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Cost and Financial Aid

Master of Science in Physician Assistant (PA) Estimated Costs & Financial Aid

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 2020-21 academic year, and students should expect an increase of approximately 5% each year.

Students Starting in the 2020-21 Academic Year

Year One

  • Tuition: 42 credits, $53,214
  • Fees: $1,012
  • Books: $750
  • *Supplies: $150
  • **Required Equipment: $1,100
Year Two

  • Tuition: 36 credits, $45,612
  • Fees: $812
  • Books: $500
  • *Supplies: $500
  • ** Required Equipment: $0
Year Three

  • Tuition: 17 credits, $21,539
  • Fees: $712
  • Books: $150
  • *Supplies: $450
  • **Required Equipment: $0
Total estimated cost: $56,226 Total estimated cost: $47,424 Total estimated cost: $22,851

The total estimated cost for the entire program is $126,501 for three years.

  • 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. View the full cost of attendance, (Please note the 2020-21 tuition and fee schedule will not be approved by the Board of Trustees until June 2020; please check back for updates to the cost attendance webpage.)
  • **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  You may also visit the Physician Assistant Education Association for PA scholarship opportunities.

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. Learn more about repayment terms and interest rates on Direct Unsubsidized Loan,

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.

Payment Plan

The University offers an interest-free monthly payment plan. For more information please visit the Office of the Bursar’s website.

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.

Contact Information

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:

Tabitha Conlan
Assistant Director of Financial Aid
Financial Aid Office
400 Cedar Avenue
West Long Branch, NJ 07764
Phone: 732-263-5506
Fax: 732-923-4791
Location: Great Hall, Room 108

To learn more about the PA program requirements, please visit the program’s home page.