About Mercy

Salary and Benefits

Stipends, Housing and Moving Allowances

The annual stipends for the 2014-2015 academic year will be as follows:

PGY 1   $51,000

PGY 2   $52,000

PGY 3   $54,000

In addition, you will receive a $4,800 annual housing allowance. Incoming residents receive a $750 expense allowance.


All residents receive 20 days of Paid Time Off (PTO) per year.

Health Insurance

Mercy provides residents health insurance options that are partially funded by Mercy Medical Center. 

Other benefits include life insurance and short- and long-term disability. Optional benefits include dental insurance, vision insurance, reimbursement accounts and tax-deferred annuity plans. Residents also receive a PDA with software upon entering the program, free meals, various classes, lab coats and continuing education stipends. 

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