Financing your Education at LUCOM
The Financial Aid Office at Liberty University College of Osteopathic Medicine (LUCOM) is here to help you finance your medical education during your time at LUCOM. As a participant in various federal aid programs, LUCOM can help you in several ways.
What You Need to Know
- Student-doctors typically finance their medical education with a combination of scholarships, service agreements, loans, or other forms of federal, state, and outside aid.
- In the final year of medical school and after graduation, student-doctors often pursue loan repayment and forgiveness programs directed toward service in health-profession-shortage areas, public service, or other federal, state, and private programs.
- The Financial Aid Office provides group financial aid counseling every year and is available for individual counseling as needed throughout the year. Additionally, the LUCOM Financial Aid Office offers tailored one-on-one debt management counseling to all student-doctors during the final year of medical school.
- To maintain eligibility for financial aid, student-doctors must maintain Satisfactory Academic Progress (SAP) each semester.
Getting Started: Four Steps to Financial Aid
In preparing for medical school it is wise to begin the financial aid process as early as possible in order to secure the best funding for your education. This is especially true when it comes to competing for scholarships. The process of securing funding for your medical education can be broken down into four simple steps:
1. Complete the FAFSA: Complete your FAFSA at fafsa.ed.gov with your FSA ID and with Liberty’s school code (010392). You must complete the FAFSA to be considered for federal and institutional aid.
3. Apply for Loans: Learn about and apply for federal and private loans.
4. Complete Financial Check-In: Once you have submitted all requested documents and your financial aid is ready, log into ASIST and complete Financial Check-In (FCI) before each term’s deadline to secure classes and avoid a late check-in fee. For step-by-step guidance and more information about FCI, please visit Financial Check-In Resources.
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 Liberty.edu/consumerinfo.