Tuition

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.

Matriculation Fee US$500
e-Foundation Sciences Blocks (100-series) 9 modules @ US$2,500 per four-week module
System-Based Modules 10 modules @ US$5,000 each
Research Methodology & Clinical Skills Course 2 modules @ US$5,000 each
Clinical Clerkships: 12-week Modules 2 modules @ US$7,500 each
Clinical Clerkships: 8-week Modules 3 modules @ US$5,000 each
Clinical Clerkships: 4-week Modules 6 modules @ US$2,500 each

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 termregistration@oum.edu.ws.

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.

Textbook Costs


As all of OUM’s textbooks are available on Elsevier’s Clinical Key, OUM has negotiated a special rate of $500 per student per year with Elsevier. Users of Clinical Key are given full-text access to more than 500 of Elsevier's journals, 900 books, and 9,000 medical and procedural videos.

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.  

Good Standing


In order to maintain good standing in OUM, students must complete 24 weeks of instruction per academic year to remain in good standing. Additionally, the preclinical curriculum must be completed within four calendar years. During the clinical years, students are expected to successfully complete 24 weeks of clerkships during each academic year (and to complete the entire clinical program within three calendar years) to remain in good standing.  If a student fails to maintain good standing status, he or she will be required to retake previously completed modules at 50 percent tuition upon return to the program. 

Tuition Payment


Tuition is payable in US dollars by cash, personal check, bank check, money order, wire transfer, or credit card. Payment plans are also available and detailed below. Checks are to be made payable to e-Medical Education.    Payment must include the student's name and term number.  Post-dated checks are not accepted.  Checks, bank drafts, or money orders should be sent to:

e-Medical Education
c/o MMPS
276 Fifth Avenue, Suite 404
New York, NY 10001

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.  
pdf Click here for Credit Card Authorization Form 76.78 Kb.

Online Invoice System


Once payment is processed by the Bursar’s Office, a confirmation e-mail is sent to the student's OUM e-mail address, and the student’s account is updated to reflect the payment.

Late Fees


A US$25 late penalty and 1.5 percent monthly late charges will be assessed on unpaid balances after the due date.  Students with unpaid bills will not be permitted to register for subsequent terms, receive module grades, diplomas, or transcripts.

Returned Checks Policy


All returned checks are deposited twice, automatically and without notice.  A Returned Check Fine of US$35 will be assessed to the student’s account for each check that is returned due to insufficient funds.  A personal check will not be accepted to replace a dishonored check.

Payment Plans


Payment plans are available to all OUM students, as long as the student is enrolled in good standing and has not abused the payment plan privilege in the past.

Option 1

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
• Upon completion of three weeks of class:  half of tuition

Option 2

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.

Withdrawals


Any student wishing to withdraw from a term of study at OUM must contact student administration for the Dean’s approval (studentadmin@oum.edu.ws ). The withdrawal will be effective on the date written notice is received.  If the withdrawal notice is delivered by hand, the student must request a receipt.  If delivery is by mail, the letter must be mailed certified or registered, return receipt requested. If the request is faxed or e-mailed, the student must call the recipient to ensure that the communication was received and to request written confirmation by fax or e-mail.

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.

Tuition Refunds


Students who withdraw from a module may be eligible for a tuition refund (excluding non-refundable deposits and convenience fees), depending upon when their official notice is submitted.  All refunds will be made within thirty days of the withdrawal date.   

On or before the commencement of classes
Within the first week of classes
Within the second week of classes
After the second week of classes
100 percent refund*
75 percent refund*
50 percent refund*
no refund

*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


Unfortunately, personal and medical circumstances sometimes make it necessary for a student to apply for a leave of absence.  An academic advisor is available to assist in making that difficult decision.  The bursar’s office can also answer questions regarding refunds or applying tuition to a future term.  The number of modules a student has completed and whether or not those were in preclinical or clinical modules determine the steps necessary to request a leave of absence.  Students should consult the OUM catalog, student handbook, or student administration to assure that the appropriate procedures are followed.  

 
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