What does accreditation cost? How is the LCME funded?
The LCME does not collect dues or charge fees for accreditation services, except for schools requesting initial, provisional accreditation. The operating funds for the LCME are allocated by the AAMC and AMA sponsors from their dues and other income. Costs related to accreditation are equally split between the AAMC and AMA Secretariats of the LCME.