Are Caribbean Medical Schools Most Expensive?
Caribbean schools of medicine are the inexpensive alternatives, meaning they have lower tuition fees even for the best quality education. It is no secret that medical education is getting expensive around the globe. With a limited number of intakes, aspiring students seek the island medical school to earn a medical degree. The island medical schools are less costly than their US or Canadian counterparts. According to the AAMC(Association of American Medical Colleges), the cost of attending a public medical school in the US is approximately $37,556 per year. In contrast, a private college may cost around $60,000 per annum.
Cost of Studying Medicine in the Caribbean Medical School
Caribbean medical schools are popular for offering well-design MD programs. An MD program integrates the study of basic science and clinical medicine with a four-year duration. The tuition fees for matriculants on or after may semester for basic science is $18,480, and for clinical medicine, the tuition fee is approximately $22,750. Apart from these tuition fees, the students are required to pay additional fees of $5,520 for basic science and $3,250 for clinical medicine programs as administrative fees.
The tuition fees for matriculants of the September and January semesters are different from the May semester. For basic science courses, the tuition fees stand at $19,800, and for clinical medicine, program is approximately $23,200.
Additionally, the medical students are required to pay refundable and non-refundable fees and deposits are graduation fees, first-semester lab fees, transcript fees, visa fees, application fees, non-refundable tuition deposits, non-refundable administrative fees, etc.
Insights About the Caribbean Medical Schools
The Caribbean island is popularly known as a ‘tropical paradise.’ It is further known for its diverse community of people living together with utmost ethnicities. Apart from being a popular holiday destination, the Caribbean island is rapidly developing regarding its medical education, becoming one of the most sought-after study destinations to pursue a medical program.
As the competition in medicine increases rigorously, nearly half of the applicants face rejections from the medical schools in academically leading countries. Prospective medical students with average GPA and MCAT scores are increasingly turning towards these island medical schools. High-quality education, system-based curriculum, small class size, diverse student body, and personalized teaching make it an optimal study destination.
The one thing that sets Caribbean medical schools apart from other medical schools is the cost of education. Medical degrees are often expensive. Nearly 70% of medical students graduate in debt. Hence, a medical school that can be affordable while offering a high-quality education attracts students from different nationalities.
The Caribbean medical schools are affordable and allow many students to fulfill their dream of entering a medical field with a higher acceptance rate. Despite being less costly in medical school, they still allow students to apply for loans and other financial aid to ease the burden.
Aspiring students can choose the best medical school to impact their career positively. Invest adequate time to do thorough research to make a well-informed decision. A medical degree earned from an accredited Caribbean medical school can allow you to practice medicine in countries like the US and Canada. Sign in to our website now to learn more about the MD Program!