Deadline Dates
A stipulation of acceptance at the Medical College of Wisconsin obligates an applicant to provide a copy of their credit report. Interviewing applicants will be required to sign the Mandatory Credit Report Signature form and return it to the Financial Aid Office on the day they interview at the Medical College of Wisconsin. Once accepted, applicants will receive a deadline date, as outlined below:
Delayed Admit and Early Decision
January 2, 2012
October 6, 2011 – December 8, 2011
April 2, 2012
January 12, 2012 – March 8, 2012
May 21, 2012
March 8, 2012 – April 12, 2012
June 25, 2012
Alternates Accepted:
Credit Report Due:
April 16 – July 9, 2012
July 12, 2012
July 10 – July 30, 2012
3 days after acceptance
July 31– August 3, 2012
Next day after acceptance
An applicant must provide a clean credit report by the deadline date given on their acceptance letter. The Financial Aid Office will review all credit reports submitted. If a decision is made that the credit report has adverse** information, there will be additional requirements for the applicant.
Credit approval is based on federally mandated criteria, not a credit score. In order to qualify, the student may not have any of the following items on their credit report:
If an applicant is determined to have adverse credit, the Financial Aid Office will require that the applicant complete a Documentation of Financial Availability (DFA) form. This form requires that an applicant provide supporting documentation of their ability to pay $98,900. If the applicant is not able to fulfill this requirement, the Financial Aid Office will recommend that the Office of Admissions rescind the applicant’s offer of acceptance. Decisions made by the Financial Aid Office will be considered final.
Cost breakdown for the Class entering in 2012-2013:
Budget Items that exceed Federal Stafford Loan program over 4 years
$58,059
Tuition increases approximately $1941 per year
$ 7,764
One time purchase of a computer
$ 1,200
Projected health insurance costs
$16,868
Residency/Relocation Loan during senior year
$15,000
TOTAL
$99,891
International students must complete a Certification of Finances form and provide supporting documentation in the amount of $240,000. The Deadline for this form and supporting documentation will depend on the date of acceptance, however, the Office of Admissions will hold the applicant’s decision of acceptance until this form had been received and approved. International applicants who have been accepted in the Medical Scientist Training Program (MSTP) are not required to provide a Certification of Finances form since the MSTP program provides students with the full support during the duration of the program. If, for any reason, the international student leaves the MSTP program, the student would then be required to provide a Certification of Finances (amount to be determined). If this documentation is not approved, the student will then be withdrawn from the college.