Twin Cities Student Budget

Twin Cities

2022-23 Medical Student Budget

Year 1
(10 months +)		 Resident Non-resident
Fall/Spring Summer Fall/Spring Summer
Tuition $27,946 $13,973 $41,390 $20,695
Estimated Average Fees * $1,988 $274 $1,988 $274
Books and Supplies $1,000 $500 $1,000 $500
Room and Board ** $14,770 $3,693 $14,770 $3,693
Transportation $3,800 $950 $3,800 $950
Loan Fees $608 $337 $608 $337
Personal/Miscellaneous $3,136 $784 $3,136 $784
Total: $53,248 $20,511 $66,692 $27,233
Year 2 Resident Non-resident
Fall/Spring Summer Fall/Spring Summer
Tuition  $27,330  $13,665 $39,990  $19,995
Estimated Average Fees * $1,622 $274 $1,622 $274
Books and Supplies $1,000 $500 $1,000 $500
Room and Board ** $14,770 $7,385 $14,770 $7,385
Transportation $3,800 $1,900 $3,800 $1,900
Loan Fees $608 $337 $608 $337
Personal/Miscellaneous $3,136 $1,568 $3,136 $1,568
Total: $52,266  $25,629  $64,926 $31,959
Year 3 Resident Non-resident
Fall/Spring Summer Fall/Spring Summer
Tuition $26,794  $13,397 $38,452 $19,226
Estimated Average Fees * $1,622 $274 $1,622 $274
Books and Supplies $1,000 $500 $1,000 $500
Room and Board ** $14,770 $7,385 $14,770 $7,385
Transportation $3,800 $1,900 $3,800 $1,900
Loan Fees $608 $337 $608 $337
Personal/Miscellaneous $3,136 $1,568 $3,136 $1,568
Total: $51,730 $25,361 $63,388 $31,190
Year 4 Resident Non-resident
Fall/Spring Summer Fall/Spring Summer
Tuition  $26,268   $37,698  
Estimated Average Fees * $1,622   $1,622  
Books and Supplies $1,000   $1,000  
Room and Board ** $14,770   $14,770  
Transportation $3,800   $3,800  
Loan Fees $608   $608  
Personal/Miscellaneous $3,136   $3,136  
Total: $51,204   $62,634  

+ Student is responsible for living costs for July and August.
* Estimated Average Fees include $481 Student Services Fee, $110 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 $1,264/month and equivalent unlimited campus meal plan ($582.25/month). Room & Board ($1,846.25/mo.) and Personal/Misc. ($392/mo.) based on 8 mos. Fall & Spring semesters and 4 mos. Summer MS2 & MS3; and 2 mos. Summer MS1.
*** Student Health Insurance of $1,734 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.