Twin Cities Student Budget
2023-2024
University of Minnesota Medical Student Budget
Resident
 | Year 1 (10 months +) | Year 2 | ||
Fall/Spring | Summer | Fall/Spring | Summer | |
Tuition & Est Average Fees* | $30,404 | $14,565 | $29,626 | $14,251 |
Books, Course Materials, Supplies, & Equipment | $1,500 | $250 | $500 | $250 |
Food & Housing** | $15,200 | $3,800 | $15,200 | $7,600 |
Transportation | $4,000 | $1,000 | $4,000 | $2,000 |
Loan Fees | $672 | $388 | $672 | $388 |
Professional License/Exam | $350 | $0 | $1,010 | $0 |
Personal/ Miscellaneous | $3,376 | $844 | $3,376 | $1,688 |
Total: | $55,502 | $20,847 | $54,384 | $26,177 |
 | Year 3 | Year 4 | ||
Fall/Spring | Summer | Fall/Spring | ||
Tuition & Est Average Fees* |  $29,010 |  $13,943 | $28,474 | |
Books, Course Materials, Supplies, & Equipment | $500 | $250 | $500 | |
Food & Housing** | $15,200 | $7,600 | $15,200 | |
Transportation | $4,000 | $2,000 | $4,000 | |
Loan Fees | $672 | $388 | $672 | |
Professional License/Exam | $660 | $0 | $1,500 | |
Personal/ Miscellaneous | $3,376 | $1,688 | $3,376 | |
Total: | $53,418 | Â $25,869 | Â $53,722 | |
+ Student is responsible for living costs for July and August. |
2023-2024
University of Minnesota Medical Student Budget
Non-resident
 | Year 1 (10 months +) | Year 2 | ||
Fall/Spring | Summer | Fall/Spring | Summer | |
Tuition & Est Average Fees* | $44,668 | $21,697 | $43,070 | $20,973 |
Books, Course Materials, Supplies, & Equipment | $1,500 | $250 | $500 | $250 |
Food & Housing** | $15,200 | $3,800 | $15,200 | $7,600 |
Transportation | $4,000 | $1,000 | $4,000 | $2,000 |
Loan Fees | $672 | $388 | $672 | $388 |
Professional License/Exam | $350 | $0 | $1,010 | $0 |
Personal/ Miscellaneous | $3,376 | $844 | $3,376 | $1,688 |
Total: | $69,766 | $27,979 | $67,828 | $32,899 |
 | Year 3 | Year 4 | ||
Fall/Spring | Summer | Fall/Spring | ||
Tuition & Est Average Fees* | $41,670 | $20,273 | $40,132 | |
Books, Course Materials, Supplies, & Equipment | $500 | $250 | $500 | |
Food & Housing** | $15,200 | $7,600 | $15,200 | |
Transportation | $4,000 | $2,000 | $4,000 | |
Loan Fees | $672 | $388 | $672 | |
Professional License/Exam | $660 | $0 | $1,500 | |
Personal/ Miscellaneous | $3,376 | $1,688 | $3,376 | |
Total: | $66,078 | $32,199 | $65,380 | |
+ Student is responsible for living costs for July and August. * Estimated Average Fees include $508 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. ** 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 $1,311/month and equivalent unlimited campus meal plan ($589/month). Food & Housing ($1900/mo.) and Personal/Misc. ($422/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. |
Note: Students from Canada and other countries are considered non-residents. Learn more from the Office of Admissions website.Â