Financial Considerations for Medical Students at California State University, Fresno

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Explore the financial aspects of pursuing a medical education at California State University, Fresno, including costs, loan debt, and strategies to manage expenses. Learn about average tuition fees, potential loan amounts, and the impact on future finances as a medical student. Plan your financial strategies wisely for a successful medical career.

  • Education
  • Medical School
  • Student Debt
  • Financial Planning
  • California State University

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  1. Pre Pre- -medical medical Studies at at Fresno Fresno State Studies State Larry G. Riley, MSc, PhD Professor Comparative Endocrinology Pre-Med Advisor Biology Department California State University, Fresno Science 1, room 212 lriley@csufresno.edu Appointments are made with the Biology department @ 278-2001 California State University, Fresno Department of Biology

  2. The Journey Towards a Medical Doctor (MD) & Doctor of Osteopathy (DO) Financial (Application Fees & Cost Medical School) California State University, Fresno Department of Biology

  3. 2016 data California State University, Fresno Department of Biology Healthcareworkout.com

  4. California State University, Fresno Department of Biology

  5. Lost wages while attending medical school & residency Interest on your loan(s) $400,000 more in the hole compared to average college graduate Remember you need a good credit score to qualify for many loans. So, get a credit card now, but use it sparingly and pay it off every month. California State University, Fresno Department of Biology

  6. Average Cost of Education 2017-2018 average cost of medical school/year (Tuition, fees, & health insurance): Public: resident: $35,704 nonresident: $60,141 Private: Resident: $57,194 Nonresident: $58,709 Remember you need a good credit score to qualify California State University, Fresno Department of Biology for many loans.

  7. American Medical Student Association estimates that over 85% of graduates in the medical field carry education debt. In 2016, average medical student debt was $190,000 before interest. Education debt should not play a determining role in specialty choice. Expect to take 15-20 years to pay off your loan. There are strategies to help decrease your debt. California State University, Fresno Department of Biology

  8. In addition to paying off your school loans, possibly a home mortgage, and basic living expenses, you will need to have malpractice insurance (annually). Malpractice Insurance Cost depends on the State & Specialty Costs can range from ~$5,000 - >$50,000 annually Can be as high as >$100,000 annually California State University, Fresno Department of Biology

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