Twin Cities Student Budget
2024-2025
University of Minnesota Medical Student Budget
Resident
| Year 1 (10 months +) | Year 2 | |||
| Fall/Spring | Summer | Fall/Spring | Summer | |
| Tuition & Est Average Fees* | $31,630 | $15,094 | $30,300 | $14,529 |
| Books, Course Materials, Supplies, & Equipment | $1,500 | $250 | $500 | $250 |
| Food & Housing** | $16,984 | $4,246 | $16,984 | $8,492 |
| Transportation | $4,300 | $1,075 | $4,300 | $2,150 |
| Loan Fees | $740 | $400 | $740 | $400 |
| Professional License/Exam | $0 | $0 | $1,020 | $0 |
| Personal/ Miscellaneous | $3,552 | $888 | $3,552 | $1,776 |
| Total: | $58,706 | $21,953 | $57,396 | $27,597 |
| Year 3 | Year 4 | |||
| Fall/Spring | Summer | Fall/Spring | ||
| Tuition & Est Average Fees* | $29,672 | $14,215 | $29,056 | |
| Books, Course Materials, Supplies, & Equipment | $500 | $250 | $500 | |
| Food & Housing** | $16,984 | $8,492 | $16,984 | |
| Transportation | $4,300 | $2,150 | $4,300 | |
| Loan Fees | $740 | $400 | $740 | |
| Professional License/Exam | $1,020 | $0 | $700 | |
| Personal/ Miscellaneous | $3,552 | $1,776 | $3,552 | |
| Total: | $56,768 | $27,283 | $55,832 | |
| + Student is responsible for living costs for July and August. * Estimated Average Fees include $524 Student Services Fee, $115 Collegiate Fee, one-time Academic Records Fee for Year 1 students, Disability Insurance ($51), and Misc. Fees [plus any required MS1 or MS2 Course Fees] for Fall and Spring semesters. Fees are less in Summer semester. ** Food & Housing figures for students living off campus, not with parents. May be reduced for living with parents or on campus. Food & Housing based on off-campus: 1 bed/1 bath average rent of $1,492/month and equivalent unlimited campus meal plan ($631/month). Food & Housing ($2,123/mo.) and Personal/Misc. ($444/mo.) based on 8 mos. Fall & Spring semesters and 4 mos. Summer MS2 & MS3; and 2 mos. Summer MS1. *** Student Health Insurance of $1,795 per Fall and Spring semesters is not included in cost of attendance as 60% of MED students have the fee waived. |
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2024-2025
University of Minnesota Medical Student Budget
Non-resident
| Year 1 (10 months +) | Year 2 | |||
| Fall/Spring | Summer | Fall/Spring | Summer | |
| Tuition & Est Average Fees* | $46,906 | $22,732 | $44,564 | $21,661 |
| Books, Course Materials, Supplies, & Equipment | $1,500 | $250 | $500 | $250 |
| Food & Housing** | $16,984 | $4,246 | $16,984 | $8,492 |
| Transportation | $4,300 | $1,075 | $4,300 | $2,150 |
| Loan Fees | $740 | $400 | $740 | $400 |
| Professional License/Exam | $0 | $0 | $1,020 | $0 |
| Personal/ Miscellaneous | $3,552 | $888 | $3,552 | $1,776 |
| Total: | $73,982 | $29,591 | $71,660 | $34,729 |
| Year 3 | Year 4 | |||
| Fall/Spring | Summer | Fall/Spring | ||
| Tuition & Est Average Fees* | $43,116 | $20,937 | $41,716 | |
| Books, Course Materials, Supplies, & Equipment | $500 | $250 | $500 | |
| Food & Housing** | $16,984 | $8,492 | $16,984 | |
| Transportation | $4,300 | $2,150 | $4,300 | |
| Loan Fees | $740 | $400 | $740 | |
| Professional License/Exam | $1,020 | $0 | $700 | |
| Personal/ Miscellaneous | $3,552 | $1,776 | $3,552 | |
| Total: | $70,212 | $34,005 | $68,492 | |
| + Student is responsible for living costs for July and August. * Estimated Average Fees include $524 Student Services Fee, $115 Collegiate Fee, one-time Academic Records Fee for Year 1 students, Disability Insurance ($51), and Misc. Fees [plus any required MS1 or MS2 Course Fees] for Fall and Spring semesters. Fees are less in Summer semester. ** Food & Housing figures for students living off campus, not with parents. May be reduced for living with parents or on campus. Food & Housing based on off-campus: 1 bed/1 bath average rent of $1,492/month and equivalent unlimited campus meal plan ($631/month). Food & Housing ($2,123/mo.) and Personal/Misc. ($444/mo.) based on 8 mos. Fall & Spring semesters and 4 mos. Summer MS2 & MS3; and 2 mos. Summer MS1. *** Student Health Insurance of $1,795 per Fall and Spring semesters is not included in cost of attendance as 60% of MED students have the fee waived. |
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Note: Students from Canada and other countries are considered non-residents. Learn more from the Office of Admissions website.