Just like other institutions of higher learning, medical colleges have their own fee structure. A fee structure lays out how much the different aspects of enrolling in the school costs. Fees vary from college to college and the number of years the student needs to graduate.
There are commonly several one-time fees included in a medical college's fee structure. This means that you have to pay these only once during your duration of study. One-time fees include the registration fee, which is the fee for applying to the school; the graduation fee, which is the fee upon graduation; and the application fee, which is the fee to process your college application.
Most medical colleges penalize students who do not turn their applications or payments in by a specific date by charging them with a late fee. These late fees can sometimes be quite expensive. The two most common late fees are applied to late tuition payments and late registrations.
Transcript Request Fees
All colleges, medical and otherwise, require applicants to present their high school or prior college transcripts. A small fee is usually charged for requesting such a transcript; for example, the University of California, Berkeley charges $15 per copy, as of 2011.
Financial Aid Processing Fees
Students requiring financial aid are sometimes charged a fee. The fee is used to process the financial aid paperwork.
Per Credit Hour Fees
There are commonly 15 hours in a semester, and the number of semesters can vary depending on education level. Students are charged per credit hour for the number of semesters. This is where the heftiest fees come in, usually in the tens of thousands.
Education Level Differences
Generally fees increase as students continue their education. Fees for undergraduates will be less than those for postgraduates and doctorate students. Fees usually have to be paid a year in advance and may be different for foreign students.
Students living on campus are commonly required to have health insurance. If you do not have your own health insurance, then most schools offer coverage for a fee.
There may be additional fees if you take clinical science courses. Semesters for these courses commonly last longer than premed and basic science courses. These courses require you to pay a malpractice insurance fee, which can run around a few thousand dollars.