Unfunded Residency Positions - how to obtain funding

[WinningImage]

---

Members don't see this ad.

Hi all,

A residency program I am looking into has an open residency slot, but no funding for it. They would require official funding from another source.

If I am interested in an unfunded spot, what sources could I go to for residency funding? Advice from the rare people out there in a similar situation would be greatly appreciated.

 

[cokebottle]

you can fund it

 

[Winged Scapula]

1) local community in trade for working there for X number of years after completion of residency (usually small/underserved communities that have a need for your specialty)
2) patient advocacy organization (a la Susan G Komen funding breast fellowship programs)
3) foreign governments
4) NIH/other research oriented institution
5) rich donor that wants his/her name on position (i.e., David Geffen Endowed Internal Medicine Residency)
6) rich parents
7) large specialty group with requirement that you join them after in practice (and usually paid below market value for several years while they recoup your residency pay)

 

[Law2Doc]

1) local community in trade for working there for X number of years after completion of residency (usually small/underserved communities that have a need for your specialty)
2) patient advocacy organization (a la Susan G Komen funding breast fellowship programs)
3) foreign governments
4) NIH/other research oriented institution
5) rich donor that wants his/her name on position (i.e., David Geffen Endowed Internal Medicine Residency)
6) rich parents
7) large specialty group with requirement that you join them after in practice (and usually paid below market value for several years while they recoup your residency pay)

I don't think #6 flies -- this was a big fiasco in California about a decade ago when a med school created an extra competitive residency slot for a rich donors kid.

 

[kobebeefmd]

About how much do you need to raise?

 

[Winged Scapula]

I don't think #6 flies -- this was a big fiasco in California about a decade ago when a med school created an extra competitive residency slot for a rich donors kid.

That's a different situation.

We're talking about a slot already in existence but without funding. If the OP has parents that want to pay his bills, etc. and any required funding from the hospital, it might work.

 

[gutonc]

About how much do you need to raise?

A good starting figure is $100k/yr.

 

[kobebeefmd]

How do you go about finding unfunded open residency spot?

How can it be considered open when it is unfunded?

 

[WinningImage]

Hi all:

Thanks for the posts. Those are all great ideas (except self funding - they won't let that fly). Any specific sources to go to?

To kobebeefmd, many places have approval for a number of positions, but just not funding for them, so they don't advertise them. Mine is a special case because I work closely with this department.

 

[whonotwhatnot]

I've never heard of this. If ACGME is not behind this, don't bother. If you have further doubts, CALL the program themselves --- why ask us when you can ask them?

Don't waste youre time, INVESTIGATE... Do you want this or no?

Guess not if you leave it up to us. ASK THEM.

Thanks,
REM

 

[gutonc]

I've never heard of this. If ACGME is not behind this, don't bother. If you have further doubts, CALL the program themselves --- why ask us when you can ask them?

Don't waste youre time, INVESTIGATE... Do you want this or no?

Guess not if you leave it up to us. ASK THEM.

Thanks,
REM

Just because you've never heard of this doesn't mean it doesn't exist.

Again, this is a position that exists but has no funding for it. My fellowship program had one as well. Funds had been redistributed at some point to a different program so we lost funding for a spot. A couple of years while I was in training, enough of us (5 at one point) were on T32 grants that they could afford to fill that extra position.

This is not the old, super sketchy, "pay to play" that you seem to think it is.