Stipend

McGaw Medical Center of Northwestern University provides a competitive stipend to all residents and fellows. The stipend starting level is determined by prerequisites of the program. For example, if a program requires one year of previous training, the individual’s stipend shall start at the PGY-2 level.

See a sample of the McGaw housestaff Letter of Agreement. 

The stipend levels for the 2024-25 training year will be as follows:

• PGY1. . . . . . . . . . . . . . . . . . . . $73,983
• PGY2. . . . . . . . . . . . . . . . . . . . $76,902
• PGY3. . . . . . . . . . . . . . . . . . . . $79,492
• PGY4. . . . . . . . . . . . . . . . . . . . $83,982
• PGY5. . . . . . . . . . . . . . . . . . . . $87,376
• PGY6. . . . . . . . . . . . . . . . . . . . $90,082
• PGY7+. . . . . . . . . . . . . . . . . . . $93,578
  
  (Posted January 27, 2024)

Additional years spent in research, employment or training outside of prerequisites for the specialty or sub-specialty program are not used for determining PGY-level. The only exception is for sub-specialty fellows previously appointed as a chief resident for an additional year of training in pediatrics or internal medicine in an ACGME-accredited program. These individuals will be given one year of credit in addition to the prerequisites for the subspecialty training program.

Trainees who are supported by certain federally funded grants may need a modification in how they receive their stipends. If the amount of the federally funded stipend is less than the applicable PGY-level McGaw stipend, the individual will receive an additional stipend to make up the difference unless prohibited by federal guidelines.

Information about stipend checks, direct deposit, withholding taxes and more is available in the McGaw Benefits Guide.