All You Need to Know

Tuition and Fees

Tuition and Fees

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Tuition for the MD Program is dependent upon the pathway taken by the student. Students undertaking the United States Medical Licensing Examination (USMLE) Pathway must complete the program in 4.5 to 5 years. Students undertaking the Standard Pathway must complete the program in 4 to 4.5 years. Students who plan to practice in the US must take the USMLE Pathway.

First year tuition for the Standard Pathway is $43,000 in 2023. First year tuition for the USMLE Pathway is $39,000 in 2023. (Note that total tuition for the two programs is the same – USMLE Pathway students have a slightly longer period of time to pay due to the increased length of the program.) The fees are subject to an annual indexation (inflationary adjustment reflecting Consumer Price Index changes). The yearly CPI published in July will be used and the new fee will be set in August for the next calendar year (1 January). Students pay fees in their local currency (i.e. AUD, CAD, NZD, SAT, or USD).

Prior to commencing their first semester, students will be required to pay the Intake Payment Fee of $10,000, which will be deducted from the first semester’s tuition fee if Semester payment is elected. Tuition fees will then be charged and payable by semester.

A monthly payment plan is also available upon request and will be subject to a 2% Administrative Fee. The $10,000 Intake payment fee will be applied across the duration of the course to reduce monthly payments. The election of fee payment type (semester or monthly) must be arranged with the University by 31 December or 30 June for the respective intake.

Tuition covers the entire program as described above, regardless of actual time to complete the program. There will be no additional charge if the course duration extends beyond the expected 4.5 or 5-year time frame. This is most likely to occur due to the timing of a clinical rotation for which the fees already would have been paid.

Students may be charged fees by hospitals/clinics when undertaking clinical rotations depending on the region.

In the event of a late payment there will be a Late Fee of $25 per occurrence.

There will be additional tuition charges if a student is required to retake a course due to failure. If a module or rotation must be repeated due to failure, then the additional fee of $750/week will apply.

For further information, students should contact the Finance Manager at bursar@oum.edu.ws.

Tuition payments will be refunded in the case of withdrawal from the program but will be subject to an Administrative Fee as follows:If a student withdraws:

  • Prior to the start of Orientation, there will be a full refund and no Administrative Fee.

  • Prior to the start of the General Principles Course (GPC), there will be a $1,000 Administrative Fee.

  • Within the first two weeks of GPC, there will be a $5,000 Administrative Fee.

  • After the second week of GPC, we will take the total amount of your tuition divided by the number of weeks in your program, and then multiply by the number of weeks of instruction you received at OUM. This is your Prorated Tuition Cost. A Student’s Withdrawn/Dismissed Tuition Cost will be equal to the Prorated Tuition Cost, or $10,000, whichever is greater. The Withdrawn/Dismissed Tuition Cost will be subtracted from the tuition payments previously made.

Application Fees are not refundable or applicable to other fees. Tuition payments are refunded pro-rata only in the event of withdrawal/dismissal. 

For further information, students should contact the Finance Manager at bursar@oum.edu.ws.

“Canadian students” refers to Canadian citizens, permanent residents, and those eligible to become permanent residents. For further information about status in Canada, please refer to the Government of Canada website.

Canadian students are able to apply for and receive student financial aid from their province’s/territory’s student financial aid authority. This authority will provide access to provincial, territorial, and federal grants and loans based on each Canadian student’s financial need. Further information and application forms may be found on your provincial or territorial financial aid program’s website. Some provinces/territories may require additional information from OUM to complete your application.

All students planning to practice in the US will follow the USMLE Pathway.

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Let Us Help You Reach Your Goals.

Get in Touch With Us Today.
Let’s Start Transforming Your Future.

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