Estimated Budget
As you consider financing your medical education, below you will find the Pritzker School of Medicine 2007-2008 standard student budget. This budget is a good benchmark for calculating the cost of medical education. It is also used by the financial office when calculating aid. If an individual is receiving financial assistance, that assistance cannot exceed the costs provided below.
Remember, the actual charge for tuition and fees is subject to change without notice. To project expenses for all four years of medical school, you will want to use an approximate 3%-5% increase per year in tuition and other categories.
Standard Student Budget
| 1st year (9 mos) |
2nd year (9 mos) |
3rd Year (12 mos) |
4th year (12 mos) |
|
|---|---|---|---|---|
| Tuition | $35,305 (3 qtrs) |
$35,305 (3 qtrs) |
$46,513 (4 qtrs) |
$46,513 (4 qtrs) |
| Activity Fee | $172 | $135 | $181 | $181 |
| Health Service Fee | $507 | $507 | $676 | $676 |
| Health Insurance | $1,773 | $1,773 | $2,365 | $2,365 |
| Disability Insurance | $221 | $221 | $294 | $294 |
| Books & Supplies | $1,349 | $1,912 | $2,340 | $995 |
| Lab & Instruments Microscope Rental | $1050 | $0 | $391 | $55 |
| Living Expenses | $13,406 | $13,406 | $17,875 | $17,875 |
| Personal/Other | $2,363 | $2,363 | $3,150 | $3,150 |
| USLME Fees | $470 | $1,475 | ||
| Transportation | $1,780 | $1,780 | $2,373 | $2,373 |
| Total | $57,926 | $57,872 | $76,158 | $70,360 |