At AUSOMA, we believe that financial constraints should never stand in the way of achieving your academic dreams. To ensure that you can focus on your studies, we have partnered with TFC Tuition to offer a flexible financial aid solution tailored specifically for AUSOMA students. This unique line of credit is designed to cover tuition and fees for both Basic and Clinical Sciences, with the added convenience of a fixed monthly payment plan.
Credit Limit: Up to $115,000
Monthly Payments: Fixed between $500 – $1,500
Interest Rate: 9.75%, applied only to the amount used
No Prepayment Penalties
Manage Your Account Online
Initial Payment:
A one-time payment of $3,499, which covers:
● Application Fee
● Registration Fee
● USMLE Basic Science Review (Amboss)
● Immigration Processing Fee
● LC Setup Fee
First Month Payment:
$1,000 due at the start.
Monthly Payments:
● Basic Sciences: $1,000/month
● Clinical Rotations: $1,500/month*
Clinical Transition Payments:
● Year 3: $2,250
● Year 4: $2,250
(Covers Malpractice Insurance, Shelf Exams, and USMLE Clinical Science Review (Amboss))
Leave of Absence:
$500 monthly payments for students on a leave of absence.
(All payments are applied toward your line of credit balance.)
Apply and Get Approved:
Begin by applying for the line of credit and getting approved.
Tuition & Fees:
Each semester, your tuition and fees are applied to your line of credit.
Interest:
Interest will accrue on any outstanding balance.
Monthly Payments:
You’ll make monthly payments to reduce your balance
Graduation:
After graduation, there’s a six-month deferral period before repayment begins.
Repayment:
The outstanding balance is due over the next 6 – 8 years.
To qualify for this financial product, you must meet the following criteria:
● Academic Standing: GPA, MCAT score, and other relevant academic achievements.
● Patient Care Hours: Experience through shadowing, volunteering, or other clinical exposure.
● Credit Score: Minimum score of 600.
Let us help you focus on what matters most—your education. See if you qualify for our institutional loan. Get started today!