and pays for travel to and from interviews.

National Health Service Corps Loan Repayment Program

http://nhsc.hrsa.gov/loanrepayment/ 

The National Health Service Corps Loan Repayment Program provides $50,000 (or the outstanding balance of qualifying student loans if it is less than $50,000), tax free, to primary care medical, dental and mental health clinicians in exchange for two years of service at an approved site in a Health Professional Shortage Area. Upon completion of the service commitment, clinicians may be eligible to apply for additional support for extended service.

 

Army Health Care

 

http://www.goarmy.com/amedd/