MCATExamkrackers
New Member
- Joined
- Jan 10, 2019
- Messages
- 7
- Reaction score
- 1
Hi, I’m Austin, one of the admissions consultants and MCAT instructors at Examkrackers. A good number of our students have asked questions about paying for medical school and whether you could attend medical school for free. I wanted to share a few pieces of info. from our January medical school admissions webinar to hopefully help answer some questions!
We all have heard that the United States needs more doctors. Recently, schools, government agencies, and scholarships are starting to lower the financial barriers to attending medical. I’ve provided an overview of a few of the ways below.
· Schools with free tuition: A few schools like New York University are eliminating tuition fees for attending medical school. While this drastically cuts the cost of attendance, make sure you get an idea of local living costs.
· MD/PhD programs: Most MD/PhD programs cover the entire cost of medical school and provide a living stipend for your time in the program. These programs are great for research-minded applicants that are interested in developing mature research skills during their medical training, but these programs can add an extra 4-6 years of school.
· American Armed Forces (Army, Marine Corps, Navy, Air Force, and Coast Guard): The Uniformed Services University of the Health Sciences is the medical school of the American Armed Forces. In exchange for medical training, you’ll be asked to treat our military and veterans for a certain number of years.
· National Health Services Corps: NHSC can help pay down the cost of attending medical school if you commit to serve 2+ years in an area that has a shortage of primary care clinicians.
· Loan repayment programs: A variety of national and state-level loan repayment programs exist for individuals who provide primary care (and some specialty) services in rural or underserved areas. The length of commitment is often related to the amount of money granted to reduce medical school debt.
· Scholarships: Some schools have full scholarships for highly competitive applicants. Also, don’t forget about local scholarships at the Rotary Club and other hometown organizations.
While each of these ways can help reduce or eliminate the cost of attending school, make sure you understand the fine print. Some programs may restrict your choice of specialty, require you to spend longer in training, or require a few years of service in a specific location. It’s always good to know what you’re getting into before accepting the funding. Hopefully this overview gets a few gears turning about different ways to fund medical school – now’s the time to start looking for funding if you’re planning to enter in fall 2019!
We all have heard that the United States needs more doctors. Recently, schools, government agencies, and scholarships are starting to lower the financial barriers to attending medical. I’ve provided an overview of a few of the ways below.
· Schools with free tuition: A few schools like New York University are eliminating tuition fees for attending medical school. While this drastically cuts the cost of attendance, make sure you get an idea of local living costs.
· MD/PhD programs: Most MD/PhD programs cover the entire cost of medical school and provide a living stipend for your time in the program. These programs are great for research-minded applicants that are interested in developing mature research skills during their medical training, but these programs can add an extra 4-6 years of school.
· American Armed Forces (Army, Marine Corps, Navy, Air Force, and Coast Guard): The Uniformed Services University of the Health Sciences is the medical school of the American Armed Forces. In exchange for medical training, you’ll be asked to treat our military and veterans for a certain number of years.
· National Health Services Corps: NHSC can help pay down the cost of attending medical school if you commit to serve 2+ years in an area that has a shortage of primary care clinicians.
· Loan repayment programs: A variety of national and state-level loan repayment programs exist for individuals who provide primary care (and some specialty) services in rural or underserved areas. The length of commitment is often related to the amount of money granted to reduce medical school debt.
· Scholarships: Some schools have full scholarships for highly competitive applicants. Also, don’t forget about local scholarships at the Rotary Club and other hometown organizations.
While each of these ways can help reduce or eliminate the cost of attending school, make sure you understand the fine print. Some programs may restrict your choice of specialty, require you to spend longer in training, or require a few years of service in a specific location. It’s always good to know what you’re getting into before accepting the funding. Hopefully this overview gets a few gears turning about different ways to fund medical school – now’s the time to start looking for funding if you’re planning to enter in fall 2019!
