MD Program Guideline Budget
Estimated Expenses
Our Guideline Budget represents estimated expenses for students in each of the four years of medical school at U-M.
2025–2026 Guideline Budget for Students
Sci Trunk (12 months) | Clin Trunk (12 months) | Branch 1 (12 months) | Branch 2 (8 months) | |
| Monthly expenses | ||||
| Rent | $1,600 | $1,600 | $1,600 | $1,600 |
| Utilities (electric, heat, phone, internet) | $260 | $260 | $260 | $260 |
| Food | $620 | $620 | $620 | $620 |
| Personal/Misc. | $350 | $350 | $350 | $350 |
| Wellness | $125 | $125 | $125 | $125 |
| Travel-Transportation** | $100 | $300 | $300 | $300 |
| Total monthly expenses | $36,660 | $39,060 | $39,060 | $26,040 |
| Annual Expenses | ||||
| Uninsured medical/dental | $750 | $750 | $750 | $500 |
| Books | $600 | $900 | $0 | $0 |
| Tech Allowance | $0 | $0 | $0 | $0 |
| Step and Shelf Exam Prep (Uworld, practice exams) | $0 | $1,104 | $166 | $0 |
| Instruments and supplies | $150 | $100 | $100 | $100 |
| USMLE Step 1 | $0 | $680 | $0 | $0 |
| USMLE Step 2 CK | $0 | $0 | see note | $0 |
| Federal Unsubsidized Loan Origination Fees | $498 | $498 | $498 | $428 |
| Total annual expenses | $1,998 | $4,032 | $1,514 | $1,028 |
| Total Resident Monthly and Annual Expenses | $38,658 | $43,092 | $40,574 | $27,068 |
| Total Non-Resident Monthly and Annual Expenses | $39,158 | $43,592 | $41,074 | $27,568 |
| Resident tuition and fees | $58,662 | $58,662 | $58,662 | $39,108 |
| Non-resident tuition and fees | $79,500 | $79,500 | $79,500 | $53,000 |
| Total Resident Guideline Budget | $97,320 | $101,754 | $99,236 | $66,176 |
| Total Non-Resident Guideline Budget | $118,658 | $123,092 | $120,574 | $80,568 |
Mandatory health insurance costs are not included in this budget. Health insurance costs may be funded through outside sources upon request.
** Guideline budget includes additional $500 transportation allowance for non-resident students. Increase in M2 - M4 years to reflect need to maintain a vehicle.
Should your expenses exceed one of these categories, please consult with your financial aid officer.
THIS BUDGET IS SUBJECT TO CHANGE
