Twin Cities Student Budget

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 2014-15 Medical Student Budget (Twin Cities)

Year 1
(10.5 months[a])
Resident Non-resident
Fall/Spring Summer Fall/Spring Summer
Tuition $25,248 $12,624 $33,178 $16,589
Estimated Average Fees[b] 1,564 190 1,564 190
Books and Supplies 1,400 700 1,400 700
Room and Board[c] 10,926 2,732 10,926 2,732
Transportation 2,000 500 2,000 500
Disability Insurance[d] 86 0 86 0
Loan Fees 450 323 450 323
Personal/Miscellaneous 2,000 500 2,000 500
Total: $43,674 $17,569 $51,604 $21,534
Year 2 Resident Non-resident
Fall/Spring Summer Fall/Spring Summer
Tuition  $25,248  $12,624  $33,178  $16,589
Estimated Average Fees[b]  1,564  190  1,564  190
Books and Supplies  1,400  516  1,400  516
Room and Board[c]  10,926  5,463  10,926  5,463
Transportation  2,000  1,300  2,000  1,300
Disability Insurance[d]  86  0  86  0
Loan Fees  450  323  450  323
Personal/Miscellaneous  2,000  1,000  2,000  1,000
Total:  $43,674  $21,416  $51,604  $25,381
Year 3 Resident Non-resident
Fall/Spring Summer Fall/Spring Summer
Tuition  $24,752  $12,376  $32,526  $16,263
Estimated Average Fees[b]  1,564  190  1,564  190
Books and Supplies  1,032  516  1,032  516
Room and Board[c]  10,926  5,463  10,926  5,463
Transportation  2,600  1,300 2,600   1,300
Disability Insurance[d]  86  0   86  0
Loan Fees  450  323  450 323 
Personal/Miscellaneous  2,000  1,000  2,000  1,000
Total:  $43,410  $21,168  $51,184  $25,055
Year 4 Resident Non-resident
Fall/Spring Summer Fall/Spring Summer
Tuition (incl. $683 University Fee)  $23,800    $30,978  
Estimated Average Fees[b]  1,564    1,564  
Books and Supplies  1,032    1,032  
Room and Board[c]  10,926    10,926  
Transportation  2,600    2,600  
Disability Insurance[d]  86    86  
Loan Fees  450   450   
Personal/Miscellaneous  2,000    2,000  
Total:  $42,458    $49,636  

[a] Student is responsible for living costs for July and August.
[b] Estimated Average Fees include $418 Student Services Fee, $250 Collegiate Fee, and $114 Misc. Fees for Fall and Spring semesters. Fees are less in Summer semester.
[c] Room and Board figures for students living off campus, not with parents. Will be reduced for living with parents or on campus.
[d] Student Health Insurance of $1049 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 given reciprocity. Students from Canada and other countries are considered non-residents. Learn more from the Office of Admissions website.