Cost & Financial Aid

Cost & Financial Aid

Tuition & Fees

Classroom Instruction – $180.00 per unit

Clinic Instruction – $18.00 per clinical hour

Total Estimated Program Cost – $65,550.00

 

Schedule of Tuition & Fees

Tuition

Didactic (classroom) Instruction $180.00 per unit
Clinical Instruction $18.00 per clinical hour

Mandatory Fees

Application fee $100
Application fee (non-matriculating student) $15
Registration Fee $100 per Quarter
Late Registration Fee, including for institutional exams $50
Late Tuition Payment Fee $100
Books, Supplies/Kits $800- $1,200
Clinic Entrance Exam $50 retake fee. Free the first time
Malpractice Insurance $45 per Quarter
Intern Business Cards $25
Graduation Examination $50
Transcript Fee* $10
Total Estimated Program Cost $65,550

Miscellaneous Fees

 
Return Check Fee $35
Duplicate ID Fee $10
Audit (didactic only) 50% of the total tuition for the course
Clinic Malpractice Insurance $45/quarter

Tuition Payment Policies

After registration and payment of the registration fee ($100.00), students must pay the tuition according to Wongu University’s tuition payment policies.

Tuition payments are due on the first business day of the third week of each quarter (unless a payment plan agreement is submitted by the student, no later than this date).

Tuition may be paid in installments according to the following guidelines:

  1. Tuition payment plan agreement is due on the first business day of the third week of each quarter.
  2. First payment is due upon submission of the payment plan.
  3. Second payment is due on the first business day of the fifth week of the quarter.
  4. Final payment is due on the first business day of the eighth week of the quarter.

A $100 late fee will be assessed if tuition is not paid in full or if a student has not submitted a payment plan agreement by the due date. Students who do not pay tuition as agreed, or who have a balance outstanding at the end of the quarter, will not be allowed to register for classes for the subsequent quarter until their previous balance is paid in full.

 

Types of Financial Aid

 

Direct Unsubsidized Loans

  • Fixed 5.31% Interest Rate for loans disbursed on or after July 1, 2016 and before July 1, 2017
    • You are responsible for paying the interest on a Direct Unsubsidized Loan during all periods.
    • If you choose not to pay the interest while you are in school and during grace periods and deferment or forbearance periods, your interest will accrue (accumulate) and be capitalized (that is, your interest will be added to the principal amount of your loan).

Direct Graduate PLUS Loans

  • Fixed 6.31% Interest Rate for loans disbursed on or after July 1, 2016 and before July 1, 2017
  • A credit check is required to determine if the borrower has an adverse credit history.

How to Apply for Financial Aid

 

  1. File a FAFSA

    • The FAFSA (Free Application for Federal Student Aid) can be used to determine if graduate students in the U.S. are eligible for financial aid. Completing the FAFSA is the first step in a student being considered for federal and state education aid programs. To complete the FAFSA online, you may go to the FAFSA website at: http://fafsa.gov/
      • Wongu University of Oriental Medicine Federal School ID Number: 042488

      • You will be required to create a Federal Student Aid ID, which has replaced the Federal Student Aid PIN
  2. After the FAFSA

    • Once your FAFSA is processed, the Federal Processor will send you a Student Aid Report (SAR). Review your SAR carefully. If you need to make changes or corrections, please follow the instructions on your SAR.
    • To process your financial aid, you must have applied to Wongu University of Oriental Medicine and provided your social security number on your admissions application. If you are eligible for financial aid, you will be able to meet with a Financial Aid Officer during the admissions process.
    • Your Financial Aid Officer will discuss the next steps in the process, including completing a Master Promissory Note, Entrance Counseling, and other financial aid paperwork as needed.
    • If the U.S. Department of Education selects your file for verification, the information on your FAFSA must be verified with the documents you submitted to the Financial Aid Office. Your file will be reviewed by a Financial Aid Officer. If the information on the documents you provided us is inconsistent with the information you reported on your FAFSA, you may receive a follow up letter informing you of the steps you will need to take in order for the awarding process to continue.

 

Title IV Code of Conduct

 

The Higher Education Opportunity Act (HEOA) requires educational institutions to develop and comply with a Code of Conduct. The code defines and prohibits conflicts of interest for financial aid personnel. Our financial aid officers, who have responsibilities with respect to student educational loans, are bound by and must comply with this Code of Conduct.

The staff of Wongu University of Oriental Medicine are committed to the highest standards of professional conduct and are expected to always maintain exemplary standards of professional conduct in all aspects of carrying out his or her responsibilities, including all dealings with any entities involved in any manner of student financial aid.

Our staff will refrain from taking any action he or she believes is contrary to law, regulation, or the best interests of the students that he or she serves. The financial aid staff’s number one priority is to serve and act in the best interest of Wongu University’s students. In pursuing this goal, employees and agents must remain cognizant of all federal and state regulations and institutional policies and remain in compliance with such regulations and policies, without limitation. The Code of Conduct also confirms that Wongu University of Oriental Medicine does not have preferred lender arrangements of any kind or a preferred lender list.

Wongu University and its employees certify the following:

  1. We will not enter into any revenue-sharing arrangement with any lender.
  2. No officer or employee of Wongu University of Oriental Medicine’s Financial Aid Office or any employee or agent who has responsibilities with respect to educational loans shall solicit or accept any gift from any lender, guarantor or servicer of educational loans.
  3. No officer or employee of Wongu University of Oriental Medicine’s Financial Aid Office or any employee or agent who has responsibilities with respect to educational loans shall accept any fee, payment, or other financial benefit as compensation from any lender or lender affiliate for any type of consulting arrangement or other contract to provide services to or on behalf of a lender relating to educational loans.
  4. The Institution will not steer any borrowers, including first-time borrowers, to particular lenders nor assign any borrower a lender through award packaging or other methods. The Institution will not refuse to certify or delay certification based on the borrower’s selection of a particular lender or guaranty agency.
  5. The Institution will not request or accept any offer of funds for a private loan, including funds for an opportunity pool loan, to students in exchange for providing concessions or promises to the lender for a specified number of loans made, insured, or guaranteed, a specified loan volume, or a preferred lender arrangement.
  6. The Institution will not request or accept from any lender any assistance with call center staffing or financial aid office staffing.
  7. No officer or employee of Wongu University of Oriental Medicine’s Financial Aid Office, or any employee or agent who otherwise has responsibilities with respect to educational loans, and who serves on an advisory board, commission, or group established by a lender, guarantor, or group of lenders or guarantors will receive anything of value from the lender, guarantor or group except for reimbursement of reasonable expenses incurred by serving on the board, commission, or group.

 

Other Financial Aid Resources