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Cost of Attendance

MD Program Cost of Attendance 2018-2019

Additional Allowable Costs

With appropriate receipts, the following expenses may allow for an increase in Cost of Attendance: 

  • Childcare expenses
  • Automobile repairs that are not considered routine maintenance
  • Health care expenses not covered by medical insurance that are deemed to be extraordinary and unanticipated. 
  • Residency interview/relocation funding (4th year medical students only)  

How is Cost of Attendance determined?

Cost of Attendance is the total amount of aid, including scholarships, grants and loans, that you are eligible to receive for the entire year.  The Cost of Attendance is calculated based on living expenses in the Winston-Salem area and information from student surveys.  The amount provided each year allows a medical student to live comfortably alone, but not luxuriously. Ideas for cutting costs include: getting a roommate, budgeting money for food and other expenses, and living as frugally as possible.

It is not required that you accept the full Cost of Attendance each year.  The amount you accept is flexible. You are allowed to return funds if you accept too much or request more if you run short, as long as you stay within the Cost of Attendance.  

How do I manage this money?

The Office of Financial Aid is available to meet with you one-on-one to talk about managing your disbursements.  Due to the strict amount allowed for each year, it is important that you have a spending plan.  There are many creative ways to manage these funds.  For example, you might pay rent for the entire semester when you receive your each disbursement.  Another way to make your money last is to deposit your disbursement into a savings account and "pay" yourself monthly or bi-monthly. You could also download an app to your cell phone that tracks your spending. 

Quick Reference

Financial Aid

Phone: 336-716-4264
Fax: 336-716-9593


Mon - Fri 7:00 am - 4:30 pm


Bowman Gray Center for Medical Education, 1st Floor, 475 Vine St.

Mailing Address:

Office of Financial Aid
Wake Forest School of Medicine
PO Box 573183
Winston Salem, NC 27157

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Last Updated: 06-12-2018
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Disclaimer: The information on this website is for general informational purposes only and SHOULD NOT be relied upon as a substitute for sound professional medical advice, evaluation or care from your physician or other qualified health care provider.

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