There are a number of private agencies and organizations that provide scholarship and low-interest loan assistance to medical students. The eligibility criteria and deadlines vary according to the guidelines established by the organization; these funds can be merit-based and/or need-based.
Pritzker's policy, if a student receives any outside award, is to replace or reduce loans. If a student receives an award from an outside source after a financial aid award has already been determined, he or she must notify the Office of Financial Aid in writing of the additional scholarship.
Following are some examples of the many outside scholarship opportunities available:
ACLS Scholarship for Healthcare Providers
One scholarship in the amount of $1,000 to the author if the winning essay. The essay must be 750 to 1,000 words in length, discussing emergency medical care from the perspective of a medical student. Essay submissions are due by August 20, 2017. To learn more information about this scholarship, please go here.
One scholarship in the amount of $1,000 awarded to a student actively pursuing a degree related to healthcare or the life sciences and a minimum 3.0 GPA. The essay accompanying the submission must be 1,000-2,000 words on how you feel your specialized knowledge and training could be applied to improving the practice of the law. All submissions must be received before midnight on December 31, 2017.
SeniorAdvice Caregiver and Volunteer Scholarships
Scholarships for two students at the University of Chicago who have volunteered in a senior non-profit or who have acted as caregiver to an adult relative. Applications are due by August 15, 2017. You can click here for the caregiver scholarship and here for the volunteer scholarship.
Scholarships in the amount of $2,000 to $5,000 to at least five needy medical students this academic year. Applications are due by April 1, 2017. The applicants are judged according to their academic achievements, financial needs, community service records and their views on the practice of medicine as expressed in their essays. You can download the application here.
Scholarships to MS3s about to enter their fourth year of medical school. The scholarship requires that applicants must be residents of Connecticut for five years and be enrolled in a not-for-profit medical school accredited by the AMA and/or the World Health Organization. Letters of recommendation from two faculty members and the Dean are required. Students demonstrating financial need, academic excellence, extracurricular interests and community service, will be strongly considered. Contact Mary Yokose at 203-753-4888, with any additional questions.
The Auxiliary of Good Shepherd Hospital is offering scholarships for students residing in the hospital service area who will be attending school, while pursuing and education in the health care field. The service area includes the following zip codes: 60010, 60012, 60013, 60014, 60021, 60042, 60047, 60050, 60052, 60060, 60067, 60073, 60084, 60098, 60102, 60110, and 60156.
Applications can be downloaded here. Applications must be postmarked or hand delivered to the hospital, and received by the Scholarship Committee by April 17th. Interviews will be scheduled for early May. If you have any questions, you may call Good Shepherd Hospital, 847-381-0123 and ask to be connected to the Scholarship extension or the Auxiliary office extension.
Achievement Rewards for College Scientists (ARCS) Foundation, Inc.
The ARCS Foundation, Inc., awards, based on recommendation by the Office of Medical Education, scholarships of up to $10,000 per year to exceptional students. Recipients must be U.S. citizens, demonstrate financial need, and have research experience. Awards are renewable with the recommendation of the Office of Medical Education and the approval of the ARCS Foundation Inc.
Find more information at: https://www.arcsfoundation.org/
The AAMC is soliciting nominations for the Herbert W. Nickens Award ($10,000), the Herbert W. Nickens Faculty Fellowship ($15,000), and the Herbert W. Nickens Medical Student Scholarships ($5,000 each for five recipients). These awards are presented to individuals who advance the education, societal, and health care needs of minorities in the United States. All nominations must be submitted to the AAMC's Diversity Policy and Programs by April 7, 2017. For questions, please contact Angela Moses at 202-862-6203, e-mail NickensAwards@aamc.org, or visit https://www.aamc.org/initiatives/awards
NMF awards need-based scholarships to first and second year students. Applicants must be a member of a minority group currently designated as underrepresented in the medical profession and must be U. S. citizens or permanent residents. Scholarship applications are available in March. You can create an account and apply here. For more information http://www.nmfonline.org/
The purpose of The Paul & Daisy Soros Fellowships for New Americans is to provide opportunities for continuing generations of able and accomplished New Americans to achieve leadership in their chosen fields. The Program is established in recognition of the contributions New Americans have made to American life and in gratitude for the opportunities the United States has afforded the donors and their family.Each award is for up to $25,000 in maintenance grants and up to $20,000 in tuition support for each year of graduate study supported, a total of as much as $90,000.The deadline for submission of completed 2018-2019 applications is November 1, 2017.
Rock Sleyster Memorial Scholarship
Each medical school in the U.S. and Canada submits nominees of qualified candidates in accordance with the size of the third year class. Candidates must be U.S. Citizens and about to enter the senior year. Scholarship, financial need, and demonstrated interest in psychiatry are considered by the student's school in submitting nominees. The amount of the award is $2,500. Applications must be submitted no later than May 1. Students interested in being considered should notify the Office of Financial Aid.
Loan Repayment Options
The National Health Services Corps loan repayment option is a federal government program open to medical students who agree to practice full-time for at least two years or part-time for four years an NHSC-approved site. The NHSC was recently recently revised to include:
- Increased Financial Support. The Corps' loan repayment program now begins with an initial award of up to $60,000for two years of service. You may receive up to $170,000 in loan repayment for completing a five-year service commitment and, with continued service, may be able to pay off all eligible student loans.
- More Flexible Options to Complete Your Service. The loan repayment program now offers three options for fulfilling your service obligation - a two-year full-time contract, a four-year half-time contract, and a two-year half-time contract.
- Increased Credit for Teaching. The service obligation for clinical practice hours has been updated to include a 20 percent credit for teaching and a 50 percent credit for teaching at a TeachingHealth Center.
- Contact: NHSC.hrsa.gov for more information or to begin the application process.