Accounting & Budget Office

Where the Money Goes
Learn more about how tuition and other revenue is used at NEOMED.

University Fee Register

Cost of Attendance

NEOMED is required by federal Regulation to develop standard budgets that include typical educational expenses. These include direct educational expenses such as tuition, fees, books and supplies, and indirect costs such as room, board, transportation and miscellaneous personal expenses. The budget also indicates the maximum amount of financial aid a student may receive for a given academic year.

Determining the student budget is a collaborative effort across campus. The Office of Enrollment Services compiles amounts from multiple offices to determine direct educational expenses, whereas the Office utilizes information from the Bureau of Labor Statistics to determine indirect educational expenses.

Budget Adjustment

In some cases a student’s budget can be increased due to extraordinary circumstances. Any student who experiences a hardship should consult the financial aid office to see if a budget adjustment can be granted based on their circumstances. Students should review the University’s policy and complete the request form. The policy includes procedures on required documentation. The policy and request form can be located in the financial aid resource library.

Tuition & Fees

Tuition and fees are established yearly at the spring Board of Trustees meeting. Charges are issued by the Accounting and Budget Department. All students will be notified of charges and payment methods prior to the start of each term. NEOMED has established flat rate billing for the College of Medicine and Pharmacy and charges by the credit for the College of Graduate Studies. For a detailed breakdown of charges, please consult our budget worksheets below.

Tuition and fees will appear in categories on a students’s tuition statement online in Banner Self-Service. For a full detailed listing of all charges that are associated with each category, please consult the detailed fee assessment chart below. Please note that this assessment also compares the rate of changes in fees from the 2017-2018 and the 2018-2019 academic year

Students admitted as a non-Ohio resident will be assessed a non-resident surcharge and are eligible to apply for reclassification as a state resident for tuition purposes. The student must provide documentation of residency in the state of Ohio for one calendar year as well as financial independence from all outside state sources in addition to other documentation. More information on the Ohio residency reclassification can be found on the University’s Registrar website.

Tuition/Financial Aid Recalculation Schedule

When a student declares a leave of absence or withdrawals from classes during the academic year a portion of the tuition charged to them may be eligible for a refund. In addition, all financial aid disbursed is subject to be returned based on the date of last attendance. All fees are non-refundable after the first day of classes. For the detailed policy, please see the NEOMED Compass*.

Questions on Tuition & Fees?

Jacalyn Kovach
Asst Director of Accounting
Phone: 330.325.6369
Email: jkovach1@neomed.edu

Questions on Cost of Attendance & Budget Adjustment?

NEOMED Financial Aid Office
Phone: 330.325.6286
Email: finaid@neomed.edu