Costs of Applying to Medical School

There is so much to consider when budgeting for the full medical school application process: test prep materials, test application fees, travel costs associated with interviewing, just to name a few.

The more schools you apply to, the more funds you will need available. 

Stethoscope placed on top of money

The Princeton Health Professions Advising Office put together this informative guide to help give you a sense of what costs are involved and to aid in planning. 

In addition to what is included in this guide, the following information is specific to the University of Michigan Medical School. 

Please note that due to travel limitations imposed by COVID-19 restrictions, some tips listed on this page may not be relevant if schools offer virtual interview days and/or second look opportunities.

  • Secondary Application Fee: $85 -- fee waived for those who qualify for the AAMC-Fee Assistance Program

  • CASPer Test Fee: $12 to take, $12 to send scores to us -- fees waived for those who qualify for the AAMC-Fee Assistance Program

  • Student hosts are available for overnight lodging during our interview and second look experiences. Virtual interview days will help keep travel costs down for the 2020-21 application cycle. 

  • Travel assistance is provided for those who qualify for the AAMC-Fee Assistance Program. 

  • Financial Aid counselors are available to admitted students for individual counseling sessions during Second Look at Michigan, or as needed. 

  • In addition to resources listed in the guide, we also recommend the free planning and study available on the Khan Academy and AAMC websites.

  • We never require a deposit from admitted students. 

8 Money-Saving Tips for Applying to Medical School

Michigan Medicine aerial view
  1. Apply early for the AMCAS fee waiver, if you are eligible.
  2. Create frequent flyer accounts and consider using an airlines credit card to earn miles.
  3. If you find yourself with multiple interviews in the same state, reach out to schools to see if you can schedule your interviews back-to-back.
  4. Reach out to friends and family about staying with them for your interviews.
  5. Set realistic expectations about your budget and start planning as soon as possible.
  6. Save money before applying, if possible.
  7. Be sure to apply only to the med schools where you see yourself actually attending -- applying to a lot of schools quickly adds up.
  8. Have a good support system and to find ways to decompress from the process.

"Our Office for Admissions works closely with pre-health advisors across the country to be sure they are in the loop of what we are looking for in our candidates. Pre-health advisors are a great resource for anyone thinking about a future career in medicine, even those who are considering a career switch."

—Director of Admissions Carol Teener

Contact a pre-health advisor through your undergrad institution or, if you do not have access to a pre-health advisor, reach out to the free service provided by the Find An Advisor program of the National Association of Advisors for the Health Professions (NAAHP).