Financial Aid

The Seattle Institute of Oriental Medicine participates in the William D. Ford Federal Direct Loan (Direct Loan) Program. Students can learn more about Direct Loans at http://www.direct.ed.gov.

Interest rates are currently 6.8% for Unsubsidized Stafford Loans and 7.9% for Direct PLUS Loans.

Students in the M.Ac.O.M. and the M.Ac. programs may borrow up to the estimated cost of education(CEB), which covers tuition, books, room, board, transportation, and personal expenses for each academic year. Depending upon eligibility, students may borrow up to $20,500 in unsubsidized Direct Loans. Any remaining need, up to the Cost-of-Education Budget (CEB), which is set annually, can be met with a Direct PLUS loan. We encourage students to calculate their budgets based on individual needs and borrow only the necessary amount to fund their education.

Financial aid is disbursed each trimester. Students will be issued their financial aid in excess of their tuition for the trimester, normally by the 1st Friday of each term. To make adjustments to current award packages, students must submit their request at least 8 weeks prior to the scheduled upcoming disbursement date. Contact the Financial Aid Office if you have any questions.