Student Finances - Medicine

Planning for Success

If your dream is to have an influence on health care in Canada as a physician, the cost of Undergraduate Medical Education should not limit your dream. While the pursuit of a Doctor of Medicine degree does not come inexpensively, there are options available to help defray the cost of your medical education.

Tuition and Ancillary Fees

An estimate of education costs across the four years of the Schulich Medicine MD Program is outlined below. This estimate is provided to assist you in establishing your own personal budget. It does it represent actual tuition levied by Western University. The tuition estimate is based on an average of historical trends and is for reference only.

If you are already a Schulich Medicine MD Program student and would like to see more information about your tuition and ancillary fees, please refer to the Office of the Registrar Fee Schedules.

Living Expenses

Estimated living expenses for medical students in London and in Windsor are outlined below. Estimated rent is based on a student living independently. Rent for shared accommodation may be lower.

Sample Budget

The following are estimates provided as a guideline, designed to stimulate thoughts about your particular needs. Not included in the estimates are living costs for additional family members (e.g. spouse, children), travel/transportation costs and debt financing.

Estimated Expenses (2018/2019)
Year 1 (10months) Year 2 (10months) Year 3 (12months) Year 4 (10months)
Tuition & Ancillary Fees 28,000 28,000 28,000 28,000
Books 2,900 2,900 2,600 2,700
Rent 7,000 7,000 8,400 7,000
Food 4,000 4,000 4,800 3,600
Entertainment 1,000 1,000 1,200 800
Clothing 750 750 900 675
Personal/Incidentals 1,000 1,000 1,200 800
Laundry 300 300 360 270
Utilities 1,000 1,000 1,200 800
Internet/phone 1,000 1,000 1,200 800
Elective Costs 2,200
CaRMS process 4,600
Estimated Yearly Cost: 46,950 46,950 52,060 50,045

Funding Your Education

It is necessary to decide how you will finance these expenses. Successfully financing your education means careful planning and close attention to budgeting. Identifying financial resources, estimating costs and developing strategies to meet these costs should be a part of your plan to attend medical school.

Scholarships and Bursaries

Western University offers over $5.1 million in scholarships and bursaries to support Schulich Medicine students.

In addition, the University offers a number of Schulich Medicine Scholarships valued at $104,800 each ($26,200 per academic year, up to four years).

For more information on scholarships and awards, visit the Office of the Registrar website.

Ontario Student Assistance Program

The Ontario Student Assistance Program (OSAP) is a financial aid program that can help you pay for university. OSAP offers funding through two kinds of money:

  • Grants which do not need to be paid back.
  • Student Loans which need to be repaid once university is completed.

OSAP is available to help fund not only tuition, books/equipment/supplies and mandatory student fees but also living expenses for full-time students and child care for students with children.

For complete details, including who is eligible and how to apply, please visit the OSAP website.