Stipends and Benefits

Stipend: 2018-2019 Base Rates

  • PGY 1: $54,669 annual, biweekly $2,102.65
  • PGY 2: $56,351 annual, biweekly $2,167.35
  • PGY 3: $58,290 annual, biweekly $2,241.92
  • PGY 4: $60,373 annual, biweekly $2,322.04

Educational Allowance/Ed Funds

MedPeds residents currently receive $300 per residency year for a total of $1200 by PGY4 year to apply toward eligible expenses. Eligible expenses include (but are not limited to) the following: books, journal subscriptions, boards prep materials, boards registration costs, Step 3 exam, DEA licensure, MN state medical licensure, conference travel, presentation-related costs (poster printing, etc).

Additionally, the UMN Department of Medicine negotiated a discount subscription for MKSAP. All new incoming MedPeds interns will receive full, 3-year MKSAP access at the start of PGY2 year.

Insurance, Tax, Tuition Benefits

Insurance
Comprehensive information about resident medical, dental, disability, and life insurance benefits can be obtained from UMN's Office of Student Health Benefits Residents, Fellows and Interns page. Here is a brief overview of options:

  • Health insurance: single individual and family coverage
  • Optional insurance: dental, vision
  • Life insurance: $50,000 basic group term life and AD&D insurance is provided by the university. Supplemental plans are available, at a resident's choice and discretion.
  • Disability insurance: residents are automatically enrolled in short and long-term disability insurance
  • Malpractice insurance

Tax Benefits

  • Health FSA
  • Dependent day-care FSA
  • Optional retirement plan contributions, deferred compensation

Tuition

  • In-state UMN tuition rates for spouse and immediate family members

Additional Benefits

  • University of Minnesota Relocation Assistance Program
  • MKSAP purchased by department at start of PGY2 year
  • Free on-site parking at all sites
  • Discounted metro passes
  • Lab coats, scrubs
  • Meal stipends on inpatient service
  • Free access to all campus libraries
  • Free Google Suite access
  • Discounts on myriad of events and services: professional and collegiate athletics, fine arts, movies, technology, museums, film, state fair, home services, professional services, events coordination and more
  • Spouse/significant other group
  • Access to UMN Rec Center and site-based fitness facilities