do you make money during residency

Yes, residents do earn a salary during their residency training. The income can vary based on factors such as the location of the residency program, the type of specialty, and the specific institution. Generally, residents receive a stipend that helps cover living expenses, but it’s important to note that this salary is often lower than what fully qualified physicians earn. In addition to the base salary, residents may have access to benefits such as health insurance, paid time off, and educational allowances. Overall, while residents do get paid, it is typically modest compared to their workload and the long hours they often work.