A High Return on Your Investment

Tuition & Financing

PrepMD Training Program

PrepMD is recognized as a private occupational school, and our program is approved and regulated by Division of Professional Licensure (DPL), Massachusetts.

Our tuition-based program not just trains but also actively places the participants in highly rewarding medical device specialist jobs.

Our unmatched industry connections, technologically advanced facilities, and clinical partnerships mean you have the best possible opportunity to prepare yourself for a future in the medical device industry.  Our track record proves it: we’ve achieved a 94% job placement rate for our graduates, and we’ve placed our graduates with multibillion dollar medical device giants and world-renowned healthcare facilities.

Tuition & Fees

  • The total cost for a six-month PrepMD Training Program (Winter, Spring, or Fall) is $31,495 and is comprised of the following components:
    • Program Cost: $30,000
    • Non-refundable Books, iPad and Software License Fees: $650
    • Non-refundable Clinical Rotation Fee: $700
    • Non-refundable Dosimeter Badges & Reading Fees: $20
    • Non-refundable Background Check Fee: $75
    • Non-refundable Administrative Fee: $50
  • A deposit of $2,500 will be required on or before the date indicated on the acceptance letter to reserve a spot.
  • Full payment towards the total program cost is due on the date indicated on the students formal acceptance letter.

Refund Policy

If a student withdraws or is dismissed from the program for any reason, the refund to the student will be as outlined in the refund policy. Click here to review PrepMD’s refund policy.

Financing Available Through Meritize Financial

Meritize, along with LBCU, offers loans to accepted applicants to one of our PrepMD sessions. Students are able to finance up to $40,250, covering the total cost of attending the program which includes tuition & fees and maximum expected living expenses.

Meritize offers student loans that look beyond FICO credit scores and use individual academic history to enhance credit evaluation and improve loan options. Even if your credit isn’t great or you don’t have a cosigner, a Meritize loan may be within your reach. If you do have a cosigner, that helps you even more. As you successfully repay your loan, you’ll be building your credit.

A Meritize Loan Offers…

  • Use your transcript to enhance your credit and improve your loan options
  • Fund the full cost of attendance, including living expenses, on your own merit
  • Choose affordable fixed or variable rates
  • Select the repayment option that works best for you while you attend school – making full payments, making interest-only payments, or making no payments until 3 months after graduation
  • Repay your loan over 3, 5, or 10 years
  • Avoid prepayment penalty fees if you choose to pay your loan off early
  • Get access to Meritize Career Success Services for job and career support

Current Meritize Rates:
Fixed Rates: 5.2% – 15.2%*
Variable Rates: 4.2% – 14.45%*

To learn more about fixed-rate and variable-rate loans, visit www.meritize.com or apply directly at www.apply.meritize.com

*Rates subject to change. Variable rates are indexed to 1-month LIBOR and reset quarterly.

Housing & Other Expenses

Additional expenses the students need to consider include housing, meal expenses, personal health and insurance on the cars. PrepMD students come from around the country, so housing arrangements have been researched and a list will be provided as options for consideration. There are apartments and condominiums available with short-term leases (monthly), and timelines can be negotiated to match the needs of the student. These units are within 2 miles of the PrepMD training facility, and offer a variety of living configurations for students to consider.


Apply Today

Want a career that’s rewarding, exciting, and improves lives? Train for a medical device specialist career with the program that’s embedded in the industry—Apply to PrepMD!