Private Funding for Medical Students
Many grants, scholarships, and low-interest loan options are offered by private
sources, such as fraternal and religious organizations, labor unions, professional
associations, social groups, and ethnic associations. Because they are private
and therefore not administered by the Financial Aid Office, it is up to you
to research and apply for them on your own.
If You Are Offered Private Funding
Any outside funding you receive must be taken into account when your eligibility
is determined for need-based financial aid, such as the Stafford Loan program.
If you have been offered funding from a source outside the University, you
should notify the Financial Aid Office of the amount and of the donor.
Conducting Your Search
The best place to start your research is your local church or synagogue or
a local club such as the Lions or Kiwanis. In addition, various publications
contain private resource information; they can be found in your local library
or bookstore. You can also search the Web at www.collegeboard.org, www.finaid.org,
Financial assistance is provided by a variety of private organizations, which
establish their own criteria for eligibility and choose their own recipients.
Although the following list does not include all other sources of aid, students
are encouraged to apply to programs for which they are eligible.
- The Foundation of the Pennsylvania Medical Society
- Medical Society of New Jersey
- City and county medical societies
- Alpha Epsilon Iota Scholarship Fund
- Hattie M. Strong Foundation
- William Goldman Foundation
- National Medical Fellowships
- American Medical Women's Association (AMWA)
- Ida Foreman Fleisher Fund
- James Z. Naurison Scholarship Fund
- Maryland Higher Education Commission
- Business and Professional Women's Foundation
- Bill Raskob Foundation
- Delaware Academy of Medicine, Inc.
- Addison H. Gibson Foundation
U.S. Armed Forces
The United States Armed Forces offer scholarships to medical students who
are U.S. citizens. Scholarships pay the full cost of tuition each academic
year and a stipend for living expenses. To accept a scholarship, you must commit
to serving in a branch of the U.S. armed forces.
Curtis Center, Suite 460
601 Walnut Street
Philadelphia, PA 19106
Navy Medical Programs
Naval Recruiting District, Bldg. 2-D
700 Robbins Avenue
Philadelphia, PA 19111
25 Bala Avenue, Suite 104
Bala Cynwyd, PA 19004
National Health Service Corps (NHSC) Scholarship Program
The NHSC Scholarship Program is open to medical students who are committed
to primary healthcare practice in underserved Health Professionals Shortage
Areas (HPSA). In return for your service commitment, the NHSC pays for your
full tuition and fees for the upcoming academic year, a monthly stipend, and
an allowance for other reasonable educational expenses on a year-for-year basis.
The minimum service obligation is two years.
Please be aware that the NHSC has interpreted an IRS ruling that full-time
NHSC scholarships are taxable. Before the ruling, only the stipend received
by the student was considered taxable under IRS guidelines. Now students are
required to report the full amount of tuition scholarship and stipend support
received through the NHSC as taxable income.
Applications for the NHSC Scholarship Program are mailed to the Financial
Aid Office by the U.S. Department of Health and Human Services/Public Health
Service in early March. For more information, please call 1-800-221-9393.