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Living Expense Budget

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Living Expense Budget
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Living Expense Budget document sample

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Stanford University School of Medicine

Educational Costs and Budget (MD) 2010-11

New Tuition Structure (Effective 2010-11)



Tuition (New Structure) 3 Quarter 4 Quarter Per Quarter

Applicable to students matriculating AY 2010-11 and after

Full (A) $ 44,196 $ 58,928 $ 14,732

Research Rate $ 8,622 $ 11,496 $ 2,874



On-Campus Housing 3 Quarter 4 Quarter Per Quarter



Budget Items

Living Expenses

Rent $ 9,672 $ 12,896 $ 3,224

Food 5,586 7,448 1,862

Personal 2,697 3,596 899

Subtotal Living Expenses (B) $ 17,955 $ 23,940 $ 5,985

Other Expenses

Transportation 945 1,260 315

Books and Supplies 2,250 3,000 750

Medical Insurance* 3,072 3,072 1,024

Campus Health Services Fee 501 668 167

Disability Insurance Fee 60 60 60

Subtotal Other Expenses (C) $ 6,828 $ 8,060 $ 2,316

Total Non-Tuition Expenses (B)+(C) $ 24,783 $ 32,000 $ 8,301

Total On-Campus Budget (A)+(B)+(C) $ 68,979 $ 90,928 $ 23,033





Off-Campus Housing 3 Quarter 4 Quarter Per Quarter



Budget Items

Personal

Rent 10,302 $ 13,736 $ 3,434

Food 5,586 7,448 1,862

Personal 3,360 4,480 1,120

Subtotal Living Expenses (D) $ 19,248 $ 25,664 $ 6,416

Other Expenses

Transportation 2,571 3,428 857

Books and Supplies 2,250 3,000 750

Medical Insurance* 3,072 3,072 1,024

Campus Health Services Fee 501 668 167

Disability Insurance Fee 60 60 60

Subtotal Other Expenses (F) $ 8,454 $ 10,228 $ 2,858

Total Non-Tuition Expenses (D)+ (F) $ 27,702 $ 35,892 $ 9,274

Total Off-Campus Budget (A)+(D)+(F) $ 71,898 $ 94,820 $ 24,006



Revised 4/1/2010

Subject to Revision

2010-11 Budget Assumptions

* Health Insurance: No charge or budget allowance during summer quarter. New students who enroll in winter, spring or

summer will have a different charge.

Document fee: $160. Paid once upon first admission to Stanford as Undergrad or Grad. Fee is $60 for students in Law,

GSB, Medicine, SCPD, or Summer session.

On-campus housing based on actual increase; number is between weighted average of available on-campus living

expenses and the cost of a single studio.









Miscellaneous Added or adjusted to student

Educational Expenses: budget by the Financial Aid

Office

Computer/PDA Purchase Maximum allowed $3,000 Reimbursed after purchase

Orientation Housing Allowance $1,200 Entering Students

Clinical Instrument Allowance $650 Entering Students

USMLE Fees** USMLE, Step I $505 Students in POM

USMLE, Step 2, CK $505 Graduating Students

USMLE, Step 2, CS $1,075 Graduating Students

Clinical Transportation $500 Add $500 per quarter

Clinical Books $250 Adjust book and supplies $250/qtr

Subsidized Stafford Loan Calculated at 0.5% of $42 Adjusted for Unsubsidized Stafford

Origination Fee $8,500 and Grad PLUS based on loan

amount



Other Allowable Expenses (added to budget upon request):

Dependant Care Allowance – Calculated by the FAO.

Child Care Allowance - Maximum $2,000 per month. Documentation required.



Non-Allowable Budget Expenses (not included in standard budget):

Document Fee - $60, Entering Students

ASSU Fees – 2010-11 annual fee - TBA





**For Students and Graduates of Medical Schools in the United States and Canada Accredited by the LCME

or AOA. Exam expense added to student budget in winter quarter unless otherwise requested.









Revised 4/1/2010

Subject to Revision


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