2013-2014 Guideline Budget for Students
| |
Freshman |
Sophomore |
Junior |
Senior |
| |
M1
(10 mo) |
M2
(9 mo) |
M3
(12 mo) |
M4
(12 mo) |
Rent-heating/month
(assumes double occupancy) |
$770 |
$770 |
$770 |
$770 |
| Electricity/month |
45 |
45 |
45 |
45 |
| Telephone/month |
100 |
100 |
100 |
100 |
| Food/month |
350 |
350 |
400 |
400 |
| Laundry/month |
50 |
50 |
50 |
50 |
| Recreation-Personal/month |
170 |
170 |
170 |
170 |
| Travel-Transportation/month** |
350 |
350 |
540 |
540 |
| Clothing/month |
100 |
100 |
100 |
100 |
| Total monthly expenses |
19,350 |
17,415 |
26,100 |
26,100 |
| |
Uninsured medical/dental
(per academic year) |
450 |
450 |
520 |
520 |
Books and journals
(per academic year) |
1250 |
700 |
700 |
500 |
Instruments and supplies
(per academic year) |
750 |
150 |
450 |
150 |
| USMLE Step I & II |
0 |
560 |
560 |
0 |
| USMLE Step II CS |
0 |
0 |
1200 |
0 |
| USMLE Step II CS Travel |
0 |
0 |
0 |
500 |
| |
| Total Resident |
$21,800 |
$19,275 |
$29,530 |
$27,770 |
| Total Non-Resident |
$22,550 |
$20,025 |
$30,280 |
$28,520 |
| |
| Resident tuition and fees* |
$30,118 |
$30,118 |
$29,832 |
$29,832 |
| Non-resident tuition and fees* |
$46,425 |
$46,425 |
$46,425 |
$46,425 |
| |
| Total Resident (inc. tuition) |
$51,918 |
$49,393 |
$59,362 |
$57,602 |
| Total Non-Resident (inc. tuition) |
$70,612 |
$68,087 |
$77,880 |
$76,120 |
|
(Annual figures vary according to length of academic
year)
Mandatory health insurance costs are not included in this budget. Health
insurance costs may be funded through outside sources upon request.
* Includes estimated 2% tuition increase over 2012-2013 rates. Actual
tuition will be set by the Regents of the University of Michigan in June
2013. If tuition is less, the budget will be adjusted to reflect the decrease.
Financial aid monies will be reduced from the second disbursement (Winter
2013) of financial aid.
** Guideline budget includes additional $750 transportation allowance
for non-residents.
THIS BUDGET IS SUBJECT TO CHANGE
