POLICY:
Tuition is subject to change annually. Tuition for each academic year is published in the College Catalog along with additional fees to cover health/recreational, technology, and other needs. Tuition for an academic year is split over two semesters and is due on the first day of each semester. Idaho College of Osteopathic Medicine’s Dean reserves the right to change the schedule of tuition and fees without advance notice, and to make such changes applicable to present, as well as future, students of ICOM. The Dean may also establish additional fees or charges for special services whenever, in the Dean’s opinion, such actions are deemed advisable.
Students receiving aid or scholarships that have not arrived by the beginning of the academic year must have written assurance that the funds are approved and receivable to ICOM. Students must pay any outstanding tuition and fees when those funds are distributed before any remaining aid is refunded.
ICOM accepts payments from student financial aid and third party scholarships. However, the responsibility of payments remains with the Student for any unpaid balances. Students are responsible for using ICOM’s student information system, Sonis, for keeping track of outstanding account balances. Students are responsible for checking their ICOM email regularly and updating any address changes so that all correspondence is received in a timely manner.
Students that withdraw after the stated refund policy dates remain liable for the amount of tuition and fees due based on the refund policy Collection costs may be applied and are the responsibility of the student.
For a student to continue to progress from year to year there should be no billing holds on the student account. Any outstanding balances must be cleared prior to registration.
All inquiries about financial aid should be directed to ICOM Office of Financial Aid. All requests for refund information including the timeframe should be directed to the ICOM Bursar.
Fees
All students are assessed an annual fee of $2,500. The fee is split over two semesters and due on the first day of each semester. This fee covers the cost of laboratory fees,, computer (software and maintenance), professional organization membership, student activities, technology, and health services. The Idaho College of Osteopathic Medicine’s Dean reserves the right to change this fee schedule without notice.
Upon completion of the Withdrawal Form, ICOM Registrar’s Office updates class registration as a withdrawal from the Idaho College of Osteopathic Medicine denoting the “Withdrawal Effective Date” provided on the form.
ICOM’s Department of Finance and Administration (Business Office) along with the Office Financial Aid receives verification that all classes have been updated accordingly and then recalculates student tuition and fee charges and aid earned. Note that the date of withdrawal may require a return of federal and/or other funds and create a balance owed by the student to ICOM and/or the federal government or other aid source.
In accordance with Title 38 US Code 3679(e), this educational institution adopts the following additional provisions for any students using U.S. Department of Veterans Affairs (VA) Post-9/11 GI Bill® (Ch. 33) or Vocational Rehabilitation & Employment (Ch. 31) benefits, while payment to the institution is pending from VA. This educational institution will not:
• Prevent the student’s enrollment;
• Assess a late penalty fee to the student;
• Require the student to secure alternative or additional funding;
• Deny the student access to any resources (access to classes, libraries, or other institutional facilities) available to other students who have satisfied their tuition and fee bills to the institution.
However, to qualify for this provision, such students may be required to: • Produce the VA Certificate of Eligibility (COE) by the first day of class; • Provide a written request to be certified; • Provide additional information needed to properly certify the enrollment as described in other institutional policies
*GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs (VA). More information about education benefits offered by VA is available at the official U.S. government website at https://www.benefits.va.gov/gibill.
POLICY OWNER:
Chief Financial Officer
APPROVAL:
Effective: 1/1/23
Last Reviewed: 6/12/23
Review Requirement: 5 Years