As you consider financing your medical education, below you will find the Pritzker School of Medicine 2023-2024 estimated student budget. This budget is a good benchmark for calculating the cost of medical education. It is also used by the Office of Financial Aid when calculating aid. If an individual is receiving financial assistance, that assistance cannot exceed the estimated costs provided below.
The standard budget for all students includes the estimated cost of tuition, mandatory fees, disability insurance (based on average class age), and estimated expenses of room & board, transportation, books & supplies, and personal expenses. A universal transcript fee will appear on your Autumn quarter bill unless you have completed coursework at the University of Chicago before your admission to Pritzker School of Medicine. Additionally, you may elect to participate in the University Student Health Insurance Program (U-SHIP) if a parent or your spouse does not currently cover you, or you hold private coverage.
Tuition and fees are set on an annual basis each spring. Tuition generally increases at approximately 2%–4% annually.
2023-24 Estimated Cost of Attendance
Updated June 13, 2023
|
M1 10.5 mo. |
M2 9 mo. |
M3 12 mo. |
M4 12 mo. |
|
| DIRECT EXPENSES | ||||
| Tuition |
60,012 (3 qtrs) |
60,012 (3 qtrs) |
79,624 (4 qtrs) |
79,624 (4 qtrs) |
| Student Life Fee | 1,398 | 1,398 | 1,864 | 1,864 |
| Med Equipment | 529 | - | - | - |
| Lab Fee | 150 | 35 | - | - |
| Disability Insurance | 315 | 315 | 328 | 340 |
| Transcript Fee* | 75 | - | - | - |
| USMLE Fees | - | 645 | TBD | - |
| Loan Fees | 312 | 312 | 312 | 312 |
| INDIRECT EXPENSES | ||||
| Housing & Food |
16,800 (1,600/mo.) |
14,400 (1,600/mo.) |
19,200 (1,600/mo.) |
19,200 (1,600/mo.) |
| Misc. Personal Expenses |
3,389 |
2,901 |
3,868 |
3,868 |
| Transportation† | 2,226 | 1,908 | 2,636 | 2,544 |
| Books & Course Materials | 1,200 | 1,950 | 1,800 | 852 |
| TOTAL | $86,406 | $83,876 | $109,632 | $108,604 |
| Student Health Insurance | 4,917 | 4,917 | 4,917 | 4,917 |
| EST. TOTAL WITH HEALTH INSURANCE | $91,323 | $88,793 | $114,549 | $113,521 |
*The Universal Transcript Fee is a one-time fee assessment. The Universal Transcript Fee is automatically waived for entering medical students who paid this fee during previous studies at the University of Chicago.
†Transportation includes residency interview travel during M4.