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.
2026–2027 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 | $360 | $360 |
| Food | $908 | $908 | $908 | $908 |
| Personal/Misc. | $350 | $350 | $350 | $350 |
| Wellness | $125 | $125 | $125 | $125 |
| Travel-Transportation | $175 | $345 | $345 | $345 |
| Total monthly expenses annually | $41,016 | $43,056 | $44,256 | $29,504 |
| Annual Expenses | ||||
| Uninsured medical/dental/vision/prescription | $750 | $750 | $750 | $500 |
| Books | $0 | $200 | $0 | $0 |
| Tech Allowance | $0 | $0 | $0 | $0 |
| Step and Shelf Exam Prep (UWorld, practice exams) | $0 | $988 | $0 | $0 |
| Instruments and supplies | $150 | $100 | $100 | $100 |
| USMLE Step 1 | $0 | $695 | $0 | $0 |
| USMLE Step 2 CK | $0 | $0 | $695 | $0 |
| Federal Unsubsidized Loan Origination Fees** | $435 | $435 | $435 | $435 |
| Total annual expenses | $1,355 | $3,293 | $2,120 | $1,035 |
| Total Monthly and Annual Expenses | $42,371 | $46,349 | $46,376 | $30,539 |
| Resident tuition and fees | $60,495 | $60,495 | $60,495 | $40,577 |
| Non-resident tuition and fees | $81,960 | $81,960 | $81,960 | $54,640 |
| Total Resident Guideline Budget | $102,866 | $106,844 | $106,871 | $71,116 |
| Total Non-Resident Guideline Budget | $124,331 | $128,309 | $128,336 | $85,179 |
Mandatory health insurance costs are not included in this budget. Health insurance costs can be included upon request.
THIS BUDGET IS SUBJECT TO CHANGE
