The Office of Financial Aid is committed to the success of each of our students. We encourage students to utilize all available resources in the process of managing their financial affairs and planning for their future. As an osteopathic medical student, the Commission on Osteopathic College Accreditation (COCA) requires each student to attend at least 2 financial wellness workshops. Workshops that meet the COCA requirement will be scheduled throughout each academic year and students will be notified by the Office of Financial Aid. We encourage our students to exceed this minimum and attend a variety of sessions while enrolled at Noorda-COM.
A variety of Financial Wellness resources and learning opportunities will be provided to students while attending Noorda-COM. These resources will include in-person workshops, webinars, modules, videos, articles, and websites. These resources will focus on debt management, credit, repayment/forgiveness programs, and financial planning.
Professional Judgment Procedure
The Financial Aid Administrator has the authority to exercise professional judgment, both before and after a student is awarded, if a student can document an extenuating circumstance warranting a change to data elements that may impact a student’s eligibility. Professional judgment may not be used to change the needs analysis formula (Cost of Attendance – Financial Resources = Need). The following are examples of extenuating circumstances graduate students experience that may qualify for a professional judgment adjustment to be considered:
In most instances, changes to income will not have an impact on the type or amount of aid that a Graduate /Professional student is offered and/or receives.
To request that aid be reviewed due to these or similar extenuating circumstances, the student must write a letter explaining in detail the reason for the request. Students are encouraged to talk with the Director of Financial Aid regarding their unique circumstance to identify if they would benefit from submitting a professional judgment request. Appropriate documentation will be required to document the student’s extenuating circumstance. For example, if a student is claiming excessive medical expenses, he/she may be required to produce a statement from their insurance company outlining claims and payments. Students will be notified of what reasonable documentation they will need to produce after the written appeal request has been reviewed.
The student must be currently enrolled to request a professional judgment review. Requests must be received by the Office of Financial Aid no later than 1 month prior to the last day of classes for the current academic year. All decisions are made on a case-by-case basis after reviewing the student’s individual circumstances. The student should be aware that while the college will attempt to make a final decision promptly, there may be instances where additional information is required which may delay the decision. The decision of the designated Financial Aid Administrator is final and cannot be appealed to the U.S. Department of Education.