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Fall 2018 Financial Aid Update for Class of 2021

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Dear Second-Year Medical Students:

The cost of registering for Step 1 ($610) and Step 1 study materials ($750) are included in the 2018-2019 academic year books and supplies portion of the cost of attendance (COA). Please make sure to budget appropriately for this cost in your fall and spring semester financial aid disbursements. Remember, the earlier you register for the exam, the more choice you have in scheduling your exam.

Fall 2018 Step 1 and 2 fee summary

Fall 2018 Step 1 and 2 fee summary

Also, keep in mind that financial aid is disbursed equally between both semesters. If you need to have a portion of the spring semester funding advanced to the fall semester so you can register for Step 1, please contact us for this and we will see if it is feasible so as not to put you in a disadvantage for your spring semester budgeting. Keep in mind that you will be moving in April to your selected campus and as such this expense cannot be adjusted for in the COA. Financial aid for the third year begins in late May following how you will be registered for the summer term. More on this later. As a sneak peak, you can see how current third years made their transition from an academic year to a summer and academic year financial aid process under Phase 2 (third year).

Your IUSM Financial Aid Team

The views expressed in this content represent the perspective and opinions of the author and may or may not represent the position of Indiana University School of Medicine.
Author

Jose Espada

Jose Rivera Espada is the director of financial aid at IU School of Medicine, a nine-campus allopathic medical school in Indiana. Jose’s experience includes working as an assistant director of financial aid at Butler University and a financial aid coun...