The cost of attendance, also referred to as the student financial aid budget, includes those expenses associated with attendance at the medical school during any given year and includes tuition, room and board, book and supply costs, transportation, health and disability insurance, and other expenses if required of all students during school. The Board of Directors for Georgetown University sets the tuition cost each year.
Students always have direct input in the determination of financial aid budgets.
There are several important things to remember about student financial aid budgets. First, these are standard budgets and are intended to represent an estimate of what most students can expect to spend in any given year on educational expenses. All students, especially those in the first year class, are encouraged to live below the student financial aid budget if at all possible. Second, student financial aid budgets allow for a moderate standard of living. Third, students may not receive financial aid from a combination of any and all sources in excess of their financial aid budget.