Tuition, Fees and Financial Aid

Tuition, Fees and Financial Aid

Tuition and fees3 are set each year by the Liberty University Board of Trustees for the College of Osteopathic Medicine and are subject to change.

Tuition of $49,440 is divided evenly between LUCOM’s two semesters for the year.

Students on altered degree plans who are required to repeat courses or return to complete a semester for which they have already paid 50% or more of the tuition will be charged 50% of the full-time block rate for the future semester in which they are returning. All other students will be subject to the full-time block rate for the term.

Tuition Payment

Late tuition payments or failure to make arrangements to pay tuition by 5 p.m. on Friday before classes begin may result in the student being removed from class and/or clinical rotations. Failure to meet obligations for tuition, fees, and other responsible financial obligations in a timely manner may result in dismissal from the College.

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9.2 Academic Standards

Tuition Refund Policy

Students who withdraw from LUCOM, take a leave of absence, are suspended, are removed from rotations as a result of a COMLEX failure, or are dismissed during a semester may be eligible for a tuition refund based on their date of withdrawal if the outcome results in a change to the student’s anticipated graduation date. Please note that Admission Deposits and all fees are non-refundable.

Tuition Refund Schedule

A student who withdraws from all courses during the first week of enrollment will receive a 100% tuition refund.1

A student who withdraws after the first week but before the end of 7 weeks will receive a 50% tuition refund.2

A student who withdraws after 7 weeks, but before the end of 13 weeks will receive a 25% tuition refund.2

A student who withdraws after 13 weeks is not eligible for a tuition refund.2


1

Eligible enrollment only includes courses that count toward the degree completion plan.

2

For students on clinical rotations, the number of weeks used to determine the tuition refund will be based on the number of weeks the student attended up until the date of withdrawal, excluding any gap weeks.

Admission Deposit

Those accepted prior to November have 30 days to pay the confirmation deposit ($2,000).

Those accepted between November 15 and May 14 have 14 days to pay the confirmation deposit ($2,000).

Applicants accepted after May 14 may be asked for an immediate deposit.

All confirmation deposits are non-refundable and are applied to the first semester’s tuition and fees. LUCOM reserves the right to redact any entry of forfeited deposits at their discretion.

Semester Fees

The following semester fees are charged in the Fall and Spring semesters.

  • Student Activity Fee    $285
  • Student Health Fee    $170
  • Parking Fee    $100

Annual Fees

The following annual fees are charged once each academic year during the Fall semester:

  • Anatomy, Clinical Medicine, SIM Lab Fee    $675
  • LUCOM Student Activity Fee    $300
  • Malpractice Insurance Fee    $300

One-Time Fees

The following one-time fees are charged once during a student’s enrollment at LUCOM.

  • Computer, Software, Equipment Fee (Fall of 1st Year Only)    $1,750
  • Graduation Fees (Spring of Graduating Year Only)    $950
    • LUCOM Graduation Fee    $550
    • Regalia and Diploma Process Fee    $300
    • Residential Graduation Fee    $100

Financial Aid

The purpose of the Student Financial Assistance Program at Liberty University College of Osteopathic Medicine is to help as many qualified students as possible to complete their medical education. As a participant in the Title IV, USDE federally guaranteed loan programs, LUCOM works with students to meet the cost of their education while a student at the COM. Students may finance their education with scholarships, federal loans, private student loans, military health profession scholarships, or other federal and state programs. Students may also apply for one of the loan forgiveness programs available through a variety of government and non-profit agencies once they begin their medical education or practice.

All new students receiving any form of financial aid must meet with a financial aid counselor or attend a meeting provided by the Office of Financial Aid within sixty days of the beginning of their first semester as a student at LUCOM. Students must attend an annual financial aid meeting or meet individually with a financial aid counselor annually. All students with any form of financial aid must meet with a financial aid counselor during a three month period prior to graduation.1

Financial aid will not be disbursed to anyone until he or she has been fully admitted as a student and all admission requirements have been met and approved by the administration.

Liberty University, as permitted by federal regulation [34 CFR 668.41], electronically disseminates consumer information, including the Jeanne Clery Disclosure of Campus Security Policy and Campus Crime Statistics Act information. Upon request, the institution will provide a free paper copy. Anyone signing or processing financial aid forms or seeking information or assistance at Liberty University must read, understand, and comply with the requirements disclosed, which are available 24 hours a day at https://www.liberty.edu/student-financial-services/consumer-information/.

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9.7 Financial Aid and Debt Management Counseling

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