Financial Aid

Changes to the Direct Loan Program in response to the COVID-19 Pandemic.

Learn more.

Establishment of the Cost of Attendance

To determine your aid eligibility, the Office of Financial Aid determines how much attending the University will cost in a given year. We take direct costs (tuition and other university fees) and add them to estimated indirect costs (books, technology and supplies, transportation, credentialing, housing and other personal expenses). The result is a standard academic year’s Cost of Attendance for a full-time student.

For personal budgeting tips, students are able to use funds allocated for indirect education expenses for reasonable education related expenses. Students are not billed by the University for these expenses (with the exception of elected medical insurance coverage through the University). Students relying on financial aid to assist with these expenses need to factor these expenses financial aid refunds. Your actual expenses may be more or less than the average estimates used. Financial Aid is available to assist students with indirect educational expenses, aid is not meant to cover all indirect costs.

Students who are experiencing extraordinary financial hardships are encouraged to review the Request for Reconsideration (outlined in the Financial Aid section of The Compass) to see if their expenses qualify for an adjustment. A copy of the policy and appeal form is located on the Financial Aid website.

In addition, your cost of attendance may differ than what is presented, depending on the Federal Direct loan funds you may borrow. Students not electing to borrow a Federal Direct Loan will see the loan fee deducted from their overall Cost of Attendance.

Costs for each University College are divided into three different groups:

  • State resident, where the student indicated that they would be living off or on campus on the FAFSA form.
  • State resident, where the student indicated that they would be living with their parent(s) on the FAFSA form.
  • Non-Ohio resident Cost of Attendance.


NEOMED Financial Aid
Phone: 330.325.6286


Location: B-206
Hours: 8 a.m. to 5 p.m, Monday through Friday

Scholarships & financial Aid

Office of Financial Aid