Medical School Tuition, Financial Aid & Scholarships

Several options may be available. Canadian students may be eligible for loans through the Canadian government and/or private loan programs. Please refer to the Financial Planning Guide for Canadian Students, which is available online: Download the AUC Canadian Financial Planning Guide. Other Foreign Nationals may be eligible for assistance in their country

You can apply by logging on to https://studentaid.gov/h/apply-for-aid/fafsa. US citizens, permanent residents and eligible non-citizens must complete the Free Application for Federal Student Aid (FAFSA_^®). When completing the FAFSA, be sure to include the appropriate school code for American University of the Caribbean School of Medicine: G22444. After your FAFSA has been processed by the Department of Education, you may be required to submit additional information, such as citizenship documentation. The Office of Student Finance will notify you if you are required to submit additional information.

Note: The AUC program at UCLan in Preston, UK is a unique and exciting opportunity for non-U.S. students pursuing a medical education. It is important to note that AUC’s UCLan track MD program, including all clinical clerkships, is not eligible for U.S. federal student aid.  Thus, students are not eligible for U.S. federal financial aid through the U.S. Department of Education (typically referred to as Title IV aid). We encourage UCLan students to explore alternative funding options, such as private loans or scholarships, to support your educational journey. Our financial aid team is here to assist you with any questions or help guide you through the process of exploring other resources. 

Types of Federal Direct Loans that may be available are the Federal Direct Graduate PLUS Loan and the Federal Direct Unsubsidized Loan. US citizens, permanent residents and eligible non-citizens must file the Free Application for Federal Student Aid® (FAFSA) to determine their eligibility for a Federal Direct Loan. Once the Office of Student Finance has received your FAFSA information from the US Department of Education, we will determine your eligibility for the types of student loans listed below. Interest rates on federal student loans are based on the 10-year Treasury note plus a set percentage established by federal law. Visit https://studentaid.gov/understandaid/types/loans/interest-rates to find current interest rates.

Federal Direct Unsubsidized Loan

This is a non-need-based federal loan with a limit of $10,250 per semester. The Department of Education charges an origination fee on the funds disbursed. Visit https://studentaid.gov/understand-aid/types/loans/interest-rates to find current interest rates and loan fees. 

Federal Direct Graduate PLUS Loan

This is a non-need-based federal loan which the student can borrow up to the cost of attendance, less other aid. The Federal Direct Graduate PLUS is a credit based loan. If a student does not have remaining eligibility for the Federal Direct Unsubsidized Loan(s) because he or she has reached the maximum aggregate Federal Direct Loan limit of $138,500, or academic year limit of $20,500, approved borrowers may be eligible for the Federal Direct Graduate PLUS Loan program up to their cost of attendance. Visit https://studentaid.gov/understand-aid/types/loans/interest-rates to find current interest rates and loan fees. The federal government does not offer any grants or scholarships for graduate students.

Note: The AUC program at UCLan in Preston, UK is not eligible for U.S. federal student aid (Title IV). Students should consider alternative funding options, such as private loans or scholarships. The financial aid team is available to assist with questions or other funding options 

You may receive financial aid up to the total cost of attendance. For additional information on AUC's cost of attendance, please visit https://www.aucmed.edu/media/12766/cost-of-attendance.

The cost of attendance is an estimate of the educational cost for the academic year. It is intended to cover education related expenses such as tuition, fees, books, course material, supplies, equipment, food, housing, health insurance, transportation, exam fees, personal expenses, residency travel and loan fees. Your total financial aid package, including scholarships, grants, tuition waivers, federal loans, and private loans, cannot exceed this amount.

Note: The AUC program at UCLan in Preston, UK is not eligible for U.S. federal student aid (Title IV). Students should consider alternative funding options, such as private loans or scholarships. The financial aid team is available to assist with questions or other funding options

You may receive your credit balance at the start of your semester. The tuition and fees are deducted from the loan proceeds received from the Department of Education. The excess loan proceeds are intended for books, course materials, supplies, and equipment, food and housing, transportation, and personal expenses. The credit balance will be available at the start of your semester if all requirements are completed 2 weeks prior to the semester start. You can receive the credit balance via paper check or direct deposit to a US bank account. You will receive an email to sign up for the direct deposit option approximately 3 weeks prior to the semester start. It is important to borrow only what you will need since interest starts accruing on all loans as soon as they are disbursed. You may also return any unused portion of your credit balance to the lender within 120 days of disbursement. The lender will backdate the interest on the portion of the loan returned.

Completing the necessary forms will expedite your award. If you completed the Free Application for Federal Student Aid (FAFSA) and submitted all documents requested by the Office of Student Finance, you will receive your financial aid award letter and loan instructions 2-3 weeks from the date that you are admitted and your financial aid application is complete, but no earlier than three months prior to the start of the term for which you have been admitted. For example, a student who has been admitted for the Spring term may receive his or her financial aid award letter as early as October. If you haven’t completed the FAFSA, please do so as soon as possible at https://studentaid.gov/h/apply-for-aid/fafsa. 

The US Department of Education will send your loan funds directly to the Office of Student Finance.

The loan funds will be credited to your student account to pay any outstanding balance. Any excess funds will create a credit balance in your student account and the Office of Student Finance will process a credit balance payment to you. You may use this credit balance payment to pay for books, transportation, living expenses or other personal expenses. If you expect to receive financial aid from an outside agency, such as a scholarship from a nonprofit organization, you should instruct them to send the funds to the following address:

American University of the Caribbean School of Medicine
AUC School of Medicine BV
PO Box 74007517
Chicago, IL 60674-7517

Yes You may request an increase in your cost of attendance to cover the purchase of a new computer up to $1,500. You must submit a request in writing to the Office of Student Finance. Your request must include proof of purchase, such as a receipt or invoice that includes the purchase amount. If your request is approved, the Office of Student Finance will increase the amount of your Federal Direct Graduate PLUS Loan or alternative loan up to the full cost of your computer purchase. We cannot increase your Federal Direct Unsubsidized Loan.

Please note: You may only receive a cost of attendance increase for the purchase of a computer once during your education at AUC. If you received a cost of attendance increase for a computer in the past you may not request another one.

An enrollment verification letter can be sent to your lenders or servicers to apply for an in school deferment for federal Direct Loans. Once you have begun classes at AUC, you may contact the Office of the Registrar at aucregistrar@aucmed.edu to request an enrollment verification letter to provide to your lender or servicer as proof of enrollment for loan deferment purposes. Loan deferment forms can be submitted to the Campus Registrar in St. Maarten for processing.

There are several options to make payments. TouchNet is our new payment system for making ACH & credit card payments. To access TouchNet payment options, please visit the MyAUC Portal at my.aucmed.edu. 

PayMyTuition by MTFX Payments

For international payments, AUC has partnered up with PayMyTuition by MTFX. PayMyTuition is simple and easy to use. Simply choose your preferred payment method — bank transfer or credit card — and receive detailed instructions. To make a payment to the AUC, please go to https://www.paymytuition.com/paynow/aucmed.

You may also make payments to the Business Office on campus or you may send your payment via mail. Make your check, money order or traveler’s check payable in US dollars to American University of the Caribbean School of Medicine.

Mail to:

American University of the Caribbean School of Medicine
AUC School of Medicine BV
PO Box 74007517
Chicago, IL 60674-7517

If you cannot pay in full, you may set up a payment plan that would allow you pay in three monthly installments. The payment plan must be set up prior to or at check-in on campus. To set up a payment plan through TouchNet, please log into the MyAUC Portal. If you have any additional questions, please email accounts@aucmed.edu or contact us directly at 732-509-9027.