How does opting out of Health insurance affect my Cost of Attendance?

[Adem Jashari]

So for my first two years of med school, I do not need to purchase the school's health insurance because I am covered under my parent's insurance. Does this mean that if I take out the full COA I will get the money that would have gone towards my Health Insurance or do they subtract it from my COA which means I have a lower COA? For example, if the COA was 100k and health insurance was 3k, can I still take out 100k or does my COA drop to 97k?

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[WIMNFamilyMed]

Since it's through the school, I think you only get loans for it if you are registered for it. You'd have to ask to confirm, but I think 99% of school-based health insurance programs would work this way. For undergrad at my school it does, but that's different because those loans don't alwyas cover full COA.

 

[deleted480308]

My school never checked what we did with any of the money. You were eligible for "x" and you decided how much of that you wanted.