Financial Aid & Tuition

Navigate the process with confidence.

Understanding your borrowing options is an important part of planning for medical school. Explore OCOM's private loan process, lender options, credit guidance and resources for managing your student loan debt.

Explore Loan Options

Before You Apply

OCOM students using private educational loans should understand the basic requirements and compare available loan options before beginning the application process.

01 — ELIGIBILITY

Be Admitted or Enrolled

To be eligible for private or alternative loan funds, students must be admitted or enrolled at OCOM and meet the lender's eligibility requirements.

02 — COMPARE

Review Your Options

Compare loan types, interest rates, origination fees, repayment terms, conditions and other lender requirements before borrowing.

03 — APPLY

Apply With Your Lender

Students initiate the private loan application electronically through the lender of their choice. OCOM then reviews eligibility and certifies approved loans.

Understanding Private Student Loans

OCOM partners with private student loan products that offer health professions loans for medical students. Private student loans are non-federal educational loans available through various national lending institutions.

Loan applications open annually for the next academic year on or around March 1. Because private loans are funded and administered by individual lenders, each lender establishes its own terms and conditions.

Compare before you borrow. OCOM strongly encourages students to educate themselves about the advantages and disadvantages of private student loans and carefully compare available options.

Compare These Features

Interest rates
Origination fees
Repayment terms
Loan conditions
Eligibility requirements
Cosigner requirements

OCOM Loan Application Platform

Compare private loans through ELMSelect.

ELMSelect is a transparent, lender-neutral and free service. Students can compare unbiased loan details, interest rates, repayment terms and eligibility requirements before deciding which private student loan to pursue.

Apply via ELMSelect See if you pre-qualify with Sallie Mae

Borrower Requirements

Before a private loan can be certified, students must meet OCOM and lender eligibility requirements.

01

Complete the Application

Complete the private loan application with the lender of your choice.

02

Meet OCOM Requirements

Be admitted or enrolled at OCOM and meet applicable institutional eligibility requirements.

03

Meet Lender Requirements

Meet the credit and other eligibility requirements established by your selected lender.

Financial Wellness

Build Your Financial Confidence

Financial literacy can help you understand credit, manage debt, create a budget and make informed decisions about borrowing throughout medical school and beyond.

Explore Financial Literacy

Repayment & Forgiveness Programs

Depending on your career path and service commitments, you may have opportunities to receive assistance with qualifying educational loan debt.

National Health Service Corps

The NHSC offers loan repayment options for primary care providers who work at approved community sites.

Explore NHSC →

State Loan Repayment Programs

State governments may offer loan repayment programs as an incentive for service. Resources are available through AAMC and NHSC.

AAMC Resources → NHSC Resources →

Indian Health Service

The IHS Loan Repayment Program offers qualified health professionals an opportunity to repay student loans while serving American Indian and Alaska Native communities.

Explore IHS →

Military Health Professions

Some branches of the U.S. military offer Health Professions Loan Repayment Programs. Terms and conditions vary by branch.

Air Force → Army → Navy →

National Institutes of Health

NIH loan repayment programs support health professionals pursuing qualifying biomedical, behavioral, social and clinical research careers.

Explore NIH →

Public Service Loan Forgiveness

Prior federal student loans may qualify for PSLF. OCOM does not currently offer federal student loans that would qualify for the program.

Learn About PSLF →

Important: Eligibility varies by program. Loan repayment and forgiveness programs have their own eligibility requirements, service obligations and application processes. Students should review the current requirements directly with each program.

AACOM Expands Financial Resources for Osteopathic Medical Students Through New Collaboration with Sallie Mae

Take the next step toward your future in medicine.

Learn more about OCOM, our admissions process, and what it means to become part of a growing community of future osteopathic physicians.

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ORLANDO COLLEGE OF OSTEOPATHIC MEDICINE