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Tuition and Fees

Learn about the tuition and fees for our range of medical programs.

MD Program Tuition and Fees

Tuition and fees are billed on a semester basis for students in Basic Science and in Clinical Medicine.

Basic Sciences

Tuition and fees for students in Basic Science are due upon registration but no later than fifteen days prior to the first day of classes. Non-payment by the first day of classes may result in registration being canceled.

Tuition and fees are subject to change. Students with an outstanding balance are not eligible to register for the next semester without clearing up that outstanding balance to the satisfaction of the Student Accounts Office. For students in both Basic Science and Clinical Medicine, a U.S. $200 late fee will be assessed if tuition and fees are not paid for on time.

Clinical Medicine

Tuition and fees for students in Clinical Medicine are due prior to registration and at least one month prior to the commencement of the semester and/or clinical rotation. Tuition and fees are charged for all clinical rotations. Students in Clinical Medicine will be billed for an entire semester regardless of the starting date as long as the student is anticipated to be in rotations.

Additional charges may be due during fourth year if students choose elective rotations with costs exceeding the standard St. Matthew’s University subsidy rate. Each student will pay a maximum of five clinical sciences semesters (given that no rotations were failed).

MD Program Tuition and Fees USD
Basic Science Tuition per Term (Term 1-5):$17,702
Basic Science Administrative Fee per Term (Term 1-5):$7,070
Clinical Medicine Tuition per Term (Term 6-10): $23,406
Clinical Medicine Administrative Fee per Term (Term 6-10):$5,294
Malpractice Insurance per Term (Term 6-10):$295

Additional Fees

All additional fees are paid in USD
Graduation Fee:$500
Background Check Fee (Depending on the required extent of search):$50-$250
Cayman Entry Fee:**$113
Returned Check Fee (insufficient funds):$35
Late Tuition Payment Fee:$200
CBSE Retake Fee:$300
Part-Time Tuition per Credit Hour:$820
Part-Time Administrative Fee per Credit Hour:$325
Deferment Fee (non-refundable):$500
Leave of Absence Fee:$500
Transcript Request Fee:$10
Tuition Deposit (non-refundable):$500

Laptops are required for all students
** Cayman Island Government Fee

MD Program Refund Policy

All refunds will be made within thirty (30) days of the withdrawal date. Before any refund can be initiated, a withdrawal form must be completed and submitted to the Dean of Basic Science.

Basic Science tuition will be refunded according to the following schedule*:

Prior to the first day of the semester100%
During the first week of the semester93%
During the second week of the semester87%
During the third week of the semester80%
During the fourth week of the semesterNo refund

Any student withdrawing from a clinical rotation, subsequent to assignment and acceptance, will not be subject to a refund on tuition for that semester of rotation.

Any new applicant to St. Matthew’s University requesting withdrawal within three days of payment of the seat deposit to St. Matthew’s shall receive a full refund of all tuition and fees paid.

*All fees, including the first semester seat deposit fee of $500, are excluded from this refund policy and are not refundable after the first three days’ exemption as previously described.

Other Charges for the MD Program

Students attending Basic Science in Grand Cayman will be billed monthly for miscellaneous charges. Payment is due upon receipt of these invoices. Non-payment of accounts will result in the loss of credit privileges on campus.

PLEASE NOTE: All figures are in USD. Tuition and fees are subject to change.