Applying for Financial Aid
Applying for financial aid can be overwhelming. If you are a first year medical student, the Office of Student Financial Services can help you navigate the financial aid process. Here you will find information and resources to help you get started.
Incoming First Year Students
Important Dates and Information
- 2021 – 2022 FAFSA is now open as of October 1st.
- You must complete the FAFSA application each year of medical school
- School code is G11282
- First-time federal student loan borrowers are required to complete online entrance loan counseling
- Fill out the Free Application for Federal Student Aid (FAFSA)
- Include the OSU College of Osteopathic Medicine's school code (G11282) in your FAFSA application
- The federal government processes your FAFSA and electronically sends the results to the Office of Student Affairs, provided you listed us as one of the schools to receive the results.
- You will receive a Student Aid Report (SAR) via email shortly after the federal processor receives your FAFSA. Review the SAR, make any corrections (follow instructions listed) and keep a copy for your records.
- The data you put on your FAFSA is put through a needs analysis formula called the Federal Methodology. The output of this formula is called the Expected Family Contribution (EFC). The lower your EFC, the more financial need you have.
- Keep copies of all federal income tax returns. It is possible that the Office of Student Affairs may need signed copies of your tax returns along with other information to complete the verification process.
- It is your responsibility to make certain the information reported on the FAFSA is correct. If you filed your FAFSA using estimated financial information and corrections are necessary, please make the needed changes when you receive your paper SAR and return to Central Processing Unit for re-processing.
- Our philosophy is to package aid according to federal standards and guidelines with the best interest of the student in mind. However, all students receiving assistance from sources other than this office must notify the financial aid office so the necessary adjustments can be made to the student aid package.
- If other campus-based aid is granted after the student receives notification from this office, that student"s aid package will be adjusted accordingly.
- You will receive an e-mail in early summer from the Financial Aid Office with instructions for applying for student loans for the upcoming school year. The e-mail will also contain a loan request form that you will need to complete and return to the Financial Aid Office.
- All new borrowers and current borrowers who are not currently set up on direct deposit may do so by going to OSU Office of the Bursar website and select the Refunds link on the left menu. Direct Deposit is a banking term used to refer to the transfer of funds that are paid directly to your checking or savings account rather than issuing you a paper check. Direct deposit will transfer any refund from your student loans (after tuition and fees have been paid to your bursar account) to your bank account within 48 hours. To obtain help with the bursar website please call (918) 594-8320.
- If you choose not to have Direct Deposit, your funds will be delivered by check and may take up to two weeks for delivery.
If you need assistance, please call:
- 1-800-4-FED-AID (1-800-433-3243)
- Office of Financial Aid: 918-561-1228