Financial Aid for School of Optometry

25/26 Aid Year

Estimated Direct Program Costs

These costs are billed directly to the student and are payable to the University.

OD 1 OD 2 OD 3 OD 4
Tuition $45,500 $45,500 $45,500 $45,500
Fees $700 $728 $785 $500
Equipment & Computer Expense $5,565 $6,010 $200 $200

 

Additional Outside Cost To Be Purchased

These costs are not billed to the student but are a part of the cost of attendance budget and students may borrow for these costs if they choose.

OD 1 OD 2 OD 3 OD 4
Board & Licensing Fees - - - $600.00
Books (estimated) $425 $500 $275 -
Professional Attire $180 $180 $180 $180
Background Check, Castle Branch & CPR Certification $50 - $100 -
Health Insurance (optional) $2,996 $2,996 $2,996 $2,996
Total $3,651 $3,676 $3,551 $3,776

 

Additional Budget Items To Consider

These costs are not billed to the student but are a part of the cost of attendance and living expense budget.  Students may borrow for these costs if they choose.

OD 1 OD 2 OD 3 OD 4
Loan Fees (estimated) $2,178 $2,178 $2,178 $2,178
Housing & Food $19,536 $19,536 $19,536 $19,536
Travel/Transportation $3,984 $3,984 $3,984 $3,984
Personal Expenses $12,672 $12,672 $12,672 $12,672
Total $38,370 $38,370 $38,370 $38,370

 

Financial Aid Award Example-  Tuition & Fees Only

OD 1 OD 2 OD 3  OD 4
Health Profession Loan (must be eligible; if not eligible, student will need a private loan) $15,000 $15,000 $15,000 $15,000
Unsubsidized Loan $36,765 $37,238 $31,485 $31,200
Private Loan - - - -
Total $51,765 $52,238 $46,485 $46,200

 

Financial Aid Award Example - Full Cost of Attendance

OD 1 OD 2 OD 3  OD 4
Health Profession Loan (must be eligible; if not eligible, student will need a private loan) $15,000 $15,000 $15,000 $15,000
Unsubsidized Loan $50,000 $50,000 $50,000 $50,000
Private Loan $28,786 $29,284 $23,406 $23,346
Total $93,786 $94,284 $88,406 $88,346

 

You can expect your financial aid award to match your full cost of attendance.  Adjustments or questions about tuition or financial aid should be directed to Angela Orlando at orlandan@udmercy.edu

Scholarships and Grants

Application Scholarships
American Academy of Optometry Foundation

AOA Foundation Dr. Larry J. Alexander Scholarship (third-year student) 
Loan Repayment Programs