Scholarship for medical school in 2020
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Scholarships For Medical School in 2020

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Are you looking for a scholarship for medical school? I got the things you need to know!

We all know how financially draining medical school could be. You could check my article about the true cost of medical school and see for yourself the amount of cash you need to spend from your cost of living to your actual tuition and fees!

Because medical expenses have been a hindering factor why many brilliant and skilled aspiring doctors cannot fulfill their dream, many schools have scholarship for medical students to somehow ease their financial burden.

Let me help you get a scholarship for medical school.

Bonus: Want a full library of free medical school eBooks, video courses, and training? Click here to get access to your free med school advice library!

How Can I Get Medical School Paid For?

how can i get medical school paid for scholarship for medical school

Personal Savings

Of course, start off with money that you don’t have to pay back. If you wish to enter med school, you should have at least some saved cash to pay for your medical expenses. It might not be huge enough to cover 50% to 100% of your total medical expenses, but it could lessen your worry about loans at the very least.

Try to create a budget to know how much you could contribute. The budget plan will help you become aware of your expenses and your capacity to pay for them.

Scholarships, Grants, and Financial Assistance

There are medical schools that offer merit or need-based grants. They provide financial assistance to students with a high GPA or those who are experiencing financial incapabilities.

If your school doesn’t offer any financial assistance, you might be interested to outsource from non-profit organizations that provide scholarship for medical students.

Later, I’ll give you some organizations that could help aspiring doctors like you.

Private Student Loan

These loans are available through banks and credit unions. However, you must be wary of the interest rates which may either be fixed or variable.

To get an idea of how stressful it is to pay off loans and debts, watch this video. Don’t forget to subscribe to TheMDJourney channel if you found this video helpful and insightful!

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How Can I Get A Scholarship For Medical School?

how can i get a scholarship for medical school

Since you already have an idea of how costly med school would be, you might be urged to start looking for financial support. And, the most in-demand funding support yet only chooses the best few are scholarships.

Scholarships are usually provided to the most outstanding academically excellent students, those who have service obligations, or members of a particular funding organization. They can cover a significant portion of your medical expenses from tuition to your lodging – even for your daily basic allowance.

The most challenging aspect of scholarships is only a lucky few are qualified. So, among thousands of who need to survive the financial burden caused by medical school, the burning question is how can I get a scholarship for medical school?

Here are a few tips:

Start Your Research Online

Start using the most convenient way – online.

There are reliable websites such as the U.S. Department of Education and The Association of American Medical Colleges (AAMC) with scholarship databases where you could start your search. There are features in which you could look for scholarships that match you.

Never Pay

Don’t trust organizations or companies that ask you money to help you get a scholarship in return. No legitimate organization that offers funding support that will ask you for some cash.

Contact Local Agencies or Hospitals

Some institutions in your local community offer financial support to students. In return, they will ask you to serve in the community or hospital through medical means.

Perhaps, you would be involved in the implementation of different health programs. Hospitals will ask you to sign a contract for a specific number of years on employment after residency training.

Select Med Schools That Offer Scholarships or Funding Support

There are several schools that offer scholarships or funding support to their students. Scholarships are given usually based on merit or on their proclaimed financial need. You could check out my article on the true cost of medical schools and see the list of schools that offer scholarships.

Get Good Grades

The majority of scholarship grants are given to academically excellent students. So if you want to establish great credentials to show how deserving you are to receive financial support, you must maintain good grades.

Brilliant minds receive great opportunities.

Bonus: Want a full library of free medical school eBooks, video courses, and training? Click here to get access to your free med school advice library!

Which Medical Schools Give The Most Scholarships?

University of Central Florida College of Medicine

ucf college of medicine

Source: UCF College of Medicine

UCF is historical as it was the first-ever medical school in US history to give a full 4-year scholarship to an entire class. If ever students need money for other living expenses they can avail loans at relatively lower rates. You can easily pay debts in no time even before graduation! It started in 2009 when the entire inaugural class graduated debt-free!

100% of students receive scholarships

100% of students receive financial aid (loans or scholarships)

69% of students receive loans

Average indebtedness: $13,902

University of California, Davis, School of Medicine

uc davis school of medicine

Source: UC Davis School of Medicine

95% of students receive scholarships

95% of students receive financial aid (loans or scholarships)

89% of students receive loans

Average indebtedness: $146,756

David Geffen School of Medicine at UCLA

david geffen school of medicine at ucla

Source: David Geffen School of Medicine

94% of students receive scholarships

95% of students receive financial aid (loans or scholarships)

77% of students receive loans

Average indebtedness: $107,549

University of Kansas School of Medicine

university of kansas school of medicine

Source: University of Kansas Medical Center

94% of students receive scholarships

97% of students receive financial aid (loans or scholarships)

83% of students receive loans

Average indebtedness: $134,999

University of South Dakota Sanford School of Medicine

university of south dakota sanford school of medicine

Source: University of South Dakota

90% of students receive scholarships

98% of students receive financial aid (loans or scholarships)

83% of students receive loans

Average indebtedness: $142,043

Bonus: Want a full library of free medical school eBooks, video courses, and training? Click here to get access to your free med school advice library!

Do Medical Schools Give Merit Scholarships?

merit based scholarship for medical school

Yes, there are medical schools that give full merit scholarships. High ranking schools such as the Perelman School of Medicine at the University of Pennsylvania and the David Geffen School of Medicine at the University of California.

Merit scholarships are so rare and it is only awarded to the most outstanding students. Like what I said earlier, go get some good grades. They could save you from the financial burden.

Here’s an informational video to help you climb up the academic ladder and compete to be one of the outstanding students in your class in medical school. Don’t forget to subscribe to TheMDJourney channel if you found this video helpful and insightful!

Medical School Scholarships 2020

scholarship for medical school 2020

Source: NYU Langone

Tylenol Future Care Scholarship

The Tylenol Future Care Scholarship is offered each year to students pursuing graduate programs in medical school, nursing, pharmacy, or practitioners seeking to pursue a course that involves actively treating patients.

10 lucky students will receive $10,000-worth of scholarship and 25 will receive $5,000-worth of subsidy annually.  The scholarship is non-renewable.

If you wish to apply, here is a quick outline of the application requirements. You just need to accomplish and submit the following:

  • A competitive college GPA
  • Academic transcript of records in medical school
  • Community involvement/volunteer service
  • Essay content

Application Open: May

Application Deadline: July

Semifinalist Status Notification Sent: August

Semifinalist Form Opens: August

Semifinalist Deadline: September

Scholarship Recipients Notified: September

Scholarship Checks Issued: Mid-October

BoardVitals Medical School Scholarship

The BoardVitals Medical School Scholarship awards a $1,000 VISA gift card to 3 lucky medical school students with strong academic performance and a burning desire to become a change agent to improve the healthcare system.

Eligible students must be a resident of the United States who is currently enrolled as a 1st, 2nd, 3rd, or 4th-year medical student in an accredited MD/DO school located in the United States.

If you’re interested and you meet all the criteria, you may apply online by filling up a form and submit a 500-word essay or 2-minute video on an issue in healthcare that they would like to fix and/or are passionate about.

Application Deadline: May

Winners will be announced: August

White Coat Investor Scholarship

The White Coat Investor Scholarship  “help those who wear the white coat a fair shake.” Every year, they provide financial support to deserving full-time students with good academic standing through their own profit and additional contributions from sponsors and readers.

Some courses that are eligible for the scholarship include medicine, osteopathy, podiatry, dentistry, law, pharmacy, optometry, physician assistant, nurse practitioner, CRNA, and veterinary medicine.

The application is simple. Just submit a document containing your basic information such as your name and anticipated degree and date of graduation. You also need to submit an 800-1,200 word essay about any topic under the sun that interests you.

Application deadline: June to August

Physicians of Tomorrow Awards

The Physicians of Tomorrow Awards provides scholarships for medical students with outstanding academic records. 10 deserving students will be awarded $10,000.

To be eligible, you must be a 3rd-year medical student, nominated by your school dean, and able to submit the application form that includes a letter of recommendation, a personal statement, school transcripts, and proof of your financial status.

Herbert W. Nickens Medical Student Scholarship

Herbert W. Nickens Medical Student Scholarships selects 5 outstanding incoming third-year medical students to receive $5,000 scholarship grants.

They are looking for young soon-to-be medical doctors who aspire to lead in efforts that eliminate inequalities in medical education and health care and at the same time prioritizing the marginalized and vulnerable minorities in the US.

To apply, you must submit your dean’s nomination letter indicating that you have maintained good grades during your first two years in medical school. You must also submit a letter of recommendation from the medical school’s institutional GSA diversity affairs officer or from the medical dean and another one from a faculty member.

You will be required also to submit a personal statement stating any experiences or initiatives you have done to eliminate inequities in medical education and health care for minorities.

Bonus: Want a full library of free medical school eBooks, video courses, and training? Click here to get access to your free med school advice library!

USA Medical and Surgical Scholarship Program

usa surgical scholarship for medical school

Source: USA Medical and Surgical Supplies

Another scholarship for medical students is the USA Medical and Surgical Scholarship Program. It gives out scholarship awards worth  $1,500 bi-annually to college and university students taking health-related courses.

To be eligible, you must be studying Medicine, Therapy, Emergency Medical Services, Laboratory Science, Medical Technology, Nursing, Health Care, Pathology, Radiology, Diagnostic Imaging, Pharmacy, Psychiatry, Psychology, Social Sciences, or other health-related disciplines.

If you are interested, you must submit an essay on how medical supplies or equipment has the biggest impact on healing, improving, or extending human lives. The essay must be at least 1,200 words, original, relevant, and high quality.

National Health Service Corps Scholarship Program

If you are looking for a scholarship that offers assistance for the entire 4 years of your medical education, then apply now to the National Health Service Corps Scholarship Program. They will cover your full 4 years of medical school tuition, fees, and a living stipend.

In exchange, upon graduation and licensure, you need to serve in rural, urban, and tribal communities with limited access to care. The number of years they subsidized your tuition determines the number of years of your return service.

You must also practice in an NHSC approved site which includes federally qualified health centers, rural health clinics, private practices, and other select institutions.

Eligible awardees are those who take healthcare-related courses and aspire to become a primary care physician, dentist, nurse practitioner, certified nurse-midwife, or physician assistant.

If you wish to be a recipient of this generous offer, you must complete their online application. Upon review, the judges will choose the most deserving recipients based on several factors such as academic standing, financial status, and proven dedication to serving the underserved.

National Medical Fellowships’ Scholarships

The National Medical Fellowships’ (NMF) scholarships provide special financial support to medical students who belong to minority populations such as African Americans, Hispanics/Latinos, Native Americans, Asian-Americans (Vietnamese and Cambodian only), and Pacific Islanders. Scholarship grants may range from $5,000 – $7,000.

Each NMF award will be given out based on academic merit, demonstrated leadership ability, and a commitment to serving medically underserved communities.

James “Rhio” O’Connor Mesothelioma Scholarship Fund

The James “Rhio” O’Connor Mesothelioma Scholarship offers a monthly grant of $1,000 to eligible medical students. To apply, you must submit a 700-1,500 word essay about healthcare concerns or insights related to cancer that you are interested about.

The HYMS MSc Scholarship

The Hull York Medical School (HYMS) offers three MSc scholarships for UK/EU, overseas and international students who would like to pursue medicine.

Applicants to the MSc in Clinical Anatomy must have previous training in human or mammalian biology. A total of £10,150 is awarded to successful students.

Deadline: July annually.

If you need more tips on how to get scholarship grants, you may want to check out this book Medical School Scholarships, Grants & Awards: Insider Advice on How to Win Scholarships. It includes advice that will help you overcome the financial burden brought by med school.

______________________________________________________________________________

That’s a wrap on this article on scholarships for medical school in 2020! I hope this blog post has given you substantial insights into how you’re going to handle your medical tuition, fees, and day to day expenses through chasing opportunities that will help ease your financial burden.

If you have enjoyed this post, why not check out some of our other blog posts filled with great content?

If you want access to our full library of guides and free courses for med students, check out the Med Vault!

This is a completely free library of step-by-step eBooks & video courses that can help you on your medical journey!

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I provided effective personal strategies on how not to just survive but also ace med school. I’ll also warn you of the things that you must avoid such as inefficient study habits and unproductive and passive reviews.

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Again, thanks for stopping by!

Until next time, my friend!

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