New students are required to pay a non-refundable matriculation fee of US$500 at the time of acceptance to secure their choice of enrollment date. The remainder of the first module's tuition must be paid at least 30 days before the term begins. Classes are filled on a first-paid, first-reserved basis, and classes are limited to 25 students per session. Tuition fees are listed below.
All tuition fees for modules taken after the first module are due four weeks before the term begins, during Registration Week which is held four weeks before a term start date and the recommended time to make decisions about registering for the upcoming module, paying tuition, etc. Invoices are sent to each student via his/her OUM e-mail address after a student expresses interest in taking the term has been received by email@example.com.
Students who do not make arrangements by the end of Registration Week may not be able to take the next term and will be subject to late fees. Sufficient time is needed to assign students to appropriate modules, distribute curriculum materials, and provide access to information on OUM’s Learning Management System. Likewise, students need enough time to finalize their mentor visit schedules for the coming term.
OUM aims to keep its tuition fees at a constant level to allow students to budget accordingly. When students matriculate into the program, the current tuition rate remains in effect for the preclinical modules and for clinical rotations, as long as the student maintains full-time status and remains in good standing with the University (see below). The teaching hospitals may impose an additional clinical rotation hosting fee in addition to OUM’s tuition fee, typically between $80 and $500 per week. OUM may add additional modules as recommended by faculty or required by OUM's accrediting body.
The special $5,000-per-eight-week module rate is good for students completing the program within five years of matriculation. Those students requiring more time will pay the prevailing tuition rate at the time, i.e. a student matriculating in 2016 who has a few modules left in 2021 will pay the 2021 tuition rate.
This feature will ensure that OUM students have the latest edition of textbooks, and they are available online at the student’s convenience. The textbook fee is payable annually in January. If the student enrolls mid-year, the fee for Clinical Key is $250 for the remainder of the year. Clinical Key through OUM is required for all students.
In addition to the tuition and textbook costs, students are required to pay a $200 per year proctoring fee, which will reduce to $25 per end-of-rotation exam for the seven core clinical clerkships.
Please do not send any correspondence to the address above, only payments.
A non-refundable 2.77 percent convenience fee is charged for all credit card payments.
Online Invoice System
Returned Checks Policy
For system-based modules and clinical rotations of eight-weeks in duration or longer, OUM will accept payment on student accounts in installments as long as one-half of the balance is paid two weeks before classes begin and the balance due is paid after three weeks of classes. The installment payment plan is:
• Two weeks before the term begins: half of tuition
Monthly payments made by check, money order, bank draft, wire transfer, or credit card (Discover, MasterCard, or Visa). Students may spread tuition payments evenly over an entire 12-month period for the number of modules they plan to take during that time. Payments are due by the first of every month, starting with the December payment. For example, if a student plans to take four modules in a 12-month period, the fees would total US$20,000. If monthly payments were arranged, the amount due would be US$1,670.00.
Students participating in either option who default on payment will not receive their module grade and may not register for another module until the account is settled. In addition, the opportunity to continue on a payment plan may be subject to review by the Bursar’s Office.
If a student wishes to withdraw from a module within the first two weeks of the term, enrollment will be dropped from the student’s record. If a student withdraws from a module between weeks 2 and 5, enrollment will be maintained in the student record, and the student will receive the letter W for withdrawal, instead of a grade. If a student withdraws from a module after the end of week 5, the student receives an F for the module. All grades will remain on the student’s transcript.
Students should consult the OUM catalog, student handbook, or student administration for detailed information and to assure that the appropriate procedures are followed regarding withdrawals.
*Please note that the 2.77 percent convenience fee for credit card payments will not be refunded and is applied to the tuition payment as well as the refund.
Leave of Absence
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