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Payment Plans

/Payment Plans

Payment Plans

2017-11-30T18:11:19+00:00

AmeriClerkships accepts checks, direct electronic funds transfer and all major credit cards.* In addition, members may benefit from the following FIVE convenient payment plans (or a CUSTOM plan) that we have established as financial assistance for you below:**

OPTION ONE: 2 payment plan, no fees, min. 4 weeks

Payment #1: Membership fee plus 10% of clinical cost, due on day of first invoice

Payment #2: Avoid fees* and pay balance in full within 7 days of first payment

OPTION TWO: 2 payment plan, 6% installment fee, min. 4 weeks, excludes FASTart 1

Payment #1: Membership fee plus 10% of clinical cost, due on day of first invoice

Payment #2: Remaining 90% balance paid in full within 21 days of first invoice

OPTION THREE: 3 payment plan, 8% installment fee, min 8 weeks, excludes FASTart 1

Payment #1: Membership fee plus 10% of clinical cost, due on day of first invoice

Payment #2: 45% of remaining balance paid within 21 days of first invoice

Payment #3: 45% of remaining balance paid within 35 days of first invoice

OPTION FOUR: 4 payment plan, 10% installment fee, min 16 weeks, excludes FASTart 1

Payment #1: Membership fee plus 10% of clinical cost, due on day of first invoice

Payment #2: 30% of remaining balance paid within 21 days of first invoice

Payment #3: 30% of remaining balance paid within 35 days of first invoice

Payment #4: 30% of remaining balance paid within 7 days of start of clinical block #1

OPTION FIVE: Block by Block, 12% installment fee, excludes FASTart 1

Pay for each upcoming clinical block-by-clinical block, so long as the payment for that clinical block is made by no later than 2 weeks prior to the minimum number of days required for processing. So if the minimum processing time for a particular clinical block is 7 days, payment will be due 3 weeks prior to estimated start date; if minimum processing time is 84 days (12 weeks), payment will be due 14 weeks prior to estimated start date. The benefits of this option is that the start date will be reserved for you, so no one else can take your start date. To qualify for this Option Five, a 10% deposit + all installment and/or other non-clinical fees must be paid at the time of initial enrollment.

CUSTOM: Variable duration and fees, min. 4 weeks

Scenarios #1: Requiring a Letter of Enrollment: Members requiring supporting documents evidencing tentative enrollment into AMS and specific clinical sites are considered “Conditionally Enrolled”. We will help you select the clinical sites which will best suit your situation, and established two dates up-front: 1) Initial Enrollment Date (1st payment of Membership fee + $1000 deposit*** + all applicable courier service fees), and 2) Balance Due Date (typically 7 days after an official decision making date i.e. visa interview, or meeting with a school official). A ‘Conditional Letter of Enrollment’ is typically generated within 30 days of Initial Enrollment Date. A full ‘Letter of Enrollment’ (word ‘Conditional’ removed) is issued if already Fully Enrolled Certified (FEC) with AmeriClerkships. To avoid late fees and preserve the integrity of selected clinical blocks, any balances owed must be paid on/before Balance Due Date.

Scenario #2: Price protection against rapidly increasing clinical site fees on ‘Limited Availability’ clinical features such as VERIFIED: International medical students typically sign up to complete their entire final year clerkships up to 2 years ahead of time with AmeriClerkships mainly for 3 reasons: 1) Lock in your clinical selections without having to worry about fee hikes (i.e. since June 2016, the weekly fees of nearly 50% of clinical sites have increased by 100% or more mainly due to U.S. medical schools now paying up for clerkships), and 2) Financial incentives offered by AmeriClerkships, and 3) Compliance with certain U.S. medical residency requirements & hard-set timelines (i.e. having 4 strong and recent U.S. Letters of Recommendation from 4 to 6 months of recent U.S. clinical clerkships uploaded and approved by ECFMG by no later than September 15th of the year prior to residency start). We will help you select the clinical sites which will best suit your situation, and established two dates up-front: 1) Initial Enrollment Date (1st payment of Membership + 10% of total invoice amount), and 2) Balance Due Date (depends on your specific payment plan arrangement).

* A fee of $39/month will be assessed for all late payments.

** Please speak with your Residency Enrollment Strategist for a customized payment structure if you enroll less than 35 days before the start date of Clinical Block 1.

*** Please note that cancellations may be costly, and are highly discouraged. $1000 deposit in Scenario #1 is only refundable if supported by an official U.S. visa or applicable institutional rejection letter). Please review the AmeriClerkships Legal Notices, paying particular attention to the “General Refund Policy” for more details.

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