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
$42,888
$42,888
Fees
$1644
$1644
Equipment (EMT, stethoscope, etc.)
$594
$594
Books
$500
$500
Direct Loan Fees
$228
$228
Subtotal
$45,854
$45,854
Living Expenses
Housing
$12,750
$2,938
Food
$6,446
$6,446
Personal Expenses
$5,270
$5,270
Transportation
$3,100
$3,100
Subtotal
$27,566
$17,754
Maximum Aid Limit
$73,420
$63,608
Educational Expenses
Living Off Campus
Living w/ Parents
Tuition
$87,150
$87,150
Fees
$1,644
$1,644
Equipment (EMT, stethoscope, etc.)
$594
$594
Books and Supplies
$500
$500
Direct Loan Fees
$228
$228
Subtotal
$90,116
$90,116
Living Expenses
Housing
$12,750
$2,938
Food
$6,446
$6,446
Personal Expenses
$5,270
$5,270
Transportation
$3,100
$3,100
Subtotal
$27,566
$17,754
Maximum Aid Limit
$117,682
$107,870
Educational Expenses
Living Off Campus
Living w/ Parents
Tuition
$52,254
$52,254
Fees
$1,644
$1,644
Equipment (EMT, stethoscope, etc.)
$594
$594
Books and Supplies
$500
$500
Direct Loan Fees
$228
$228
Subtotal
$55,220
$55,220
Living Expenses
Housing
$12,750
$2,938
Food
$6,446
$6,446
Personal Expenses
$5,270
$5,270
Transportation
$3,100
$3,100
Subtotal
$27,566
$17,754
Maximum Aid Limit
$82,786
$72,974
Second Year (M2)
Educational Expenses
Living Off Campus
Living w/ Parents
Tuition
$42,888
$42,888
Fees
$644
$644
USMLE Fees
$660
$660
Books and Supplies
$200
$200
Direct Loan Fees
$228
$228
Subtotal
$44,620
$44,620
Living Expenses
Housing
$12,750
$2,938
Food
$6,446
$6,446
Personal Expenses
$5,270
$5,270
Transportation
$3,086
$3,086
Subtotal
$27,552
$17,740
Maximum Aid Limit
$72,172
$62,360
Educational Expenses
Living Off Campus
Living w/ Parents
Tuition
$87,150
$87,150
Fees
$644
$644
USMLE Fees
$660
$660
Books and Supplies
$200
$200
Direct Loan Fees
$228
$228
Subtotal
$88,882
$88,882
Living Expenses
Housing
$12,750
$2,938
Food
$6,446
$6,446
Personal Expenses
$5,270
$5,270
Transportation
$3,086
$3,086
Subtotal
$27,552
$17,740
Maximum Aid Limit
$116,434
$106,622
Educational Expenses
Living Off Campus
Living w/ Parents
Tuition
$52,174
$52,174
Fees
$644
$644
USMLE
$660
$660
Books and Supplies
$200
$200
Direct Loan Fees
$228
$228
Subtotal
$53,906
$53,906
Living Expenses
Housing
$12,750
$2,938
Food
$6,446
$6,446
Personal Expenses
$5,270
$5,270
Transportation
$3,086
$3,086
Subtotal
$27,552
$17,740
Maximum Aid Limit
$81,458
$71,646
Third Year (M3)
Educational Expenses
Living Off Campus
Living w/ Parents
Tuition
$42,888
$42,888
Fees
$644
$644
USMLE Fees
$660
$660
Books and Supplies
$250
$250
Direct Loan Fees
$228
$228
Subtotal
$44,670
$44,670
Living Expenses
Housing
$13,908
$3,204
Food
$7,032
$7,032
Personal Expenses
$5,748
$5,748
Transportation
$5,860
$5,860
Subtotal
$32,548
$21,844
Maximum Aid Limit
$77,218
$66,514
Educational Expenses
Living Off Campus
Living w/ Parents
Tuition
$87,150
$87,150
Fees
$644
$644
USMLE Fees
$660
$660
Books and Supplies
$250
$250
Direct Loan Fees
$228
$228
Subtotal
$88,932
$88,932
Living Expenses
Housing
$13,908
$3,204
Food
$7,032
$7,032
Personal Expenses
$5,748
$5,748
Transportation
$5,860
$5,860
Subtotal
$32,548
$21,844
Maximum Aid Limit
$121,480
$110,776
Educational Expenses
Living Off Campus
Living w/ Parents
Tuition
$52,174
$52,174
Fees
$644
$644
USMLE
$660
$660
Books and Supplies
$250
$250
Direct Loan Fees
$228
$228
Subtotal
$53,956
$53,956
Living Expenses
Housing
$13,908
$3,204
Food
$7,032
$7,032
Personal Expenses
$5,748
$5,748
Transportation
$5,860
$5,860
Smart Phone
$200
$200
Subtotal
$32,548
$21,844
Maximum Aid Limit
$86,504
$75,800
Fourth Year (M4)
Educational Expenses
Living Off Campus
Living w/ Parents
Tuition
$42,888
$42,888
Fees
$644
$644
Application Fees
$479
$479
Books and Supplies
$336
$336
Direct Loan Fees
$228
$228
Subtotal
$44,575
$44,575
Living Expenses
Housing
$11,590
$2,670
Food
$5,860
$5,860
Personal Expenses
$4,790
$4,790
Transportation
$3,744
$3,744
Subtotal
$25,984
$17,064
Maximum Aid Limit
$70,559
$61,639
Educational Expenses
Living Off Campus
Living w/ Parents
Tuition
$87,150
$87,150
Fees
$644
$644
USMLE Fees
$479
$479
Books and Supplies
$336
$336
Direct Loan Fees
$228
$228
Subtotal
$88,837
$88,837
Living Expenses
Housing
$11,590
$2,670
Food
$5,860
$5,860
Personal Expenses
$4,790
$4,790
Transportation
$3,744
$3,744
Subtotal
$25,984
$17,064
Maximum Aid Limit
$114,821
$105,901
Educational Expenses
Living Off Campus
Living w/ Parents
Tuition
$52,174
$52,174
Fees
$644
$644
USMLE
$479
$479
Books and Supplies
$336
$336
Direct Loan Fees
$228
$228
Subtotal
$53,861
$53,861
Living Expenses
Housing
$11,590
$2,670
Food
$5,860
$5,860
Personal Expenses
$4,790
$4,790
Transportation
$3,744
$3,744
Subtotal
$25,984
$17,064
Maximum Aid Limit
$79,845
$70,925
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