082922 ApplyingFinAid


Investing in your Future

At OUWB, we consider your medical education to be an investment in your future. To support you in meeting the cost of this investment, we strongly encourage you to complete the action steps described below.  

Submitting a Free Application for Federal Student Aid (FAFSA) enables us to determine your eligibility for financial aid, thereby providing you with options to invest in your future.  

If you have any questions about the financial aid application process, please do not hesitate to contact us at [email protected] or by phone at (248) 370-3611.

General Information

Apply for Admission

To receive financial aid funds, students must accept admission to Oakland University William Beaumont School of Medicine. The first step is to apply for admission.

Create an studentaid.gov(FSA ID) account and Complete the Free Application for Federal Student Aid (FAFSA)

Incoming students (and spouse where applicable) should create an FSA ID at least one week prior to completing the FAFSA. 

Be sure to include the Oakland University Federal School Code (002307) to ensure OUWB Financial Services receives your FAFSA.

It is strongly recommended that students observe the following priority filing dates for FAFSA submission to help ensure timely processing of financial aid funds: 

  • May 1 - M3 & M4 
  • June 1 - M1 & M2

Financial Aid Offers

OUWB Financial Services will email financial aid offer notifications to students beginning in mid April. The notification email will instruct students how to view the amount and types of financial assistance for which they are eligible. If there are any changes or updates to the student's financial aid offer, a revised financial aid notification will be emailed.   

OUWB Scholarships
Admitted students wishing to receive the fullest consideration for OUWB scholarships are required to complete a FAFSA. Parent tax information may be requested to verify full financial need. You may also be asked to provide verification documents.

If a situation occurs which significantly impacts a student's household's current financial standing, the student is encouraged contact OUWB Financial Services.

The OUWB scholarship selection process is on-going and, depending on availability of funds, may continue until classes begin in early August. The OUWB Scholarship Committee considers a variety of factors including financial need in the selection process. Additional scholarships are also awarded to students after matriculation through our current student scholarship program.

Students receiving scholarship awards will be notified promptly once a decision has been made. 

More detailed information regarding the OUWB scholarship selection process can be requested by contacting the OUWB Office of Admission via email at [email protected].


2024-2025 FAFSA form is available as part of a soft launch. The site may experience periods of unavailability due to maintenance and updates.

All eligible students are strongly encouraged to file the Free Application for Federal Student Aid (FAFSA) every year, to be considered for financial aid for the next academic year and receive maximum financial aid consideration. Parental tax information may be requested to determine need based scholarship eligibility. 

  • Student can create a studentaid.gov (FSA ID) login to access the FAFSA here Create your login credentials.
  • Expected Family Contribution (EFC) is now replaced by the Student Aid Index (SAI), which is used to determine some need-based eligibility.
  • Everyone who is a contributor (student and or spouse, if applicable) on the FAFSA must consent to the IRS sharing tax information, even if they didn’t file federal taxes, in order for the FAFSA to be processed.

Questions regarding how to complete a FAFSA should be directed to OUWB Financial Services.    

Financial aid offer notifications are expected in mid-April via email.

Create your StudentAid.gov (FSA ID)

To access and sign the Free Application for Federal Student Aid (FAFSA), as well as access federal websites related to financial aid, students must create an studentaid.gov account. Spouse (Contributor on the FAFSA) whose information is included on the application must also create an account to provide consent on the FAFSA electronically.

You will need to complete the following when creating your studentaid.gov:

  • Provide personal email (unique to each user)
  • Provide social security number
  • Provide date of birth
  • Select two challenge questions
  • Create two challenge questions
  • Enter the security code for your email and your mobile number before you exit the studentaid.gov website

The studentaid.gov account should be created at least one week prior to completing the FAFSA.

Create an studentaid.gov (FSA ID) account now.

Contact Financial Services

We may be contacted directly at [email protected] or by phone at (248) 370-3611.