Applying for OSAP – Open to all students

Provides information regarding provincial loans, private lines of credit, and scholarships and awards.

View Financial Aid Information Presentation.

Financial Wellness

Comparative analysis of the NOSM Medical Students cost of living and typical expenses – Open to all students

Applying for NOSM Bursaries

How to session for the NOSM Bursary application form – Open to all students

View 2018-2019 Bursary Application Information Presentation

Graduating With Debt

Presentation focuses on the various programs available to help pay down a student loan. This is for students who have a loan with Canada Student Loans/National Student Loans.

Terry Oja

Financial Aid Officer

Learner Affairs and Equity

807-766-7474

Email: financialaid@nosm.ca

If you are in receipt of OSAP then you will have a student loan held with Canada Student Loans/National Student Loans Service Centre (NSLSC).

To payback your Student Loan, you will need to first REGISTER WITH NSLSC. You may want to bookmark that page, register, and save your password.

You may choose to either keep your loan with the NSLC or consolidate it and flip it over to a line of credit. Please note, if you intend on applying for the “Canada Student Loan forgiveness for family doctors and nurses“, you must keep your loan with the NSLSC.

Your NOSM tuition and required ancillary fees are shown in the chart below.

Payment of all tuition, ancillary, residence/meal plans etc. (if applicable) are to be made to the host university directly. For example, if you are attending NOSM at Laurentian University, you will make your payments to Laurentian University and if you are attending NOSM at Lakehead University, you will make your payments to Lakehead University.

Lakehead University Fees 2019-2020

Ancillary Fees

Payment at NOSM at Lakehead University

Student Fees Payment Methods and Account Information can be found online or at the Financial Services Office, University Centre, Room 0002A.

Your Lakehead University issued Student ID# will be required to remit your fees in person. Please note, this is not your NOSM ID # that starts with 10#####.

Lakehead University Payment Due Dates 

August 15, 2019

Undergraduate Students pay in Full, Or First installment of 2019FW.

December 16, 2019

All remaining balances due for undergraduate students. Second installment is due.

Late Payment of Student Fees

Any student with a balance owing after a payment due date will not be eligible to receive a Letter of Good Standing until the amount owing is zero. Any student with a balance owing after four weeks past a payment due date will be in breach of the NOSM Code of Student Conduct, section 1.3 Responsibility, and will have this breach recorded on his or her Medical Student Performance Record.

The host university, Lakehead, reserves the right to cancel a student’s registration if the required fees are not paid according to the payment deadline dates. Students will not have access to final grades, official transcripts, and degree certificates until all money owing is paid.

Refund Schedule

At registration, a total of fees is calculated and charged to your student account. Refunds are based on total fees charged, not on the amount that has been paid. Compulsory ancillary fees are non-refundable once the academic year has begun. In the case of withdrawal, the amount credited to your student account will be based on the following schedule:

Your NOSM tuition and required ancillary fees are shown in the chart below.

Payment of all tuition, ancillary, residence/meal plans etc. (if applicable) are to be made to the host university directly. For example, if you are attending NOSM at Laurentian University, you will make your payments to Laurentian University.

Laurentian University Fees 2019-2020

Incidental Fees – Students General Association (SGA)

Incidental Fees – Association des étudiantes et étudiants francophones (AEF)

Payment at NOSM at Laurentian University

Student Fees Payment Methods and Account Information can be found online or at the Parker Tower, 1st Floor, R.D., P-111.

Your Laurentian University issued Student ID# will be required to remit your fees. Please note, this is not your NOSM ID # that starts with 10#####.

Laurentian University Payment Due Dates 

August 9, 2019

Undergraduate Students pay in Full, Or First installment of 2019FW.  (NOTE EXCEPTION: 1st year Laurentian students only: September 4, 2019 due date)

December 13, 2019

All remaining balances due for undergraduate students.  Second installment is due.

Late Payment of Student Fees

Any student with a balance owing after a payment due date will not be eligible to receive a Letter of Good Standing until the amount owing is zero. Any student with a balance owing after four weeks past a payment due date will be in breach of the NOSM Code of Student Conduct, section 1.3 Responsibility, and will have this breach recorded on his or her Medical Student Performance Record.

The host university, Laurentian, reserves the right to cancel a student’s registration if the required fees are not paid according to the payment deadline dates. Students will not have access to final grades, official transcripts, and degree certificates until all money owing is paid.

Refund Schedule

At registration, a total of fees is calculated and charged to your student account. Refunds are based on total fees charged, not on the amount that has been paid. Compulsory incidental fees are non-refundable once the academic year has begun. In the case of withdrawal, the amount credited to your student account will be based on the following schedule:

The estimated total cost for the first year of schooling at the Northern Ontario School of Medicine for 2019-2020 for a single student, with no dependents, is approximately $57,500 (*subject to change). This total includes tuition, ancillary fees, books, equipment, etc. plus living expenses.

We know that living expenses can be expensive. The following mechanisms are currently in place to minimize the impact of direct educational expenses for NOSM students:

• In first and second year, accommodations and travel reimbursements are provided for modules that are completed outside of the students’ home campus.
• The third year of medical education at NOSM is a comprehensive community clerkship (CCC) in a community outside Sudbury and Thunder Bay. Students may be eligible for reimbursement for up to $9,000 (*subject to change) through NOSM on behalf of the Ministry of Health and Long-Term Care fund, in recognition of the costs incurred during their time at a new community.
• Fourth year at NOSM is a clerkship which includes core rotations at the hospitals in Sudbury or Thunder Bay and electives (as required). Students may be eligible to participate in the Clerkship Stipend Program (Known publically as the Final Year Medical Student Bursary Program-FYMB) through NOSM on behalf of the Ministry of Health and Long-Term Care which provides $9,000 (provided in quarterly payments of $2,250 *subject to change) stipend for their final year of medical school. Information on this program will be provided when you enter your final year.

As a registered undergraduate Medical Doctor Program full-time student at either Lakehead University or Laurentian University, you have paid for, and are entitled to, all of the services that any full-time undergraduate student enjoys as a member of the university student union/association. Part of the fees you have paid include charges that go toward the student union/association sponsored Health Plan. Upon review of the health plan you may find that you have comparable coverage already in place. If this is the case and you meet all of the conditions, you may elect to waive the health plan coverage at the university campus at which you are registered.

To do this, you must contact the student union/association at the university so that you may complete an Opt-out Form. This will result in a refund of fees you have paid in support of the health plan. The deadline date to Opt-out of the Health Plan is late September. Please check with the campus student union/association for Final Opt-out Date information.

You are advised to contact the Lakehead University Student Union at 807-343-8259, or the Laurentian University Students’ General Association at 705-675-1151 ext.1064 directly for more information on the Health Plan and other services they provide.

Every province and territory has a student aid/assistance program. Students may be eligible for provincial student loans from their province of residence. Each province or territory assesses applications, student need, and eligibility based on their own regulations. In Ontario, the program is commonly called OSAP (Ontario Student Assistance Program). For more information, kindly visit the OSAP website.

There are some important points to remember when considering applying for government student loans:

• You must be a Canadian Citizen or have Landed Immigrant status to be eligible for government-funded student loans.
• Student loans are real loans that need to be maintained and repaid. It is your responsibility to manage any and all of your student loans through all stages of borrowing.
• Most student loans are intended to supplement a student’s financial resources; therefore, actual loan entitlements may not cover all expenses.
• You must be enrolled in approved post-secondary programs and taking a minimum percentage of a full-time course load (e.g. 60% for OSAP) to be eligible for student loans.

Ontario residents should contact the Financial Aid Officer at NOSM for further information.

Out-of-province students should contact their applicable provincial student assistance program office for further information on government student loans.

Provincial and Territorial Contact Information

Donor funded awards are made possible by the generosity of NOSM alumni, corporations, foundations and other friends of the school.  For a comprehensive listing of all current donor-funded awards available to NOSM students, please visit our Donor Funded Awards and Bursaries page.

Support of student financial aid furthers the goals of NOSM students and the communities served by the School. The School’s Bursary Fund provides financial aid to medical students to help reduce the debt at the end of their training.

Indigenous Awards, Bursaries and Scholarships

• Indigenous Bursary System (Government of Canada)
• Indigenous Bursary Search Tool
• The Canadian Medical Foundation
• Metis Nation of Ontario
• Indspire
• Post-Secondary Student Support Program – PSSSP
• College of Family Physicians of Canada (CFPC) – Indigenous Medical Student Scholarship

Francophone Awards, Bursaries and Scholarships

• Fondation Baxter & Alma Ricard

Open Awards, Bursaries and Scholarships

• OMA Medical Student Bursary Fund
• Northern and Rural Recruitment and Retention Initiative
• RBC Scholarships for First Year Medical and Dental Students
• The Canadian Medical Foundation
• City of Thunder Bay Medical Student Award
• College of Family Physicians of Canada – Opportunities for Medical Students

Other Awards, Bursaries and Scholarships

• Student Awards
• Health Force Ontario – Clerkship Travel Program
• CanLearn – Canada Student Loan Forgiveness for Family Doctors and Nurses
• American Osler Society – William B Bean Student Research Award
• Storwell – Foster Child Bursary Program
• Canadian Armed Forces – Medical Officer program
• Janine Williams Memorial Scholarship