Enrollment in the Physician Assistant program represents a substantial commitment, both academically and financially. To enable students to better understand the extent of that commitment, we have prepared an estimate of the cost to complete the program; note that the estimate does not include students’ personal and living expenses. The tuition and fee estimates are based on tuition for the 2022-23 academic year, and students should expect an increase of approximately 5% each year.
Physician Assistant Program Cost of Attendance Budget 2022-23
|1st Year Students||2nd Year Students||3rd Year Students|
|Books, Supplies, Equipment||$2,000||$1,000||$600|
|Housing and Food||$18,000||$18,000||$18,000|
|Total Cost of Attendance||$84,046||$66,854||$51,526|
|Direct Cost (Billed by MU)||$57,628||$38,556||$23,628|
- Health insurance is required each year. To learn more, please visit this page.
- *Examples of supplies: white jacket, BLS and ACLS fees, PANCE, NJ License, and school supplies. For the full cost of attendance, click here.
- **Equipment packages vary by price. The amount show is the median price of an equipment package most chosen by first year students.
Private Scholarships are often available from private corporations and foundations. Students are encouraged to explore additional scholarship opportunities via our searchable database or via Internet search engines such as www.fastweb.com. You may also visit http://paeaonline.org/?s=scholarship for PA scholarships listed by the Physician Assistant Education Association.
Federal Direct Unsubsidized Loan
These are available to all students who complete the Free Application for Federal Student Aid (FAFSA), have no prior defaults on federal student loans, and have not exceeded lifetime borrowing limits.
Students may borrow up to $20,500 per academic year. To learn more about repayment terms and interest rates on Direct Unsubsidized Loan, please visit this page.
Graduate PLUS and Alternative Loans
Federal Direct Graduate PLUS Loans are credit-based loans offered by the federal government to graduate students. Eligible students may borrow up to the cost of education less any other financial aid received. Learn more about these loans.
Alternative Loans are loans from private sources and are used to meet costs that are not covered by scholarships and the Federal Unsubsidized Loan. Students may borrow up to the cost of education less any other financial aid received. The terms and conditions for these loans vary widely. Learn more about alternative loan options.
The University offers an interest-free payment plan through Tuition Management Systems (TMS). For more information or to sign up, please visit afford.com/options.
Budgeting Basics: Managing Your Money
To help budget between living expenses and educational expenses, the Association of American Medical Colleges has created a monthly budget worksheet, which may be helpful to students during their three years at Monmouth. Download the worksheet.
To assist students in evaluating the resources available to them and to develop a financial plan for managing the costs of enrollment in the program, we have a dedicated point of contact in the Financial Aid Office:
Assistant Director of Financial Aid
Financial Aid Office
400 Cedar Avenue
West Long Branch, NJ 07764
Location: Wilson Hall, Room 108
To learn more about the PA program requirements, please visit the program’s home page.