Medical student education: what it costs and how it is funded
The cost to Sydney University to educate a medical student in 2010 was obtained by dividing the total teaching costs by the number of students. This showed the annual cost to educate one medical student was $53 093. Sixty‐one per cent comprised salaries. Fifty‐three per cent is met by Commonwealth funding and the Higher Education Loan Programme. Fees from international medical students contributed a margin of only 2% towards total education costs. The shortfall of 45% is provided from other sources within the university. This cross‐subsidisation may not be sustainable.
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Document Type: Research Article
Publication date: October 1, 2012