The Cost of Applying for Medical Residency

Though the costs associated with applying for a residency position will be a minor portion of the total cost of your medical education, they can still add up. Because application fees are not always covered by student loans, it is important to develop a plan early on for how you will manage these expenses.

Application Costs

The residency selection process includes application fees for two items: initially ERAS® and later, the NRMP. These application fees are separate from interview expenses which are more varied and driven by geography.

The total cost of the process will fall within a wide range, depending on key factors such as which specialty or specialties the applicant is interested in, how many applications are made and programs ranked, and how close the applicant is to these programs geographically.

The application fees are easier to project, but they will vary depending on the volume of applications and number of specialties. Use the ERAS Residency Fee Calculator to help plan for your costs.

Number of Programs Per Specialty ERAS Fees
Up to10 $99
11-20 $15 each
21-30 $19 each
31 or more $26 each

Additional costs associated with the application include the USMLE Transcript fee of $80 and the COMLEX-USA Transcript fee of $80.  Both are assessed once per application season.

Electronic Residency Application Service (ERAS®)

ERAS® streamlines the residency application process for applicants. By using MyERAS for Residency, aapplicants can complete their applications, select programs of interest, include necessary supporting documents, and submit their applications, all in one location.

ERAS provides a centralized, but flexible, solution to the residency application and document distribution process.

Register for MyERAS for Residency to get started.

Apply Smart - Consider the Data

Your likelihood of securing residency training depends on many factors. One of many considerations is the number of residency programs you apply to, but there is no magic number that applies to all applicants. Review the data from the AAMC study and visit Careers in Medicine for help with developing a smart application strategy.

National Resident Matching Program (NRMP)

The NRMP, is a private, not-for-profit organization that matches medical school students and graduates to graduate medical education (GME) training programs in the United States. The standard registration fee for the Main Residency Match allows for the submission of up to 20 ranked programs on the primary list and access to data and reports. You can review the complete fee structure and current schedule of dates for NRMP Matches as well as learn how the matching algorithm works by visiting the NRMP website.

Match Fees

Standard Registration Fee: $85 (up to 20 programs)

Additional programs ranked: $30 per program code

Total Costs

Application costs are just one component of the equation when determining total cost of applying for residency. To accurately account for the total expense, applicants must consider the application fees as well as the costs associated with interview activities.  Together, these two areas equate to the total amount that will be invested in the pursuit of a residency position.

Review both the The Cost of Interviewing for Residency fact sheet and video.

Application Fees + Interview Expenses = Total Cost

If you need help with anything related to ERAS, check this Frequently Asked Questions for ERAS Residency Applicants. If you cannot locate the answers you need, you can contact ERAS by sending a message or contacting the Helpdesk at 202-862-6264 (Monday – Friday 8 a.m. – 6 p.m. ET).

For assistance with handling your finances during residency, check out the resources available from FIRST.

Financial Information, Resources, Services, and Tools (FIRST)

MedLoans® Organizer and Calculator (MLOC)

The Medloans® Organizer and Calculator was developed to assist medical students and residents with managing their education debt.

Contact FIRST

Financial Information, Resources, Services, and Tools (FIRST)
655 K Street, NW, Suite 100
Washington, DC 20001-2399

AAMC Financial Wellness

Access free financial calculators, articles, and videos to help you create a budget, track your spending, create financial goals, and enhance your financial knowledge about credit, financial planning, money management, and more!