2020-2021 Stipends And Benefits
| YEAR | ANNUAL STIPEND | MONTHLY STIPEND | |
|---|---|---|---|
| I |
$69,763.20 | $5,813.49 | |
| II | $73,299.20 | $6,108.15 | |
| III | $78,852.80 | $6,570.94 | |
| IV | $83,324.80 | $6,943.60 |
|
| V | $88,545.60 | $7,378.66 | |
| VI | $92,476.80 | $7,706.25 | |
| VII | $97,656.00 | $8,137.84 | |
| VIII | $102,107.20 | $8,508.77 |
SHC provides the following for residents/fellows and their families:
*Hospital and major medical insurance (no charge for premiums, co-pays and deductibles waived for covered expenses at SHC/LCPH)
*Dental insurance (free for children, spouse available at a residents/fellows expense)
*Vision and mental health coverage
*Lab coats and their laundry
*Malpractice insurance (including tail coverage)
*Disability insurance
*Paid time off for illness and vacation
*Use of certain University athletic facilities
*Reimbursements: Initial CA MD license fee if obtained after receipt of a valid Stanford Healthcare contract, USMLE Part 1 fee (PGY I only while under SHC contract), CA MD license renewal fees, initial DEA and renewal fees (if the resident/fellow is under SHC contract at the time of renewal)
*1% annual bonus based on completion of a Quality Improvement Project (Automatically paid at the end of each academic year in June)
*$1,000 paid in July to cover cell phone use
*$3,000 moving allowance paid in September for new residents/fellows.
*$2, 000 educational allowance paid in November * (subject to completion of annual Healthstream modules)
*$7,200 housing allowance. $600 paid on the first paycheck of each month. (Note: Housing allowances will not be provided during any period of extended training.)
*Food allowance $10 per day (shifts of 12 hours or longer for clinical rotations only at SHC & LPCH - Payments made on last paycheck of each month)
All allowances are subject to applicable taxes