Financial Aid

We are proud to level the financial playing field for all M.D. students training at Albert Einstein College of Medicine with the David S. and Ruth L. Gottesman Scholarship Fund. Now every medical student can start their medical education knowing that tuition and fees are fully covered.

We realize there are living expenses associated with your attendance at Einstein. Although expenses vary from student to student, we base decisions regarding financial aid on student eligibility for federal aid and cost-of-attendance estimates, or "budgets." Students are assigned a budget based on their academic program and class level. The budget includes all reasonable expenses the student might expect, including health insurance, housing, food, and personal expenditures. The following are the estimated average costs for a medical student for the 2024-25 academic year.

  MD
1st Year
10 Months		 MD
2nd Year
10 Months		 MD
3rd Year
12 Months		 MD
4th Year
12 Months
EINSTEIN CHARGES
Tuition $61,688 $61,688 $61,688 $61,688
Educational Technology Fee $3,979 $3,979 $3,979 $3,979
Student Health Insurance* $5,400 $5,989 $5,989 $5,989
Subtotal Tuition & Fees $71,067 $71,656 $71,656 $71,656
Gottesman Scholarship -$65,667 -$65,667 -$65,667 -$65,667
Total Charges $5,400 $5,989 $5,989 $5,989
EDUCATIONAL EXPENSES
Books & Supplies $1,950 $2,007 $1,100 $1,100
National Board Fees $0 $645 $2,015 $0
Residency Interview Cost $0 $0 $0 $3,200
Subtotal Educational Expenses $1,950 $2,652 $3,115 $4,300
LIVING EXPENSES
Room (Rent/Utilities = ($1,200/month) $12,000 $12,000 $14,400 $14,400
Board $6,000 $6,000 $7,200 $7,200
Grad Fee $0 $0 $0 $100
Personal $3,500 $3,500 $4,500 $4,500
Transportation $2,000 $2,000 $2,000 $1,000
Subtotal Living Expenses $23,500 $23,500 $28,100 $27,200
Total Cost of Attendance $96,517 $97,808 $102,871 $103,156
Cost of Attendance after Gottesman Scholarship $30,840 $32,141 $37,204 $37,489

*Student health insurance can be waived with proof of comparable insurance.
If a student incurs educational expenses that exceed the budget allocated, they should discuss this with the Student Finance Office.