The cost of medical education is on a constant rise, so much so that nearly 70% of medical students graduate in debt. According to the AAMC(Associations of American Medical Colleges), the cost of attending a public medical school in the US is around $37,556. In comparison, private medical schools cost approximately $60,000 per annum. Medical education in academically leading countries like the US and Canada is so high that students turn to Caribbean medical schools to earn a medical degree at an affordable rate without compromising education quality.
Surprisingly even accredited Caribbean medical schools are cost-effective. Caribbean medical schools tend to have lower tuition fees for high-quality medical education. Besides affordable tuition fees, they offer rolling admission to prospective medical students. However, while selecting a Caribbean medical school, you must do thorough research to choose the one that can help you achieve your future objectives. Medical schools in the Caribbean have varying accreditation levels, approvals, curricula, and opportunities available for medical students.
Medical School fees in the Caribbean Island
The accreditated and top-rated medical schools in the Caribbean require you to have a bachelor’s degree to apply for their medical program. If you possess what it takes to become a doctor, the island medical schools can bring you closer to your dream.
Island medical schools have gained tremendous popularity regarding the MD program. The well-designed course integrates the studies of basic sciences and clinical medicine. Moreover, clinical rotations are an integral part of their curriculum that promotes hands-on training to the medical students in a hospital setting—all these benefits and facilities at an affordable rate.
The tuition fees of the Basic Science Program are around $23,500 per semester. The Basic Science program spans two years, where the students are offered foundational knowledge of medicine and help them develop clinical skills that can be used in the advanced years.
The per semester tuition fees of the clinical medicine program range is approximately $26,000. Apart from tuition fees, the students are subjected to pay other costs, including application fees, lab fees, graduation fees, review fees, first-semester lab fees, and additional non-refundable administrative fees. The tuition and miscellaneous expenses are subject to change.
Other Expenses of attending Caribbean Medical School
A prospective medical student needs to know that expenses are beyond tuition fees. Accommodation and living away from home can strain you financially. The Caribbean medical universities provide dormitories to first-semester medical students at lower prices to ease their financial burden. Owned by university residents, the dormitories are well-equipped with microwaves, refrigerators, and air conditioners. First-semester students have to pay $2,450 for the Hillside Dorm Single of the top Caribbean Medical School. Besides dorm charges, students will have to pay an additional $500 as security deposit, water, and fuel charges. After the first semester, the students will have to find accommodation outside the medical school premises.
Final Thoughts
The Caribbean medical schools also offer financial aid, including loans and scholarships. Popular scholarships are Canadian Scholarship programs, US Academic scholarships, and the Cayman Islands Scholarships. By considering all these factors, you can choose the right medical school. Enroll now to a Caribbean Medical School!