Financial Information

Financial Aid
The Medical College of Georgia Office of Student Financial Aid helps students secure needed financial aid. Assistance includes loans, limited scholarships and/or part-time employment.

Information and applications for financial aid are provided to all applicants invited to interview. Correspondence regarding financial aid should be sent to:

Office of Student Financial Aid
Medical College of Georgia
1120 Fifteenth Street, AA-2013
Augusta, Georgia 30912-7320

Applications for funds from MCG are separate from admissions applications, i.e., one need not wait for acceptance to MCG before applying for aid. It is recommended that financial aid application material be submitted between January 1 and February 15 prior to the anticipated enrollment regardless of acceptance status. Applications will be processed according to the date of receipt, so early application after January 1 is encouraged. Applications completed by March 31 will receive priority consideration.

Estimated Academic Expenses for 2006-2007

 
First Year
(3 semesters)
Second Year
(3 semesters)
Third Year
(3 semesters)
Fourth Year
(2 semesters)
Matriculation Fee

$ 14,151

$ 14,151

$ 14,151

$ 9,434
Student Health Fee

369

369

369

274
Student Activity Fee

101

101

101

76
Technology Fee

255

255

255

170
Health Fitness Center Fee 150 150 150 125
Books and Supplies

1,207

540

823

0
Instruments and Equipment

4,050

4,050

4,050

2,700
Student Health Insurance

870

870

870

870
Disability Ins. 95 95 95 95
Other Educational Costs

2,730

2,261

2,236

1,487
Grand Total

$23,721.50

$22, 728.35

$23,004.15

$15,320

All tuition charges, board, room rent, or charges are subject to change at the end of any academic term.

During the off-site clerkship experience, the student may incur some added expenses, depending on the location selected for these experiences. After the fourth year, most students elect to take one or more state board examinations for licensing purposes. At the time of this writing, Central Regional Dental Testing Services, Inc. costs $1,600 plus a $400 facility fee for MCG dental students.

All students at MCG are required to carry health insurance, and certification of health insurance is required of each student annually. A student health insurance plan is available through the MCG Student Government Association. Students can subscribe to this or another plan of their choice as long as the plan obtained outside of MCG meets minimal institutional benefit standards. The cost of student health insurance included in the estimated academic expenses listed above is the annual (12-month) cost for a single student. Cost of coverage for spouses and children is higher.

Estimated Other Expenses 2006-2007
Graduate/Professional Students
Monthly allowances

 

Rent/Utilities
Phone

Food

Personal
Expenses

Transportation

Total
Per Month
On-Campus

$629

500

200

 250

$1,579
Off-Campus

$810

500

 200

275

$1,785
Commuter $179 500 200 275 $1,154

Notes:

  1. The following explanation of terms may be helpful. Personal expenses include allowances for medical expenses, clothing, laundry, recreation, toiletries and miscellaneous expenses. Transportation includes an allowance for public transportation or car pooling and/or maintenance of a vehicle, gasoline and insurance.
  2. To calculate annual costs, multiply the total per month times the number of months of enrollment. These are shown in the chart for Estimated Academic Expenses.

Refund Policy
In accordance with federal government requirements, the MCG refund policy is presented below:

Unless otherwise required by state or federal law, students who officially withdraw from MCG will receive a refund of tuition and other mandatory fees at the end of the semester in which the withdrawal is made. Students who officially withdraw with a clean record within the time specified after the scheduled registration date may receive refunds of tuition and other mandatory fees as listed:

Time of Formal Withdrawal Percent Refunded
On or before the first day of class 100
Withdrawal after the first day of class but before the end of the first 10% (in time) of the period of enrollment 90
Withdrawal after the first 10% (in time) of the period of enrollment but before the end of the first 25% (in time) of the period of enrollment 50
Withdrawal after the first 25% (in time) of the period of enrollment but before the end of the first 50% (in time) of the period of enrollment 25
Withdrawal after the first 50% (in time) of the period of enrollment 0

The refund of tuition and other mandatory fees is limited to withdrawal from the institution and not for dropping of individual courses.

Acceptance Deposits
The School of Dentistry at the Medical College of Georgia requires a $100 acceptance deposit which will be credited toward first semester matriculation fees. Those accepted applicants who fail to appear for registration, and fail to notify the Office of Students, Admissions and Alumni of their withdrawal 90 days prior to enrollment, shall forfeit their acceptance deposit.

 

Revised October 31, 2008.   Please send comments, suggestions or questions about this page to Stephanie Perry, slperry@mcg.edu.