Financial Information

Tuition and Fees

Tuition for the Four-Year MD Program is $42,734 for each academic year (2007/2008 rates), plus fees of $500. Tuition for the first three years of the Seven-Year Program is $33,330 (2006/2007 rates). Tuition for the last four years of the Seven-Year Program is equivalent to the Four-Year MD Program rate. Tuition for each summer course is approximately $485 per credit hour, with a $40 registration fee for each Summer Term session. Tuition is to be paid in full at the time of registration.

All applicants accepted into the entering class must make an initial tuition payment of $500 by June 1. This tuition payment is credited to the first semester of the first year and is not refundable.

Invoices are mailed to the permanent address on record for registered students. Students should complete settlement of their student accounts via the mail. Payment deadline is approximately two weeks prior to the start of classes. Payments for a student’s semester bill should be directed to the Student Accounting Services, P.O. Box 55163, Boston, MA 02205-5163.

Deposits are credited to the student’s account for application to the semester bill. Checks must be made payable to Boston University.

It has been and remains the policy of Boston University to withhold all diplomas, degrees, official transcripts, and other official recognition of work done at the University from students with respect to whom there are any outstanding overdue debts to the University, including, but not limited to, amounts owed in satisfaction of tuition, loan agreements, fees, and charges as well as monies owed for occupancy in University-owned or -operated residences and for dining service. No student may withdraw from the University in good standing or graduate from the University unless all current obligations to the University are paid in full.

The University assumes no liability for failure to provide educational or related services arising from causes beyond the reasonable control of the University. The University will exert reasonable efforts to provide comparable or substantially equivalent services, but its inability to do so shall not subject it to liability. The Trustees of the University reserve the right to change tuition rates, fees, and residence and board charges at their discretion when it is deemed advisable.

Students are reminded that the refund policy on withdrawals, as stated further on in this section, is the official one, regardless of the payment schedule.

Application for admission: $100

Medical insurance (required): varies by plan

Late payment fee: Students who do not complete payment/settlement by the established deadline each semester will be assessed a late fee.

Reissue of picture ID card: $35

Program fee: $500

The student is assessed at actual cost for any breakage or damage to University property. Library fines are assessed by the Librarian.

All fees are nonrefundable.

The fees are payable directly to the National Board of Medical Examiners, 3930 Chestnut Street, Philadelphia, PA 19104.

Step I: $470

Step II CS: $470

Step II CK: $1,005

Deferred Payment Although the University does not offer its own deferred payment plan for full-time students, parents may arrange for financing through private agencies. This should be done well before the start of the academic year. Information on such plans may be obtained by contacting Student Accounting Services, 881 Commonwealth Avenue, Boston, MA 02215-1390; 617-353-2264.

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Withdrawals and Refunds

Part-time students who reduce their course load (but remain registered) during the first five weeks of the fall or spring semesters will have their accounts adjusted for the difference between the original and reassessed tuition charge.

Students who find it necessary to withdraw from the University (both full- and part-time) must submit an official withdrawal letter to the Associate Dean of Student Affairs and must file an Official Withdrawal Form with the Registrar’s Office within five days of withdrawal. Mere absence from classes does not reduce a student’s financial obligations nor guarantee that a final grade will not be recorded.

Upon receipt of the Official Withdrawal form, the Registrar’s Office will adjust the student’s account as follows: students withdrawing during the first two weeks of classes are eligible to receive a refund or credit of 80 percent of their tuition only; during the third week, 60 percent; during the fourth week, 40 percent; during the 5th week, 20 percent. After the fifth week of classes, there will be no refund or credit.

The application fee and deposits toward tuition and/or room and board are not refundable. No fees are returned after the start of classes. Students with financial assistance/student loans must contact their financial assistance officer to request a refund of a credit balance. A resultant credit balance (overpayment) from withdrawal, cash payment, and/or other adjustment may be refunded upon written request or personal visit to: Boston University Office of the Comptroller, Student Accounts Office, 881 Commonwealth Avenue, Boston, MA 02215.

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Published by Trustees of Boston University
One Sherborn Street
Boston, MA 02215

17 September 2007
Boston University
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