Home Forums General Forum Step 3 Study Material Reimbursements

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  • #8496
    Chausa Mia Casey
    Participant

    Does any of your programs/departments cover the cost of their PGY 1’s Step 3 “Study Materials” or do you have the resident responsible for these costs?

    Currently our department does not cover these cost and their GME Education fund only covers reimbursements for Step 3/Level 3 exams, PTL, and Transitional License expenses, all of which typically exceed $1,000. Therefore, subscriptions and study materials are not covered during their PGY-1 year.

    Curious what other programs are doing? Thank you all!

    #8497
    Laurie Lynch
    Keymaster

    Hi Chausa,

    Historically, our program has provided $500 to our PGY-1 residents in professional development funds during their first year. They could use those funds for Step 3 study materials (like UWorld or CCS). Residents also had the option to apply for a Step 3 loan to help them pay for the exam expense which was then paid back through salary deduction.

    This year we are under a union contract. The collective bargaining agreement established that the residents receive their professional development funds for all 5 years in one lump sum at the beginning of their career to use for applicable expenses, such as Step 3 exam fees or study materials. The IRS does require our institution to withhold taxes from the Step 3 exam fee reimbursement.

    Hope this helps!

    Laurie

     

     

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