Medical School Grants
March 8, 2012
Medical school grants are good for students who need a way to pay for the increasingly expensive costs of tuition. Medical schools are often times more expensive than a traditional college, and schooling is much longer.
A total of 8 years of schooling are needed for medical students, while other schools like law degrees only require 4 years. After schooling, there is the time period dedicated to residency at any number of medical centers. The medical field requires 100% dedication from their students.
A specialist in the medical field can earn an amazing $325,000 per year, which is more than enough to pay back any schooling costs. However, organizations offering scholarships believe that students shouldn’t have to cover these costs alone, regardless of how much they make after securing a position and the schooling is over. That’s the beauty of scholarship funding for medical students.
Let’s take a look at a few medical school grants that you might qualify for:
American Medical Student Association Grants – While this type of grant doesn’t pay for individual students, the funding allows the students to participate in some projects that will enhance the community and give them valuable experience at the same time. They will be taught valuable skills they can use to further their education and professional experience.
MiTio Scholarship – This offers bilingual medical students the chance at funding for medical school. There are two $1,000 dollar scholarships available for students seeking careers in healthcare.
Federal Student Aid – FAFSA, or Free Application for Federal Student Aid offers students the chance to fund part of their schooling according to funding provided by the U.S. government.
The Armed Forces Health Professions Scholarship Program – The armed forces is offering scholarship programs to people enrolled in the military. The military pays for schooling for many students and it’s a fantastic opportunity to get your schooling paid for. The health professions scholarship program offers funding in exchange for active duty roles in the Air Force, ARMY, or NAVY.
These are just a few of the available medical school grants. Depending on where you want to go to school or the state you live in, there are many others available as well. Working with a local community college, you might be able to uncover more than one grant that you qualify for and will be accepted by.
Combining scholarships or grant money is a great way to circumvent the costs of being a medical student. Keep in mind that paying for your schooling, at least the great majority of it, can easily be done after you gain residency as medical professional. That’s how many students overcome the costs of being a student, by paying for the schooling with their salary as a new hire.