Financial Aid

About Student Accounts

Once you send in a deposit to secure a place in the entering class, the student account division of the Office ofStudent Finance creates a student account for you. Your student account is maintained by our office. Charges for tuition and fees are applied to your student account.

student accounts

Tuition and Estimated Budget

Tuition is payable at the start of the first and second halves of the school year, in two equal installments. Half-tuition for the class entering in August 2013 is due by Monday, August 4th. Incoming first-year students must either pay their tuition or file the appropriate loan applications by August 4th, 2014, or forfeit their place in the class on that date.  

  

If accepted, international students who are not Canadian citizens must deposit with Albert Einstein College of Medicine, not later than July 15, funds to cover estimated tuition for the first two years of medical school, or forfeit their place in the class. Canadian citizens must deposit one-half of the first year's tuition on or before July 14. 

  

                                                2014-2015 Tuition and Fees

 

  

M1

M2

 M3

M4

 Tuition:  

$45,442

$45,442

$45,442

$45,442

 Health Insurance*: 

$4,898

$4,898

$4,898

$4,898

 Lab and Computer Fees: 

$2,802

$2,802

$1,525

$1,525

 Total: 

$53,142

$53,142

$51,865

$51,865

 

* Health Insurance can be waived if student provides documentation that they are otherwise covered.

 2014-2015 MD Budget

New!!! Sign up for Direct Deposit of Student Refunds via MYYU

Beginning this Fall, Albert Einstein College of Medicine will be offering direct deposit of your student refunds. If you are a current student, and would like to sign up for direct deposit you can do so by logging into your myyu account at www.yu.edu/myyu and follow the steps below:

  1. Click on “Faculty, Students, and Staff”
  2. Enter your User ID (Banner ID) and PIN
  3. Select “Account Summary By Term” and scroll to the bottom of the page
  4. Click on “Make a Payment”
  5. Select “Refunds” from the choices highlighted in gray
  6. Click on “Payment Profile”
  7. Under the “Add a Payment Method” drop down box select “Electronic Check”
  8. Enter your banking information
  9. Select “Refund Option” on the bottom of that form
  10. Save

Payment Information

Mail Payments

Checks or money orders can be mailed to Albert Einstein College of Medicine. Please note that any payments made by personal check may be held for up to 14 business days before officially clearing the account of any holds or debts. To ensure accuracy in posting the payment to the appropriate account, please make sure to include the student's name and ID number on the check. The check must be made payable to Albert Einstein College of Medicine. All checks or money orders to should be sent to: Albert Einstein College of Medicine, Attention: Office of Student Finance, 1300 Morris Park Ave., Van Etten Room 228, Bronx, NY 10461.

Monthly Payment Plan

Arrangements can be made through Tuition Management Systems (TMS) online, at www.afford.com, or by calling toll-free (800) 722-4867. Please select Yeshiva University as the school, and you will then have the option of choose Albert Einstein College of Medicine. Term based plans allow you to spread your Fall or Spring tuition payments into either 4 or 5 monthly installments for a single term. You may schedule the entire cost of Tuition & Fees less any Financial Aid with no interest or finance charge, but an enrollment fee of $65 per semester is collected by TMS when the plan is established. The Fall Semester’s first payment to TMS is due July 25, TMS will in turn send it to Yeshiva University-Albert Einstein College of Medicine where it will appear on the Student’s account the following month.

Bank Wire Transfer Information

Wire payments can be made directly from your bank to Albert Einstein College of Medicine of Yeshiva University’s account with the following information:

JPMorgan Chase
181st St. & St. Nicholas Avenue
New York, NY 10033-3201

For the account of Albert Einstein College of Medicine of Yeshiva University
Account Number: 114004498
ABA Number: 021000021
Swift Code: CHASUS33

Please note: It is crucial that the student's name and ID number are included with the wire instructions. Please review the wiring policies with your bank; there may be fees deducted from the amount of your payment.

Check Payments on the Web

Pay by Check: No-fee Internet payments can be made directly from a checking account by going to www.yu.edu/myyu. From there please click on “Faculty, Students and Staff.” You will then be directed to another page that will prompt you to enter your user ID, a nine-digit number that begins with either an “8” or a “9,” and a PIN number. After you enter these two fields, a new screen will appear where you should select “Account Summary by Term.” This will take you to your account summary and will indicate the amount owed. Scroll to the bottom of this page and find the button that reads: “Pay by Check.” Click on this button and follow the prompts to make your payment. If you experience any difficulty in making a payment through this process, please contact the office of student finance at (718) 862-1810 or visit the office at 1300 Morris Park Ave., Van Etten Room 230.

RETURNED-CHECK FEES A returned-check fee of $40 will be assessed for dishonored checks, including electronic payments.

Disbursement and Payment Due Dates 

Fall 2014 & Spring 2015

Class of 2018

Fall 2014 

Disbursement Date: Monday, August 4th, 2014

Payment Due Date: Monday, August 4th, 2014

Refund Date: Monday, August 18th, 2014

Late Fee Date: Thursday, September 18th, 2014

 

Spring 2015 

Disbursement Date: Friday, January 2nd, 2015

Payment Due Date: Friday, January 2nd, 2015

Refund Date: Friday, January 16th, 2015

Late Fee Date: Monday, February 16th, 2015

 

Class of 2017

Fall 2014 

Disbursement Date: Monday, August 4th, 2014

Payment Due Date: Monday, August 4th, 2014

Refund Date: Monday, August 18th, 2014

Late Fee Date: Thursday, September 18th, 2014

 

Spring 2015 

Disbursement Date: Friday, January 2nd, 2015

Payment Due Date:  Friday, January 2nd, 2015

Refund Date: Friday, January 16th, 2015

Late Fee Date: Monday, February, 16th, 2015

 

Class of 2016

Fall 2014 

First Disbursement: Monday, June 2nd, 2014

Payment Due Date: Monday, June 2nd, 2014

Refund Date: Monday, June 16th, 2014

Late Fee Date: Wednesday, July 16th, 2014

 

Spring 2015 

First Disbursement: Thursday, November 20th, 2014

Payment Due Date: Thursday, November 20th, 2014

Refund Date: Friday, December 5th, 2014

Late Fee Date: Monday, January 5th, 2015

 

Class of 2015

Fall 2014 

First Disbursement: Friday, May 16th, 2014

Payment Due Date: Friday, May 16th, 2014

Refund Date: Friday, May 30th, 2014

Late Fee Date: Monday, June 30th, 2014

 

Spring 2015 

First Disbursement: Monday, November 17th, 2014

Payment Due Date: Monday, November 17th, 2014

Refund Date: Tuesday, December 2nd, 2014

Late Fee Date: Friday, January 2nd, 2015

 

Refund Policies and Procedures

Overpayments on the student’s account are handled in accordance with federal laws and institutional policies. Generally, refunds go to the student automatically unless the student and/or parents give the College of Medicine written authorization to hold the excess money in the student’s account. Students are expected to observe and follow the following policies and procedures.

Policies and Procedures 

  1. Overpayments to the student's account will be issued to the student via check.
  2. After a credit balance appears on the student's account, a refund will be issued within a 14-day window. The 14-day window is a processing window.
  3. Refunds are issued at least once weekly, but may be issued more often during major holidays and other official school breaks.
  4. Refunds cannot be obtained from projected credit balances. An actual credit must be on the student's account before a refund is issued.
  5. Prior to spending student refunds, the student should confirm the accuracy of, as well as the omission of, charges on his or her student account.
  6. A financial aid recipient's refund cannot exceed the cost of attendance minus his or her charges for tuition, fees, room and board.
  7. The student is liable for any refund generated by a financial aid overaward. An overaward occurs when the total financial aid award for a student's enrollment period exceeds his or her cost of attendance/education budget. Scholarships, grants, loans, stipends, waivers and assistance from employers and state agencies each constitutes a financial aid award. Students can prevent overawards by reporting all external assistance to the office of student finance immediately. The cost of attendance/education budget is included on the student's financial aid award letter.
  8. Official enrollment for a given term is the prerequisite to receipt of a refund from financial aid funds for the same term.
  9. Refunds are issued in lump sums to one person; that is, the total current credit on the student's account at a given time will be refunded all at once.
 
 
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