Graduate Medical Education

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Medical College of Wisconsin Affiliated Hospitals, Inc.

Stipends



 

The Board of Directors on MCWAH establishes stipends for housestaff.  The stipend levels for the academic year beginning July 1, 2008 are:

 

 PGI    -  $48,400  PGV    -  $55,000
 PGII   -  $49,400  PGVI   -  $56,500
 PGIII  -  $50,400  PGVII  -  $59,000
 PGIV   -  $51,400  
 

The stipend is deposited directly once a month, on the last day of the month, in the individual's account.  MCWAH offers direct deposit at most banks, savings and loans, and credit unions in the greater Milwaukee area.  The funds are available on payday.  If the payday falls on a holiday or weekend, the funds are available the day before the holiday or weekend.

The resident's training year level is the level appropriate for the program in which he is currently enrolled and is determined by the number of years remaining before he is eligible for certification by a specialty board.  When a question exists in respect to training level, the resident or fellow should obtain a letter from the specialty board stating the number of months of training that remain before he is eligible for board certification.  If this letter results in a change in training level, the change and corresponding salary adjustment will be effective the day the letter is presented to the MCWAH Office.

 

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Page Updated 07/10/2008