Our Guideline Budget represents estimated expenses for students in each of the four years of medical school at U-M.
These budgets illustrate a modest but adequate cost of living for most students.
2021-2022 ESTIMATED GUIDELINE BUDGET FOR STUDENTS
Sci Trunk (12 months) |
Clin Trunk (12 months) |
Branch 1 (12 months) |
Branch 2 (8 months) |
|
|---|---|---|---|---|
Rent-Heating per month (assumes double occupancy) |
$990 |
$990 |
$990 |
$990 |
Electricity per month |
$45 |
$45 |
$45 |
$45 |
Phone, Internet, Cable per month |
$65 |
$65 |
$65 |
$65 |
Food per month |
$365 |
$415 |
$415 |
$415 |
Personal per month |
$100 |
$100 |
$100 |
$100 |
Wellness per month |
$100 |
$100 |
$100 |
$100 |
Travel & Transportation per month** |
$365 |
$570 |
$570 |
$570 |
Clothing per month |
$50 |
$50 |
$50 |
$50 |
Total living expenses per year |
$24,960 |
$28,020 |
$28,020 |
$18,680 |
Uninsured Medical/Dental Expenses per academic year |
$1,200 |
$1,200 |
$1,200 |
$800 |
Books per academic year |
$1,000 |
$250 |
$0 |
$0 |
Tech Allowance per academic year |
$0 |
$500 |
$0 |
$0 |
Step Study Material per academic year |
$100 |
$499 |
$0 |
$0 |
Instruments & Supplies per academic year |
$152 |
$102 |
$102 |
$100 |
USMLE Step 1 |
$0 |
$655 |
$0 |
$0 |
USMLE Step 2 CK |
$0 |
$655 |
$0 |
$0 |
Total annual expenses |
$2,452 |
$3,861 |
$1,302 |
$900 |
Total resident expenses per year |
$27,412 |
$31,881 |
$29,322 |
$19,580 |
Total non-resident expenses per year |
$28,162 |
$32,631 |
$30,072 |
$20,330 |
Resident Tuition & Fees* |
$44,373 |
$44,373 |
$44,373 |
$29,582 |
Non-Resident Tuition & Fees* |
$62,538 |
$62,538 |
$62,538 |
$41,694 |
Total Resident Guideline Budget |
$71,785 |
$76,254 |
$73,695 |
$49,162 |
Total Non-Resident Guideline Budget |
$90,700 |
$95,169 |
$92,610 |
$62,024 |
Mandatory health insurance costs are not included in this budget. Health insurance costs may be funded through outside sources upon request.
* Includes estimated 5% resident and 3% non-residents.
** Budget includes an additional $750 transportation allowance for non-residents.
THIS BUDGET IS SUBJECT TO CHANGE
7/13/2021