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Financial Overview



Since it was founded in 1997, St. Matthew’s University has always been able to offer a tuition that compares very favorably with other medical schools (see table below) while also maintaining the rigorous standards that have made it a top choice among international M.D. programs.

According to the American Association of Medical Colleges, the average per-semester tuition at public medical schools in the U.S. now exceeds $27,000. The cost has risen so high that most students must seek additional financing beyond what they can obtain through federal loan programs, such as Stafford Loans.

Of the very few Caribbean medical schools approved in both New York and Florida, SMU offers the most cost-effective tuition. This enables students to complete their education with far less indebtedness. This is especially true when compared with other Caribbean medical schools whose tuition and fees are 50 to 100% higher than those of SMU.

Tuition and Fees (U.S. $), How SMU Compares
School4 Year M.D. Program Tuition and Fees
U.S. Public School Median $217,850
U.S. Private School Median $200,880
SMU $127,895
St. Georges $247,046
Ross $209,350
AUC $197,563

Source: Association of American Medical Colleges, and individual school web sites as of July 2014.