Financial Assistance
The purpose of the Financial Aid Office at the University of Pikeville Kentucky College of Osteopathic Medicine (UP-KYCOM) is to provide counseling and assistance to medical students regarding securing funding to help meet the costs of medical education.
Although the KYCOM Financial Aid Office assists students with funding for their medical education, it is the student’s primary responsibility to secure this financing. This means that such things as supplying personal documentation, supplying family documentation, ensuring that a student qualifies for loans by having a favorable credit report and providing monies for prior commitments are the student’s obligations under the system.
All documents requested must be received before financial assistance will be processed.
Federal law requires that all students receiving financial assistance from Title IV and Title VII funds maintain satisfactory academic progress. KYCOM policy follows the academic standards that apply to all students receiving financial aid.
The academic progress of each student is monitored and evaluated at the end of each examination period by the Promotion and Matriculation Committee. This committee reviews the records to see if the student has fulfilled all academic requirements and has maintained the standards of ethical, moral, personal and professional conduct required for continued study of osteopathic medicine.
A student failing to meet one or more of the standards of progress may be placed on probation. While on probation, the student may receive financial aid for one enrollment period. At the end of that period, the student must be in good standing, or financial aid eligibility will be denied.
A student must be in good academic standing at the end of the summer term of the second year in order to receive financial aid while on clinical rotation. Financial aid will be withheld until the student is in good standing. The Financial Aid office will notify students who are ineligible for continued assistance and will provide them with information regarding their probationary status.