2014-2015 Stipend Rates
A total of 12 stipend checks are issued each academic year and trainees are encouraged to participate in the direct deposit program. Stipend rates are reviewed annually in May of each year and the revised stipend rates will be posted here. Stipend rates below are guaranteed for 2014/2015 Academic Year.
Post Graduate Year 1
- Post Graduate Year 1 - $53,342
Post Graduate Year 2
- Post Graduate Year 2 - $54,813
Post Graduate Year 3
- Post Graduate Year 3 - $56,281
The Boards of the individual specialties may have specific requirements for the amount of time spent in a training program. If an extended leave of absence, for any reason, is necessary the trainee should discuss the effect of the leave on the requirements and duration of the training program.
Vacation: Three (3) weeks (15 scheduled workdays) of paid vacation per academic year are provided. Vacation requests must receive advanced approval from the program director and trainees should check with the program director regarding program specific policies. Vacation requests will not be approved during the first week of July or last week of June. The number of vacation days will be prorated if the GME Trainee's start date is other than July 1st.
Sick Leave: Sick leave may be authorized with full pay and benefits for a period not to exceed four (4) weeks. Extended leaves require documentation from the treating physician. The number of sick days will be prorated if the GME Trainee's start date is other than July 1st.
Maternity Leave: Leave is provided through a combination of sick leave and vacation leave.
Paternity/Adoption Leave: Leave is provided through the use of vacation leave.
Holidays: Graduate Medical Education trainees are responsible for the clinical care of the patients within the educational program. To this end, trainees are not afforded the standard institutional holidays. The Education Committee of each individual training program has set policy which guides the provision of national, state and religious holidays.
Educational Leave: Subject to approval by the Program Director.
Dental Insurance: A dental insurance policy is available to trainees. The premium is the responsibility of the trainee.
Health Insurance: Trainees are provided group health insurance. The institution offers several policy options and the trainees are covered for the lowest premium option at no cost. If the trainee chooses a more expensive policy or wishes to add a spouse or dependent children, the cost of the coverage selected will be the responsibility of the GME Trainee.
Life Insurance: GME Trainees are give one times their base stipend in Group Term life insurance at no cost. Voluntary Supplemental Life Insurance is available at full cost to the GME Trainee.
Long Term Disability Insurance: Group Long-term disability insurance is provided by EVMS at no cost to the GME TRainee. Once approved, by the insurance carrier, the benefit is 60% of monthly base stipend after a 6-month waiting period. Supplemental Long-Term Disability is available at full cost to the GME Trainee.
Professional Liability Insurance: Professional liability insurance covering medical activities clearly defined within the scope of the training program is provided by the school at no cost to the trainee. Activities outside the program are not covered by the profession liability insurance provided to trainees of Eastern Virginia Medical School.
Retirement: Eastern Virginia Medical School offers numerous retirement plan options. GME Trainees are eligible to start their own contributions at anytime. GME Trainees are not eligible for company contributions.
TIAA-CREF - Currently offers numerous equity funds, money market account and a fixed rate of return fund.
Short Term Disability Insurance: Group Short Term Disability is provided by EVMS at no cost to the GME Trainee. Once approved, the benefit provides 100% of monthly base stipend after a 14-day elimination period and all paid leave has been exhausted.
Vision: Voluntary vision coverage is available to GME Trainees. The cost of the coverage selected will be the responsibility of the GME Trainee.
Medical, Dental, and Vision Insurance rates are subject to change on the 1st of July. Any changes in rates will be reflected in June stipend checks.
Detailed information on all of the EVMS Benefit offerings is available for viewing at www.benedetails.com. Login Credentials are provided by your program or by contacting Human Resources.