Twin Cities Student Budget

Twin Cities

2021-22 Medical Student Budget

Year 1
(10 months +)
Resident Non-resident
Fall/Spring Summer Fall/Spring Summer
Tuition $27,330 $13,665 $39,990 $19,995
Estimated Average Fees * $1,794 $238 $1,794 $238
Books and Supplies $1,000 $500 $1,000 $500
Room and Board ** $14,064 $3,516 $14,064 $3,516
Transportation $2,000 $500 $2,000 $500
Loan Fees $562 $331 $562 $331
Personal/Miscellaneous $2,912 $728 $2,912 $728
Total: $49,662 $19,478 $62,322 $25,808
Year 2 Resident Non-resident
Fall/Spring Summer Fall/Spring Summer
Tuition  $26,794  $13,397  $38,452  $19,226
Estimated Average Fees * $1,608 $228 $1,608 $228
Books and Supplies $1,000 $500 $1,000 $500
Room and Board ** $14,064 $7,032 $14,064 $7,032
Transportation $2,000 $1,300 $2,000 $1,300
Loan Fees $562 $331 $562 $331
Personal/Miscellaneous $2,912 $1,456 $2,912 $1,456
Total: $48,940  $24,244  $60,598 $30,073
Year 3 Resident Non-resident
Fall/Spring Summer Fall/Spring Summer
Tuition  $26,268  $13,134 $37,698 $18,849
Estimated Average Fees * $1,528 $228 $1,528 $228
Books and Supplies $1,000 $500 $1,000 $500
Room and Board ** $14,064 $7,032 $14,064 $7,032
Transportation $2,600 $1,300 $2,600 $1,300
Loan Fees $562 $331 $562 $331
Personal/Miscellaneous $2,912 $1,456 $2,912 $1,456
Total: $48,934  $23,981 $60,364 $29,696
Year 4 Resident Non-resident
Fall/Spring Summer Fall/Spring Summer
Tuition  $25,752   $36,958  
Estimated Average Fees * $1,528   $1,528  
Books and Supplies $1,000   $1,000  
Room and Board ** $14,064   $14,064  
Transportation $2,600   $2,600  
Loan Fees $562   $562  
Personal/Miscellaneous $2,912   $2,912  
Total: $48,418   $59,624  

+ Student is responsible for living costs for July and August.
* Estimated Average Fees include $459 Student Services Fee, $130 Collegiate Fee, one-time Academic Records Fee for Year 1 students, Disability Insurance, and Misc. Fees [plus any required MS1 or MS2 Course Fees] for Fall and Spring semesters. Fees are less in Summer semester.
** Room & Board figures for students living off campus, not with parents. May be reduced for living with parents or on campus. Room & Board based on: 1 bed/1 bath average rent of $1,218/month and equivalent unlimited campus meal plan ($540/month). Room & Board ($1,758/mo.) and Personal/Misc. ($364/mo.) based on 8 mos. Fall & Spring semesters and 4 mos. Summer MS2 & MS3; and 2 mos. Summer MS1.
*** Student Health Insurance of $1,398 per Fall and Spring semesters is not included in cost of attendance as 60% of MED students have the fee waived.

Note: Medical students from South Dakota are able to apply for tuition reciprocity. Students from Canada and other countries are considered non-residents. Learn more from the Office of Admissions website.

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