Costs & Budgeting

The Medical School guarantees a fixed tuition rate, so you know exactly how much your medical degree will cost and can plan for your financial future.

For all new entering students, tuition rates are fixed and guaranteed for all four years of medical school through an innovative cost-of-degree tuition policy.

Tuition is determined in June for the Year 1 entering class, and remains set until completion of the M.D. degree.

What you can expect to pay

A guaranteed tuition rate for all 11 semesters. Rather than charging per number of credits, we charge a fixed rate: currently, $14,287/semester for residents and $21,419/semester for non-residents.

University, college, and student fees are treated as a separate component and are not fixed. Fees are listed on the Twin Cities budget table and the Duluth budget table.

Total budget

Our financial aid programs are designed to help you cover your medical school expenses and live comfortably.

To do this, we use a predetermined, standard student education budget. Only the single student cost of attendance is used.

Federal financial aid resources are intended to cover the expenses of an individual student's educational expenses only and should not be depended upon to support a household.


Budget table

Tuition, fees, and estimated cost-of-living expenses

Twin Cities

Budget table

Tuition, fees, and estimated cost-of-living expenses


Adjustments to the student budget can be made on an individual basis to cover such items as child care, University-sponsored student health insurance, disability-related costs, and in some cases, certain out-of-pocket medical expenses.

Proper documentation is required. For more information about budget adjustments, contact a Medical School financial aid counselor.

Medical School Financial Aid Office – Twin Cities campus


8:00 a.m. to 4:30 p.m.

More ways to contact us

Medical School Financial Aid Office – Duluth campus


173 SMed
Monday-Thursday: 8:00 a.m. to 3:00 p.m.
Friday: 8:00 am to noon

More ways to contact us