Financial Fact Sheet 2024-2025
Program Information
Name of Program: The Rehabilitation Institute of Michigan Sports Residency
Physical Address: 261 Mack Avenue Detroit Michigan 48201
Program Hours
Educational Hours: 340 Educational Hours
Patient-Care Clinic / Practice Hours (inclusive of mentoring): 1660
Mentoring Hours: 170 mentoring hours
Program Travel
Please indicate if participants are required to travel greater than 50 miles for any aspect of patient-care clinic/practice hours (does not include daily commute): No
Please indicate if participants are required to travel greater than 50 miles for any aspect of educational hours: No
Participant Costs
The program will provide all costs associated with this program.
| Type of Cost | Year One | Year Two | Year Three | Total |
|---|---|---|---|---|
| Fees Enter the amount of fees associated with the program (if applicable). Fees are any amount $1,000 or less. If more than $1,000, please enter that amount under tuition. ☒ Fees for this program include: ☒ CPR ☒ EMR ☒ APTA-Related Professional Membership ☒ Dues (APTA, Section/Academy) ☐ Other Professional Membership Dues ☐ Other: Indicate other fees. | $ 570 | $ 570 | $ 570 | $ 1710 |
| Tuition (if applicable) | ||||
| Curriculum Costs (not included in tuition above) | ||||
| Required textbooks, software, apps (not included in program fees) | $ 300 | $ 300 | $ 300 | |
| Application Fees (program assessed above and beyond RF-PTCAS) | ||||
| Conference Registration Fees (not included in fees above) | ||||
| Travel Costs (for program education requirements and conference attendance, if applicable) | ||||
| Parking/Mass-Transit Fees | ||||
| Mentoring Fees | ||||
| Malpractice Insurance | $ 300 | $ 300 | $ 300 | |
| Other program costs not included above: List other costs. | ||||
| Total Program Costs | $ 1170 | $ 1170 | $ 1170 | $ 3510 |
Program Sponsored Financial Assistance
The program will provide any financial assistance provided to participants./p>
| Type of Financial Assistance | Year One | Year Two | Year Three | Total |
|---|---|---|---|---|
| Salary Paid by Program | $ 54000 | $ 55000 | $ 55000 | $ 164000 |
| Student Financial Aid (for tuition fee programs only) | ||||
| Other Assistantship(s) | ||||
| Scholarships | $ 300 | $ 300 | $ 300 | |
| Travel Costs/Stipends | ||||
| Student Financial Aid (for tuition fee programs only) | ||||
| Other financial assistance not included above: List other financial assistance. | ||||
| Total Financial Assistance | $54000 | $55000 | $55000 | $164000 |
Program Information
This information can be found on the ABPTRFE Online Directory
Program Structure
Program Type: Multi-Site
Program Format: Full-Time
Program Length: 12 months
2nd Program Format: Full-Time
2nd Program Length: Enter the anticipated program start date.
Number of Participant Positions Each Calendar Year: 1
Program Applicant Information
Application Deadline Date: November 15, 2024
Program Start Date: March 3, 2025
2nd Application Deadline Date (if applicable): Enter the anticipated program start date.
Program 2nd Start Date: Enter the anticipated program start date.
3rd Application Deadline Date (if applicable): Enter the 3rd program application deadline date, if applicable
Program 3rd Start Date: Enter the 3rd program start date, if applicable.
4th Application Deadline Date (if applicable): Enter the 4th program application deadline date, if applicable
Program 4th Start Date: Enter the 4th program start date, if applicable.
Format for Educational Hours: Both in-person and remote
Affiliated Practice Site Locations: Both close proximity and distant sites
Mentor Appointment to Faculty: Mentors identified by program
Mentor Accessibility: On-site
Applicant Financial Considerations
The applicant will consider the following related to their finances.
| Participant Financial Consideration | Year One | Year Two | Year Three | Total |
|---|---|---|---|---|
| Salary Earned (input your salary, not paid by the program, if you plan to continue your employment while undergoing the program) | ||||
| License Fees | ||||
| Malpractice Insurance (not covered by program) | ||||
| Cost of Living Expenses (Forbes Cost of Living Calculator) | ||||
| Student Loan Payments (if unable to defer during program) | ||||
| Subtotal | ||||
| Loan Forgiveness (if eligible) | ||||
| Total Participant Financial Considerations |
Applicant Financial Debt Summary
The applicant will utilize the total program costs, total program financial assistance, and total participant financial consideration, along with their current debt to calculate the cost-benefit ration of completing this program.
| Debt | Total |
|---|---|
| Debt at time of admission to program (current student loan debt) | |
| Total program costs (enter amount from total costs for entire length of program located above) | |
| Total participant financial considerations (enter amount from total financial considerations for entire length of program located above) | |
| Subtotal | |
| Total program financial assistance (enter amount from total program financial assistance for entire length of program located above) | |
| Total Debt After Completion of Program |