It’s one of the things you don’t think about early on. The cost of applying to residency is significant. It’s like applying to medical school, only worse in my opinion. The average person spends ~$10,000 for the residency application process. And given this past year, it’s likely to increase, as more applicants are applying to more programs. Here are a few tips I’ve learned along the way:
- If you can, plan in advance. Yes, med school is expensive. But if you can during your 2nd and 3rd-year, save some money in an account that you can’t use until 4th-year. Even if it’s $50 a month, it adds up easily. For example, you can find a job tutoring (or writing blog posts) that will give you some funds.
- Take out a credit card. One that gives you miles based on how much you spend. You can use the miles for a vacation after Match.
- Utilize alumni. They are likely to live in cities where you are applying. It can save you on hotel costs.
- Try to use the same airline if possible. That way you can add up points.
- Try to get interviews based on region. If you have an interview in the Northeast, reach out to adjacent programs and see if you could schedule interviews nearby, so you’re not flying back and forth.
Despite the costs, the process is a lot of fun. Enjoy it!