Explore the costs you’ll need to consider when building your medical school budget.
The figures used here reflect the current year and can provide a baseline of expected
costs for upcoming academic years.
First Year (M1)
Educational Expenses
Living Off Campus
Living w/ Parents
Tuition and Fees
$44, 612
$44,612
Equipment (EMT, stethoscope, etc.)
$350
$350
Books
$500
$500
Direct Loan Fees
$224
$224
Subtotal
$45,686
$45,686
Living Expenses
Housing
$11,040
$2,540
Food
$4,100
$4,100
Personal Expenses
$4040
$4040
Transportation
$2,471
$2,471
Subtotal
$21,651
$13,151
Maximum Aid Limit
$67,337
$58,837
Educational Expenses
Living Off Campus
Living w/ Parents
Tuition and Fees
$88,874
$88,874
Equipment (EMT, stethoscope, etc.)
$350
$350
Books
$500
$500
Direct Loan Fees
$224
$224
Subtotal
$89,948
$45,686
Living Expenses
Housing
$11,040
$2,540
Food
$4,100
$4,100
Personal Expenses
$4,040
$4,040
Transportation
$2,471
$2,471
Subtotal
$21,651
$13,151
Maximum Aid Limit
$111,599
$103,099
Educational Expenses
Living Off Campus
Living w/ Parents
Tuition and Fees
$53,898
$53,898
Books
$500
$500
Direct Loan Fees
$224
$224
Subtotal
$56,622
$56,622
Living Expenses
Housing
$11,040
$2,540
Food
$4,100
$4,100
Personal Expenses
$4,040
$4,040
Transportation
$2,471
$2,471
Subtotal
$21,651
$13,151
Maximum Aid Limit
$76,273
$67,773
Second Year (M2)
Educational Expenses
Living Off Campus
Living w/ Parents
Tuition and Fees
$43,532
$43,532
USMLE Fees
$645
$645
Books
$750
$750
Direct Loan Fees
$224
$224
Subtotal
$45,151
$45,151
Living Expenses
Housing
$12,144
$2,794
Food
$4,510
$4,510
Personal Expenses
$4,444
$4,444
Transportation
$2,711
$2,711
Subtotal
$22,809
$14,459
Maximum Aid Limit
$68,960
$59,610
Educational Expenses
Living Off Campus
Living w/ Parents
Tuition and Fees
$87,794
$87,794
USMLE Fees
$645
$645
Books
$750
$750
Direct Loan Fees
$224
$224
Subtotal
$89,413
$89,413
Living Expenses
Housing
$12,144
$2,794
Food
$4,510
$4,510
Personal Expenses
$4,444
$4,444
Transportation
$2,711
$2,711
Subtotal
$22,138
$14,459
Maximum Aid Limit
$111,556
$103,872
Educational Expenses
Living Off Campus
Living w/ Parents
Tuition and Fees
$52,818
$52,818
USMLE
$645
$645
Books
$750
$750
Direct Loan Fees
$224
$224
Subtotal
$54,437
$54,437
Living Expenses
Housing
$12,144
$2,794
Food
$4,510
$4,510
Personal Expenses
$4,444
$4,444
Transportation
$2,711
$2,711
Subtotal
$23,809
$14,459
Maximum Aid Limit
$78,246
$68,896
Third Year (M3)
Educational Expenses
Living Off Campus
Living w/ Parents
Tuition and Fees
$43,532
$43,532
USMLE Fees
$645
$645
Books
$0
$0
Direct Loan Fees
$224
$224
Subtotal
$44,401
$44,401
Living Expenses
Housing
$13,248
$3,048
Food
$4,920
$4,920
Personal Expenses
$4,848
$4,848
Transportation
$3,380
$3,380
Subtotal
$26,396
$16,196
Maximum Aid Limit
$70,797
$60,597
Educational Expenses
Living Off Campus
Living w/ Parents
Tuition and Fees
$87,794
$87,794
USMLE Fees
$645
$645
Books
$0
$0
Direct Loan Fees
$224
$224
Subtotal
$88,663
$88,663
Living Expenses
Housing
$13,248
$3,048
Food
$4,920
$4,920
Personal Expenses
$4,848
$4,848
Transportation
$3,380
$3,380
Subtotal
$26,396
$16,196
Maximum Aid Limit
$115,059
$104,859
Educational Expenses
Living Off Campus
Living w/ Parents
Tuition and Fees
$52,818
$52,818
USMLE
$645
$645
Books
$0
$0
Direct Loan Fees
$224
$224
Subtotal
$53,687
$53,687
Living Expenses
Housing
$13,248
$3,048
Food
$4,920
$4,920
Personal Expenses
$4,848
$4,848
Transportation
$3,380
$3,380
Smart Phone
$200
$200
Subtotal
$26,396
$16,196
Maximum Aid Limit
$80,083
$69,883
Fourth Year (M4)
Educational Expenses
Living Off Campus
Living w/ Parents
Tuition and Fees
$43,532
$43,532
Application Fees
$479
$479
Books
$0
$0
Direct Loan Fees
$224
$224
Subtotal
$44,235
$44,235
Living Expenses
Housing
$11,040
$2,540
Food
$4,100
$4,100
Personal Expenses
$4,040
$4,040
Transportation
$2,700
$2,700
Subtotal
$21,880
$13,380
Maximum Aid Limit
$66,115
$57,615
Educational Expenses
Living Off Campus
Living w/ Parents
Tuition and Fees
$87,794
$87,794
USMLE Fees
$479
$479
Books
$0
$0
Direct Loan Fees
$224
$224
Subtotal
$88,497
$88,497
Living Expenses
Housing
$11,040
$2,540
Food
$4,100
$4,100
Personal Expenses
$4,040
$4,040
Transportation
$2,700
$2,700
Subtotal
$21,880
$13,380
Maximum Aid Limit
$110,377
$101,877
Educational Expenses
Living Off Campus
Living w/ Parents
Tuition and Fees
$52,818
$52,818
USMLE
$479
$479
Books
$0
$0
Direct Loan Fees
$224
$224
Subtotal
$53,521
$53,521
Living Expenses
Housing
$11,040
$2,540
Food
$4,100
$4,100
Personal Expenses
$4,040
$4,040
Transportation
$2,700
$2,700
Subtotal
$21,880
$13,380
Maximum Aid Limit
$75,401
$66,901
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