Medical College of Georgia

 Admissions Bulletin

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Financial Information

All tuition and fees are due and payable upon registration and subject to change without notice.

Policy on Student Health Insurance
MCG is committed to the policy that all students should have adequate health care. Therefore, all students who are enrolled in full-time degree or certificate programs must carry comprehensive health protection meeting the specific minimum benefit standards listed below. To satisfy this requirement, students may obtain coverage through the MCG recommended student group plan or maintain equivalent health care insurance through an alternative plan. Annual certification of health insurance coverage is required.

The minimum benefit standards (set forth by the Student Service Committee) include:

• major medical coverage of at least $1,000,000
• hospitalization & surgery
• outpatient ambulatory benefits
• mental health benefits (minimum of 50% reimbursement)
• substance abuse coverage
• out-of-pocket loss maximum of $2,000 per year plus deductible

Financial Aid
The Medical College of Georgia Office of Student Financial Aid assists students in financing their education. Financial assistance includes loans, scholarships and part-time employment. Non-federal scholarships administered by the Medical College of Georgia are awarded by the School of Medicine Scholarship Committee. The Scholarship Committee meets from January through August to select recipients from each of the four School of Medicine classes.

Financial aid application materials and additional related information are available electronically via the internet at www.mcg.edu/students/finaid. We encourage students to apply for financial aid as soon as possible after January 1. Prospective students may apply for financial aid before acceptance into the School of Medicine. Applications will be processed when the student’s file is complete and the student is registered for class.

For more information, contact the Office of Student Financial Aid, Medical College of Georgia, 1120 15th Street (AA-2013), Augusta, GA 30912-7320. Our telephone number is (706) 721-4901. Financial aid staff are available to assist you from 8am until 5pm (e.s.t.), Monday through Friday. You can also reach us by e-mail at osfa@mcg.edu.

These expenses are estimated for the 2007-2008 academic year. All tuition and fees are subject to change. For more specific consumer information, contact the Office of Student Financial Aid.
 

Refund Policy
Students who withdraw from all courses before completing 60% of the semester are entitled to a refund of a portion of tuition, mandatory fees and institutional charges. The refund amount is based on a pro rata percentage determined by dividing the number of calendar days remaining in the semester. Students who drop individual courses are not entitled to a refund for the course(s) dropped; only students who withdraw from the institution in keeping with official withdrawal procedures established by the Office of the Registrar are eligible for refunds.

The number of calendar days remaining in the semester is the number of days from the student's official withdrawal date through the last day of scheduled exams. The total number of calendar days in the semester include weekends and exam periods. Calculations exclude scheduled breaks of five or more calendar days and days that a student was on approved leave of absence defined by the federal regulations for the return of Title IV student aid funds.

Institutional charges are defined in the Higher Education Act of 1965 as amended. Institutional charges include tuition, activity fee, student health fee, on-campus housing, student fitness center fee, technology fee, microscope rental and any other equipment rental fee paid directly to the school. Parking fees, health insurance, disability insurance, fines, library charges, books, supplies, dues, liability insurance, and any fee paid directly to a vendor on behalf of the student are not considered institutional charges and are not included in refund calculations.

Students enrolled in Phase III of the School of Medicine curriculum are enrolled in a program of study defined by federal aid regulations as a modular curriculum. An individual clinical rotation, regardless of length, is considered a module. Students enrolled in modular curriculum who complete one or more modules during a semester are not entitled to a refund. In addition, students completing 60% or more of the total educational activities for the modules for which the student was registered at the beginning of the semester will not receive a refund.

A refund of all non-resident fees, matriculation fees and other mandatory fees shall be made in the event of a death of a student at any time during the semester.

Full refunds of tuition and mandatory fees and pro rata refunds of elective fees will be given to students who are:

1. Military reservists (including members of the National Guard) and who receive emergency orders to active duty after having enrolled in a University System institution and paid tuition and fees.
2. Active duty military personnel who receive an emergency reassignment after having enrolled in a University System institution and paid tuition and fees.
3. Otherwise unusually and detrimentally affected by the emergency activation of members of the reserve components or the emergency deployment of active duty personnel of the Armed Forces of the Untied States and who demonstrate a need for exceptional equitable relief.

Refunds to students receiving student financial aid will be coordinated with the Return of Title IV Funds regulations of the Higher Education Act of 1965 as amended, state scholarships and grant regulations, and the regulations of the individual private scholarships and loans, as appropriate.

Acceptance Deposits
A $100 acceptance deposit from accepted applicants will be credited toward first-semester matriculation fees. The deadline for return of the deposit is May 15th. Accepted applicants who inform MCG they will not enroll after May 15 forfeit their acceptance deposit.

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April 21, 2008