Financial Aid
Last updated: January 17th, 2023 at 10:55 am
Student Financial Services personnel are available to counsel prospective students seeking assistance and will provide information about the types of aid available and debt management strategies for those who qualify. All medical students who receive financial aid are required to complete one-on-one entrance and exit interviews with SFS financial aid staff.
Types of Financial Aid
• WAUSM Scholarships: These awards are offered at the time of admission and are not repaid.
• External Grants and/or Scholarships: These are grants and scholarships awarded to students by outside agencies. Sallie Mae offers a Graduate School Scholarship Search tool that utilizes your field of study, skills, and interests to match students with available scholarships. To find other scholarships, search online on sites such as Niche, College Board Scholarship Search, and Scholly, and make sure to network! Reach out to local organizations and hospitals.
• Private Student Loans: Private student loans are credit-based and available through multiple lending institutions, including Sallie Mae for U.S. students and CIBC, Scotia Bank, and RBC for Canadian students, which offers loans specifically designed for medical students. US citizens and permanent residents are eligible to apply. Detailed information about the Sallie Mae Medical School Loan can be found here.
Questions? Please contact the Office of Student Financial Services by emailing [email protected] or calling 954-998-0916.
| COA Component | Example Cost: Pre-clerkship Semester (4 months) |
| Medical School Tuition | $20,750 |
| Health Insurance and Miscellaneous External Fees | $2,000** |
| Room and Board | $8,000 |
| Books & Supplies | $500 |
| Transportation | $1,500 |
| Personal Expenses | $1,000 |
| Totals | $33,750 |
| SELECT Scholarship Awarded to ALL Students (Covers Full First-Semester Tuition) |
**Students are required to have comprehensive health coverage and may elect to buy a student health insurance policy provided by Cigna should they require it. Students must apply for a student visa to reside in The Bahamas. The visa is valid for 24 months and the cost is charged by the Bahamas government. External miscellaneous fees may also include printing fees, immunization tracking, student visa fee, and the background check fee. Please note that there is an allowance in the living expenses for these fees.
| COA Component | Example Cost: Clerkship Semester (4 months) |
|---|---|
| Medical School Tuition | $22,750 |
| Health Insurance and Miscellaneous External Fees | $2,000** |
| Room and Board | $8,000 |
| Books & Supplies | $500 |
| Transportation | $1,500 |
| Personal Expenses | $1,000 |
| Totals | $35,750 |
**Students are required to have comprehensive health coverage and may elect to buy a student health insurance policy provided by Cigna should they require it. External miscellaneous fees may also include printing fees, immunization tracking, student visa fee, and the background check fee. Please note that there is an allowance in the living expenses for these fees.
2023
ACADEMIC CATALOG
The academic catalog describes the educational program and activities available at WAUSM. WAUSM’s curriculum is designed to build a solid foundation and positions students for success.
2023
STUDENT HANDBOOK
The information contained in the student handbook serves as a guide for students throughout their academic, clinical, and extracurricular life as members of the WAUSM community.