2014-15 Medical Student Budget (Twin Cities)

Year 1
(10.5 months[a])
Resident Non-resident
Fall/Spring Summer Fall/Spring Summer
Tuition $25,248 $12,624 $33,178 $16,589
Estimated Average Fees[b] 1,564 190 1,564 190
Books & Supplies 1,400 700 1,400 700
Room & Board[c] 10,926 2,732 10,926 2,732
Transportation 2,000 500 2,000 500
Disability Insurance[d] 86 0 86 0
Loan Fees 450 323 450 323
Personal/Miscellaneous      2,000         500      2,000         500
Total:

$43,674 $17,569 $51,604 $21,534
Year 2 Resident Non-resident
Fall/Spring Summer Fall/Spring Summer
Tuition $25,248 $12,624 $33,178 $16,589
Estimated Average Fees[b] 1,564 190 1,564 190
Books & Supplies 1,400 516 1,400 516
Room & Board[c] 10,926 5,463 10,926 5,463
Transportation 2,000 1,300 2,000 1,300
Disability Insurance[d] 86 0 86 0
Loan Fees 450 323 450 323
Personal/Miscellaneous     2,000      1,000      2,000       1,000
Total:

$43,674 $21,416 $51,604 $25,381
Year 3 Resident Non-resident
Fall/Spring Summer Fall/Spring Summer
Tuition $24,752 $12,376 $32,526 $16,263
Estimated Average Fees[b] 1,564 190 1,564 190
Books & Supplies 1,032 516 1,032 516
Room & Board[c] 10,926 5,463 10,926 5,463
Transportation 2,600 1,300 2,600 1,300
Disability Insurance[d] 86 0 86 0
Loan Fees 450 323 450 323
Personal/Miscellaneous      2,000      1,000      2,000      1,000
Total:

$43,410 $21,168 $51,184 $25,055
Year 4 Resident Non-resident
Fall/Spring   Fall/Spring  
Tuition (incl. $683 University Fee) $23,800   $30,978  
Estimated Average Fees[b] 1,564   1,564  
Books & Supplies 1,032   1,032  
Room & Board[c] 10,926   10,926  
Transportation 2,600   2,600  
Disability Insurance[d] 86   86  
Loan Fees 450   450  
Personal/Miscellaneous      2,000        2,000  
Total:

$42,458   $49,636  
[a] Student is responsible for living costs for July and August.
[b] Estimated Average Fees include $418 Student Services Fee, $250 Collegiate Fee, and $114 Misc. Fees for Fall and Spring semesters.  Fees are less in Summer semester.
[c] Room & Board figures for students living off campus, not with parents. Will be reduced for living with parents or on campus.
[d] Student Health Insurance of $1049 per Fall and Spring semesters is not included in cost of attendance as 60% of MED students have the fee waived.

Not sure if you meet the requirements of a Minnesota Resident?
Please contact Kay Anderson (612-625-6330) in the University Admissions Office.

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