All You Need to Know

Tuition and Fees

Tuition and Fees

Overview of OUM’s Tuition and Fees

OUM’s tuition is based on credit points, with credit points assigned to each unit (course). To register for a unit, students must have purchased enough tuition credits to cover that course. For example, Unit 1 – General Principles – costs 8 tuition credits. To graduate, students are required to complete 182 credit points, which consists of 102 Pre-clinical and 80 Clinical credit points.

The cost of tuition credits varies depending on a student’s country of residence. Students pay tuition and fees in their local currency (i.e. AUD, CAD, NZD, SAT, or USD), and tuition is subject to an annual indexation — inflationary adjustment reflecting the Consumer Price Index (CPI) changes in each country. A country’s CPI is published annually in July, announced in August, and will be used to set tuition for the following year, beginning 1 January. All New Zealand tuition and fees will have GST applied at 15% unless students are eligible for exemptions.

OUM’s MD Program Pathways and Tuition

Standard Pathway: Students undertaking the Standard Pathway must complete the program in 4 to 4.5 years (AUS/NZ/Samoa), and over the duration of the MD program will pay approximately $180,000 – $200,000 for their 182 credits, depending upon the jurisdiction and the annual CPI increase.

USMLE Pathway: Students in the United States Medical Licensing Examination (USMLE) Pathway must complete the program in 4.5 to 5 years, and over the duration of the MD program pay approximately $185,000 – $200,000 for their 182 credits, depending upon the jurisdiction, and the annual CPI increase. The slightly higher amount for the USMLE Pathway reflects an additional CPI increase due to the longer timeframe necessitated by USMLE exam preparation. There is no additional charge for the USMLE Prep Program.

2024 unit costs for each jurisdiction, with CPI factored in, are outlined below:

USA
(USD)
Australia
(AUD)
New Zealand
(NZD)*
Canada
(CAD)
Samoa
(WST)
Pre-Clinical Units$1,081.50$1,113.00$1,127.00$1,079.40$1,162.35
Clinical Units$775.08$797.65$865.38$773.57$833.02

*New Zealand tuition and fees are inclusive of GST @ 15%. GST is not applicable in other jurisdictions.

2024 First-Year Tuition and Fees

In 2024, first-year tuition is the same for both pathways: 40 tuition credits (Pre-clinical units) + an Annual Fee, which includes a Library Fee (ClinicalKey, and other interactive professional library resources) and an Exam Proctor Fee.

Note: ClinicalKey is an interactive professional library resource featuring books, medical journals, images, videos, First Consult content, and much more. All OUM students have access to the library resources at ClinicalKey Medical Education (CKMedEd) and other library resources after paying their Library Fee.

Students will pay a Matriculation Fee to secure their enrollment into the MD program. The Matriculation Fee includes 8 tuition credits and the Annual Fee. The 8 tuition credits will be applied to the first unit of the MD program, General Principles. The remaining 32 tuition credits (for Pre-clinical units) required to be purchased for your 2024 tuition may be purchased in one of three ways: unit-by-unit, before each unit commences, or by entering a monthly plan to pay the annual amount distributed across the year and payable on the first day of each month.

For students beginning in January 2025, the Matriculation Fee is due and payable by 1 December 2024. For students beginning in July 2024, the Matriculation fee is due and payable by 1 June 2024.

For additional information about the July 2024 intake tuition and fees, see the July 2024 section below.

The July 2024 intake Matriculation Fee, which includes 8 tuition credits, a prorated Library Fee, and an Exam Proctor Fee, are purchased at the 2024 Tuition credit cost and are due and payable by 1 June 2024.

The 8 tuition credits will be applied to the first unit of the MD program, General Principles.

Tuition Payment Options

  1. Purchase all tuition credits up front (Paid in Full)
  2. Purchase tuition credits before the commencement of each unit (Pay As You Go [PAYG])
  3. Monthly payment plan to purchase the annual tuition credit required for the current year (Monthly)

Tuition Credit must be purchased before starting each unit except for students electing the Monthly Payment Plan, in which payments for the year will be spread over the remaining months of the calendar year. The Monthly Payment Plan has a 2% Administrative Fee.

Students may change between PAYG and Monthly Payment Plans. Students changing payment plans must have enough credits paid for their next unit.

Students may purchase credits in one year for use in subsequent years, to lock in the current year’s price.

Failed units will require the purchase of additional tuition credit to re-sit the unit.

The January 2024 intake Matriculation Fee, which includes 8 tuition credits and the Annual Fee, are purchased at the 2023 Tuition credit cost.

JurisdictionUSA (USD)Australia (AUD)New Zealand (NZD)*Canada (CAD)
January 2024 Intake
Matriculation Fee Due 1 Dec 2023$9,430.00$9,430.00$10,844.50$9,430.00
Tuition Payable Through the Year$34,608.00$35,616.00$38,640.00$34,540.80
Total First-year Cost$43,008.00$44,016.00$48,300.00$42,940.80

*New Zealand tuition and fees are inclusive of GST @ 15%. GST is not applicable in other jurisdictions. GST is the Goods and Services Tax.
Note: Samoan scholarship students are required to pay only the Annual Fee (Library Fee and Exam Proctor Fee) of $1,030WST.

The July 2024 intake Matriculation Fee includes 8 tuition credits and a prorated Library Fee and Exam Proctor Fee.

JurisdictionUSA (USD)Australia (AUD)New Zealand (NZD)*Canada (CAD)
July 2024 Intake
Matriculation Fee Due by 1 June 2024$9,167.00$9,419.00$9,016.00$9,150.20
Tuition Payable Through the End of the Year$12,978.00$13,356.00$13,524.00$12,952.80
Total 2024 Cost$22,145.00$22,775.00$22,540.00$22,103.00

*New Zealand tuition and fees are inclusive of GST @ 15%. GST is not applicable in other jurisdictions. GST is the Goods and Services Tax.
Note: Samoan scholarship students are required to pay only the half-year Library Fee and Exam Proctor Fee of $515WST.

The July 2024 intake Matriculation Fee, which includes 8 tuition credits, a prorated Library Fee, and an Exam Proctor Fee, are purchased at the 2024 Tuition credit cost and are due and payable by 1 June 2024.

The 8 tuition credits will be applied to the first unit of the MD program, General Principles.

Tuition Payment Options

  1. Purchase all tuition credits up front (Paid in Full)
  2. Purchase tuition credits before the commencement of each unit (Pay As You Go [PAYG])
  3. Monthly payment plan to purchase the annual tuition credit required for the current year (Monthly)

Tuition Credit must be purchased before starting each unit except for students electing the Monthly Payment Plan, in which payments for the year will be spread over the remaining months of the calendar year. The Monthly Payment Plan has a 2% Administrative Fee.

Students may change between PAYG and Monthly Payment Plans. Students changing payment plans must have enough credits paid for their next unit.

Students may purchase credits in one year for use in subsequent years, to lock in the current year’s price.

Failed units will require the purchase of additional tuition credit to re-sit the unit.

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:

  • Before the start of Orientation, there will be a full refund and no Administrative Fee.
  • Before the start of the General Principles Course, there will be a $1,000 Administrative Fee.
  • Within the first two weeks of the General Principles Course, there will be a $5,000 Administrative Fee.
  • Unused prepaid credits will be refunded at 75% of the purchase cost on withdrawal from the MD program.

Application Fees are not refundable and may not be applied to cover other fees. Unused tuition credits are refunded pro-rata only in the event of withdrawal/dismissal from the university.

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

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Let’s Start Transforming Your Future.