Managing Your Finances

Prospective and current students can view their tuition/fee account charges, pay balances, view financial aid and accept/decline financial aid offers by logging into their account from the Student Portal. Instructions and links are provided via email notifications from our office. Direct Deposit and Payment Plan forms are posted on the Student Portal (login required) and made available to prospective students during their pre-matriculation period. 

After students submit a Free Application for Federal Student Aid (FAFSA) and complete any outstanding requirements, a financial aid offer is emailed from our office. Students are not required to actively accept institutional scholarships but must actively accept or decline offers of federal student loans. 

Student Account Information (Login Required)

  • Select "Billing Detail Summary" from the "Financials" tab to check your balance or make a payment. 
  • Click on the "Financials" tab to view financial aid offers, accept or decline aid, or view missing documents.

Adjustments to Tuition/Fee Charges

Tuition, books, and other charges are generally billed one week prior to term start dates. Billing statements are adjusted as needed to reflect any additional charges that are incurred during a term.

Account Payments and Refunds  

  • Students who receive sufficient financial aid to cover charges each term are not required to make online payments. Their balance will be paid at the time financial aid is disbursed to their account.
  • If a financial aid disbursement creates a credit on the account, the excess funds will be issued to the student within 14 days of the date the funds are credited.
  • If a financial aid disbursement does not cover the full amount due, the student is expected to pay the remaining balance by posted due dates each term.

Requesting a Payment Plan (for MD students only)

A payment plan is available to MD students who pay their account balances from personal sources in lieu of borrowing federal or private/alternative student loans. The plan divides the charges into two equal payments per term instead of a single payment: the first payment is due by the posted due date for each term, and the second payment is due within four weeks of the first payment.

To request a payment plan, students submit a Payment Plan Agreement form as part of pre-matriculation requirements for new MD students and during pre-registration for continuing MD students.

Setting Up Direct Deposit

Students who have a credit balance on their account after tuition/fee charges are paid receive the excess funds to use for living- and other education-related expenses. Direct Deposit is the quickest and safest way to receive funds from WMed. Students submit a Direct Deposit form as part of pre-matriculation requirements and then as needed if their bank account information changes. Students must be a signatory on the bank account and are responsible for keeping their account information current to avoid delays in receiving funds.

Funds Disbursement  

Refer to the following Financial Aid Disbursement calendars for estimated dates that payments are due, financial aid is disbursed, and refunds of credit balances are issued. The dates listed are the earliest possible dates based on the start dates of each term. Disbursements and refunds continue on a rolling basis as students become eligible. Students can use these dates to plan for their refunds and budget their monthly expenses.

  • Class of 2024
      2020-2021 2021-2022 2022-2023 2023-2024
      M1 M2 M3 M4
      Term 1 Term 2 Term 1 Term 2 Term 1 Term 2 Term 1 Term 2
    Tuition Invoices Posted 20-Jul-20 8-Feb 21 21-Jun-21 27-Dec-21 27-Jun-22 29-Dec-22 26-May-23 13-Nov-23
    Term Begins 27-Jul-20 15-Feb-21 28-Jun-21 3-Jan-22 4-Jul-22 9-Jan-23 5-Jun-23 20-Nov-23
    Financial Aid Disbursed 20-Jul-20 15-Feb-21 28-Jun-21 3-Jan-22 5-Jul-22 9-Jan-23 5-Jun-23 20-Nov-23
    Payment Due Date (If No Payment Plan) 22-Jul-20 24-Feb-21 7-Jul-21 12-Jan-22 13-Jul-22 18-Jan-23 14-Jun-23 29-Nov-23
    Payment #1 Due Date (With Payment Plan) 22-Jul-20 24-Feb-21 7-Jul-21 12-Jan-22 13-Jul-22 18-Jan-23 14-Jun-23 29-Nov-23
    Payment #2 Due Date (With Payment Plan) 19-Aug-20 24-Mar-21 4-Aug-21 9-Feb-22 10-Aug-22 15-Feb-23 12-Jul-23 27-Dec-23
    Term Ends 12-Feb-21 25-Jun-21 17-Dec-21 24-Jun-22 23-Dec-22 2-Jun-23 17-Nov-23 10-May-24
    Tuition Refunds for Withdrawals
    100% Tuition Refund Ends 2-Aug-20 21-Feb-21 4-Jul-21 9-Jan-22 10-Jul-22 15-Jan-23 11-Jun-23 26-Nov-23
    75% Tuition Refund Ends 9-Aug-20 28-Feb-21 11-Jul-21 16-Jan-22 17-Jul-22 22-Jan-23 18-Jun-23 3-Dec-23
    50% Tuition Refund Ends 16-Aug-20 7-Mar-21 18-Jul-21 23-Jan-22 24-Jul-22 29-Jan-23 25-Jun-23 10-Dec-23
    25% Tuition Refund Ends 23-Aug-20 14-Mar-21 25-Jul-21 30-Jan-22 31-Jul-22 5-Feb-23 2-Jul-23 17-Dec-23
  • Class of 2025
      2021-2022 2022-2023 2023-2024 2024-2025
      M1 M2 M3 M4
      Term 1 Term 2 Term 1 Term 2 Term 1 Term 2 Term 1 Term 2
    Tuition Invoices Posted 19-Jul-21 7-Feb 22 20-Jun-22 22-Dec-22 26-Jun-23 28-Dec-23 24-May-24 11-Nov-24
    Term Begins 26-Jul-21 14-Feb-22 27-Jun-22 2-Jan-23 3-Jul-23 8-Jan-24 3-Jun-24 18-Nov-24
    Financial Aid Disbursed 19-Jul-21 14-Feb-22 27-Jun-22 3-Jan-23 3-Jul-23 8-Jan-24 3-Jun-24 18-Nov-24
    Payment Due Date (If No Payment Plan) 21-Jul-21 23-Feb-22 6-Jul-22 11-Jan-23 12-Jul-23 17-Jan-24 12-Jun-24 27-Nov-24
    Payment #1 Due Date (With Payment Plan) 21-Jul-21 23-Feb-22 6-Jul-22 11-Jan-23 12-Jul-23 17-Jan-24 12-Jun-24 27-Nov-24
    Payment #2 Due Date (With Payment Plan) 18-Aug-21 23-Mar-22 3-Aug-22 8-Feb-23 9-Aug-23 14-Feb-24 10-Jul-24 25-Dec-24
    Term Ends 11-Feb-22 24-Jun-22 16-Dec-22 23-Jun-23 22-Dec-23 31-May-24 15-Nov-24 9-May-25
    Tuition Refunds for Withdrawals
    100% Tuition Refund Ends 1-Aug-21 20-Feb-22 3-Jul-22 8-Jan-23 9-Jul-23 14-Jan-24 9-Jun-24 24-Nov-24
    75% Tuition Refund Ends 8-Aug-21 27-Feb-22 10-Jul-22 15-Jan-23 16-Jul-23 21-Jan-24 16-Jun-24 1-Dec-24
    50% Tuition Refund Ends 15-Aug-21 6-Mar-22 17-Jul-22 22-Jan-23 23-Jul-23 28-Jan-24 23-Jun-24 8-Dec-24
    25% Tuition Refund Ends 22-Aug-21 13-Mar-22 24-Jul-22 29-Jan-23 30-Jul-23 4-Feb-24 30-Jun-24 15-Dec-24
  • Class of 2026
      2022-2023 2023-2024 2024-2025 2025-2026
      M1 M2 M3 M4
      Term 1 Term 2 Term 1 Term 2 Term 1 Term 2 Term 1 Term 2
    Tuition Invoices Posted 11-Jul-22 6-Feb 23 19-Jun-23 21-Dec-23 3-Jun-24 30-Dec-24 23-May-25 10-Nov-25
    Term Begins 25-Jul-22 13-Feb-23 26-Jun-23 1-Jan-24 10-Jun-24 6-Jan-25 2-Jun-25 17-Nov-25
    Financial Aid Disbursed 18-Jul-22 13-Feb-23 26-Jun-23 2-Jan-24 10-Jun-24 6-Jan-25 2-Jun-25 17-Nov-25
    Payment Due Date (If No Payment Plan) 20-Jul-22 22-Feb-23 5-Jul-23 10-Jan-24 19-Jun-24 15-Jan-25 11-Jun-25 26-Nov-25
    Payment #1 Due Date (With Payment Plan) 20-Jul-22 22-Feb-23 5-Jul-23 10-Jan-24 19-Jun-24 15-Jan-25 11-Jun-25 26-Nov-25
    Payment #2 Due Date (With Payment Plan) 17-Aug-22 22-Mar-23 2-Aug-23 7-Feb-24 17-Jul-24 12-Feb-25 9-Jul-25 24-Dec-25
    Term Ends 10-Feb-23 23-Jun-23 15-Dec-23 7-Jun-24 20-Dec-24 30-May-25 14-Nov-25 8-May-26
    Tuition Refunds for Withdrawals
    100% Tuition Refund Ends 31-Jul-22 19-Feb-23 2-Jul-23 7-Jan-24 16-Jun-24 12-Jan-25 8-Jun-25 23-Nov-25
    75% Tuition Refund Ends 7-Aug-22 26-Feb-23 9-Jul-23 14-Jan-24 23-Jun-24 19-Jan-25 15-Jun-25 30-Nov-25
    50% Tuition Refund Ends 14-Aug-22 5-Mar-23 16-Jul-23 21-Jan-24 30-Jun-24 26-Jan-25 22-Jun-25 7-Dec-25
    25% Tuition Refund Ends 21-Aug-22 12-Mar-23 23-Jul-23 28-Jan-24 7-Jul-24 2-Feb-25 29-Jun-25 14-Dec-25
  • Class of 2027
      2023-2024 2024-2025 2025-2026 2026-2027
      M1 M2 M3 M4
      Term 1 Term 2 Term 1 Term 2 Term 1 Term 2 Term 1 Term 2
    Tuition Invoices Posted 26-Jun-23 28-Dec-23 1-Jul-24 30-Dec-24 2-Jun-25 27-Oct-25 4-May-26 16-Nov-26
    Term Begins 10-Jul-23 8-Jan-24 8-Jul-24 6-Jan-25 9-Jun-25 3-Nov-25 11-May-26 23-Nov-26
    Financial Aid Disbursed 3-Jul-23 8-Jan-24 8-Jul-24 6-Jan-25 9-Jun-25 3-Nov-25 11-May-26 23-Nov-26
    Payment Due Date (If No Payment Plan) 5-Jul-23 17-Jan-24 17-Jul-24 15-Jan-25 18-Jun-25 12-Nov-25 20-May-26 2-Dec-26
    Payment #1 Due Date (With Payment Plan) 5-Jul-23 17-Jan-24 17-Jul-24 15-Jan-25 18-Jun-25 12-Nov-25 20-May-26 2-Dec-26
    Payment #2 Due Date (With Payment Plan) 2-Aug-23 14-Feb-24 14-Aug-24 12-Feb-25 16-Jul-25 10-Dec-25 17-Jun-26 30-Dec-26
    Term Ends 22-Dec-23 28-Jun-24 20-Dec-24 6-Jun-25 31-Oct-25 8-May-26 20-Nov-26 14-May-27
    Tuition Refunds for Withdrawals
    100% Tuition Refund Ends 16-Jul-23 14-Jan-24 14-Jul-24 12-Jan-25 15-Jun-25 9-Nov-25 17-May-26 29-Nov-26
    75% Tuition Refund Ends 23-Jul-23 21-Jan-24 21-Jul-24 19-Jan-25 22-Jun-25 16-Nov-25 24-May-26 6-Dec-26
    50% Tuition Refund Ends 30-Jul-23 28-Jan-24 28-Jul-24 26-Jan-25 29-Jun-25 23-Nov-25 31-May-26 13-Dec-26
    25% Tuition Refund Ends 6-Aug-23 4-Feb-24 4-Aug-24 2-Feb-25 6-Jul-25 30-Nov-25 7-Jun-26 20-Dec-26
  • Class of 2028
      2024-2025 2025-2026 2026-2027 2027-2028
      M1 M2 M3 M4
      Term 1 Term 2 Term 1 Term 2 Term 1 Term 2 Term 1 Term 2
    Tuition Invoices Posted 24-Jun-24 30-Dec-24 30-Jun-25 29-Dec-25 1-Jun-26 26-Oct-26 3-May-27 15-Nov-27
    Term Begins 8-Jul-24 6-Jan-25 7-Jul-25 5-Jan-26 8-Jun-26 2-Nov-26 10-May-27 22-Nov-27
    Financial Aid Disbursed 1-Jul-24 6-Jan-25 7-Jul-25 5-Jan-26 8-Jun-26 2-Nov-26 10-May-27 22-Nov-27
    Payment Due Date (If No Payment Plan) 3-Jul-24 15-Jan-25 16-Jul-25 14-Jan-26 17-Jun-26 11-Nov-26 19-May-27 1-Dec-27
    Payment #1 Due Date (With Payment Plan) 3-Jul-24 15-Jan-25 16-Jul-25 14-Jan-26 17-Jun-26 11-Nov-26 19-May-27 1-Dec-27
    Payment #2 Due Date (With Payment Plan) 31-Jul-24 12-Feb-25 13-Aug-25 11-Feb-26 15-Jul-26 9-Dec-26 16-Jun-27 29-Dec-27
    Term Ends 20-Dec-24 27-Jun-25 19-Dec-25 5-Jun-26 30-Oct-26 7-May-27 19-Nov-27 12-May-28
    Tuition Refunds for Withdrawals
    100% Tuition Refund Ends 14-Jul-24 12-Jan-25 13-Jul-25 11-Jan-26 14-Jun-26 8-Nov-26 16-May-27 28-Nov-27
    75% Tuition Refund Ends 21-Jul-24 19-Jan-25 20-Jul-25 18-Jan-26 21-Jun-26 15-Nov-26 23-May-27 5-Dec-27
    50% Tuition Refund Ends 28-Jul-24 26-Jan-25 27-Jul-25 25-Jan-26 28-Jun-26 22-Nov-26 30-May-27 12-Dec-27
    25% Tuition Refund Ends 4-Aug-24 2-Feb-25 3-Aug-25 1-Feb-26 5-Jul-26 29-Nov-26 6-Jun-27 19-Dec-27
  • Master of Science in Biomedical Sciences
      2023 Fall Term 2024 Spring Term
    Tuition invoices posted 26-Jun-2023 28-Dec-2023
    Term Begins 10-Jul-2023 8-Jan-2024
    Financial aid disbursed 3-Jul-2023 8-Jan-2024
    Payment Due Date 5-Jul-2023 17-Jan-2024
    Term Ends 15-Dec-2023 10-May-2024
    Tuition Refunds for Withdrawals
    100% Tuition Refund Ends 16-Jul-2023 14-Jan-2024
    75% Tuition Refund Ends 23-Jul-2023 21-Jan-2024
    50% Tuition Refund Ends 30-Jul-2023 28-Jan-2024
    25% Tuition Refund Ends 6-Aug-2023 4-Feb-2024
  • Master of Science in Medical Engineering
      2023 Fall Term 2024 Spring Term
    Tuition invoices posted 23-Aug-2023 28-Dec-2023
    Term Begins 30-Aug-2023 8-Jan-2024
    Financial aid disbursed 30-Aug-2023 8-Jan-2024
    Payment Due Date 30-Aug-2023 8-Jan-2024
    Term Ends 16-Dec-2023 27-Apr-2024
    Tuition Refunds for Withdrawals
    100% Tuition Refund Ends 5-Sep-2023 14-Jan-2024
    75% Tuition Refund Ends 12-Sep-2023 21-Jan-2024
    50% Tuition Refund Ends 19-Sep-2023 28-Jan-2024

Students who have surplus loan funds can request that all or a portion of a loan disbursement be returned to their lender within 120 days of being disbursed. This will reduce the overall costs of borrowing and also reduce total indebtedness at graduation.