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Hello folks,
I am currently comparing the different scholarship programs that are offered from the Air Force, Navy, Army and the National Health Service Corps. I need help to clear the difference. HELP!!!!
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From what I've read on this site:
Navy: Positives: $20,000 signing bonus Negatives: Good chance of serving a GMO tour you don't want to serve
Army: Positives: Best opportunity to get straight through training in your residency of choice, wide variety of base locations. Negatives: Endless deployments
Air Force: Haven't heard many positive reviews.
You'll get more detailed information reading through other threads.
Navy: Positives: $20,000 signing bonus Negatives: Good chance of serving a GMO tour you don't want to serve
Even with that $20,000 bonus, the Navy seems a raw deal compared to the other two. The GMO tour pays you the same as a resident, correct? So you are basically giving up a year of being a full-pay military doc @$106,000 for a GMO tour that pays $56,000?
If I'm right about GMO pay, it would seem the Navy is giving you $20,000 and then taking back $50,000. Bringing you to a net loss of $30,000 if you pick Navy instead of Army or Air Force.
The GMO tour pays you the same as a resident, correct? So you are basically giving up a year of being a full-pay military doc @$106,000 for a GMO tour that pays $56,000?
Not correct! While serving a GMO you get paid a 15K per year bonus (3 years equals 45K before taxes). In the end...serving a GMO vs. staying straight through residency come out almost even!
rotatores
PGY-2 Pediatrics
While its true that as a GMO you are eligible for ASP ($15K), you are not eligible for ISP (which ranges from $14-$40+K). So, you definitely lose money by being a GMO
From what I've read on this site:
Navy: Positives: $20,000 signing bonus Negatives: Good chance of serving a GMO tour you don't want to serve
Army: Positives: Best opportunity to get straight through training in your residency of choice, wide variety of base locations. Negatives: Endless deployments
Air Force: Haven't heard many positive reviews.
You'll get more detailed information reading through other threads.
Well...considering you wouldn't be eligible for ISP as a resident anyways...so NO...you would'nt lose money.
So again...NOT CORRECT!
Do the math people!
rotatores
PGY-2 Pediatrics
Last time I checked ISP for pediatrics was 12K!
So you "doing the math" is again incorrect!...should be more like 108K to 84K!
In any case you're right...assuming one doesn't do any moonlighting during GMO...BUT...if you consider the amount of hours you work during GMO compaired with residency then you are making more money per hour with GMO (I'm reaching but correct).
rotatores
PGY-2 Pediatrics[/quote}
I assumed that it couldn't be less than the ISP for IM. What can I say, pretty sad. Just as an aside, if you count deployment as working 24/7, GMO time was not less hours than residency was for me. And we were forbidden from moonlighting.
Just as an aside, if you count deployment as working 24/7, GMO time was not less hours than residency was for me. And we were forbidden from moonlighting.