Graduate Medical and Dental Education

Stipend and Benefits

2024-2025 Academic Year Resident Stipend*

TRAINING LEVEL	Annual Stipend FY 2024-25	Monthly Stipend FY 2024-25
PGY 1	$58,516	$4,876
PGY 2	$60,346	$5,029
PGY 3	$62,560	$5,213
PGY 4	$65,237	$5,436
PGY 5	$67,876	$5,656
PGY 6	$70,310	$5,859
PGY 7	$72,998	$6,083

*To offset the cost of Disability and Life Insurance Premiums $600 has been added to your annual stipend.
A resident stipend is determined by the currently assigned PGY level and is unrelated to the number of prior months or years of previous GME completed by the resident.

Additional Benefits

Vacation**	21 days per year
Sick Leave	21 days per year
Holidays	All University of Tennessee holidays although the actual day awarded may vary due to patient care concerns.
Bereavement Leave	For immediate family.
Leave of Absence	Residents are granted leave of absence through particular arrangements with program criteria in compliance with Board requirements for absence from training.
Insurance	Medical - Comprehensive insurance plan that includes health, dental & vision insurance. GSM pays 80% and residents pay 20% of premium Disability - $1,500 per month of tax-free disability benefits following 90-days of disability. Benefits are payable to age 65. In addition, this policy has a guaranteed issue of up to $5,000 per month for residents who choose additional coverage. Life - $100,000 group life and an additional $100,000 Accidental Death and Dismemberment Coverage Liability - Tennessee Claims Commission Act provides that employees of the state of Tennessee are invidually immune from liability for acts or omissions within the course and scope of their employment. (Limited to Residency Program Activities).
Flexible Spending Account	The flexible spending account allows you to use tax-free money up to $2,750 per calendar year to pay for medical expenses incurred by you and your family that are not already covered by an insurance policy.
Tax Deferred Plans	Residents are eligible to contribute to a tax deferred plan which includes 401(k), 401(k) Roth, 403(b) and 457 plans. Residents are not eligible for a match.
Cigna EAP	This program is designed to assist residents with balancing their academic and personal lives via professional support.
Wellness	Programs are allocated an annual wellness budget based on the number of trainees in the program.
Educational Meetings	GSM supports resident travel to approved regional or national conferences when the resident is presenting an accepted poster, abstract or oral presentation, or to receive an award. Amount - $2,500 per such meeting.
Payment for Publications	GME funds can be used to pay for resident and fellow publication costs up to $1500 per accepted manuscript. To qualify, publications must meet the following criteria: (1) resident or fellow must be first or second author on the paper, (2) original research only (3) the journal must be PubMed cited and peer reviewed, and (4) the Impact Factor of the journal must exceed 1.5. Journal submission or membership fees will not be supported by GME funds. Residents should first check the impact factor of the journal of interest before submitting the manuscript.
Step 3 Compensation	$950 compensation for Step 3 with proof of payment and score report
Educational Benefits	Additional courses provided by the Graduate School of Medicine: Research design and statistics
Medical License Exemptions	Residents in the state of Tennessee are exempt from having a medical license while in residency/fellowship training. *Residents who have been approved to moonlight are required to have a TN medical license.
Cab Voucher	Cab vouchers are located in MedHub under Resources and Documents for fatigued residents that are unable to drive home.
Simulation Center	Available for all residents in all training programs with emphasis on surgical and procedural practice.
White Coats/Laundry Service	Monogrammed white lab coats are provided. Laundry service located on 6 North with pickup twice weekly.
Meal Allowance	Residents receive a meal allowance on July 1st and January 1st. Amounts are based on work hours by program and PGY level.
Call Rooms	Call rooms are provided for programs that require their residents or fellows to have in-house or overnight call.
Pagers	Alpha-numeric pagers provided.
Medical Library	Badge access available 24/7 for a comfortable place to read and study, computer lab, and printing and copying. Professional literature searches and publishing support available. Schedule a custom research consultation to fit your schedule.
Notary	Notary services are provided.
Parking	Free parking provided by the Medical Center.
UT Fitness Center	Residents can join the UT Fitness center for $10 per month. 24/7 access available.

**The amount of time a resident can be away from residency duties and still meet Board and or graduation requirements varies among the specialties. Each program will provide its residents with written program-specific policies on leave allowances and the effect of leaves of absence, for any reason, on satisfying the criteria for completion of that program.