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): | $17,402 |
| Clinical Medicine Tuition per Term (Term 6-10): | $23,006 |
| Basic Science Administrative Fee per Term: | $6,570 |
| Clinical Medicine Administrative Fee per Term: | $4,744 |
| Malpractice Insurance per Term (Term 6-10): | $295 |
Pre-Medical Master’s Program
Program Length: 2 Terms
The Pre-Medical Master’s is a two semester program offered online or on-campus through our sister school, Medical University of the Americas. Upon successful completion of the Pre-Medical Master’s program, students join the next St. Matthew’s University School of Medicine class.
Effective for matriculants beginning on or after the September 2024 Semester:
| Pre-Medical Master’s Tuition and Fees per Term | USD |
|---|---|
| Tuition per Term: | $2,500 |
| Administrative Fee per Term: | $2,500 |
Gateway Medical Program
Program Length: 1 Term
Gateway Medical Program is a 15-week program offered online or on-campus through our sister school, Medical University of the Americas. Upon successful completion of Gateway, students join the next St. Matthew’s University School of Medicine class.
| Gateway Tuition and Fees | USD |
|---|---|
| Tuition per Term: | $7,000 (Covered by Gateway Grant*) |
| Administrative Fees: | $2,500 |
The Gateway Grant is exclusively available to students who enrolled in the January 2024 and subsequent cohorts of the Gateway Program. Eligible Gateway students will be awarded a one-time grant of $7,000 USD to be applied toward their Gateway tuition fees. While students will benefit from this grant, they will continue to pay the administrative cost of $2,500 USD associated with the course.
Additional Fees
MD Program 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 Payment Fee: $200
CBSE Retake Fee: $300
Part-Time Tuition per Credit Hour: $795
Part-Time Administrative Fee per Credit Hour: $300
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 semester | 100% |
| During the first week of the semester | 93% |
| During the second week of the semester | 87% |
| During the third week of the semester | 80% |
| During the fourth week of the semester | No 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 $500.00, 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.
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