Has anyone applied or thinking about applying to the VA HPSP scholarship for a 2024 start?
I know OP posted this earlier this year, but I'm gonna put this here anyway for future applicants. I'm glad that VA HPSP is gaining popularity. Service commitment is similar to its military counterpart which is 1:1.5. This translates to 4 years of medical school to 6 years of VA service. When this scholarship was initially offered, you can defer your service commitment until after fellowship training. (I don't know if that's still the case, check with your recruiter).
Pros:
1. The obvious, full tuition, including a
flat rate of ~1200 to ~1300 monthly stipend, and book allowance. Yes, I said flat rate, this does NOT vary by location, unlike military HPSP. So for you applicants in CA and NY, you might have to apply for additional loans for housing.
2. You are
not a part of the military. You are funded by the VA. This means, no future military deployments and GMO tours (depending on which branch). This also means that you take part in civilian match residency matching, which has significantly more available spots and geographic locations than military residency programs.
3. The scholarship pays for housing expenses during away rotations done
at a VA facility ONLY (during M4), USMLE testing fees, and residency application fees (which could be a lot).
4. Going back to finances again, you will not accumulate debt. A lot of applicants overlook the fact that medical school can put you in hundreds of thousands of dollars in debt.
5. You will be working with a very special population, our veterans.
6. You will have more control of where you end up working as an attending, unlike with the traditional military HPSP.
Cons:
1. You will
not be able to pursue a pediatric specialty, unless of course you do a combined residency like Med-Peds or Combined Adult/Child and Adolescent psychiatry.
2. You will not reap the same benefits as a military HPSP recipient. That means
no BAH and healthcare coverage. The VA HPSP, unlike Military HPSP will not cover healthcare insurance, which could be pretty expensive. You do, however, have the opportunity to apply for a VA healthcare insurance, which would allow you to receive care at the nearest VA facility and experience the care that most veterans receive.
3. The VA HPSP contract
requires you to do 2 away rotations at a VA facility. This is not the same as applying for any other aways through VSLO (the platform medical students use to apply for aways). You would need to contact program directors directly to initiate a conversation regarding away rotations. The limiting factor is that the scholarship administrators are not allowed to endorse or help you get VA away rotations. In addition, they do not give you a list of Med-Ed liaison, you have to figure that out yourself. To give you another perspective, as a Med-Ed liaison, you get an email from a random medical student who is requesting a rotation to satisfy a requirement for a scholarship you have never heard of, and no scholarship administrators to back-up that request. It reflects poorly on both the student and the scholarship administrators.
4. When or if you rotate at VA facilities during 3rd and 4th years, you will find out that their
EMR can be a bit of a headache. I'll leave it at that.
5. The
pay discrepancy as an attending. The physician pay is capped annually. You cannot make more than the POTUS, bonus included. If you are in-pursuit of a lucrative specialty that means hundreds of thousands to possible millions of dollars missed during the first 6 years of working as an attending. However, at the moment that I am typing this, a Bipartisan bill: VA CAREERS Act of 2023 has been (and is still) "Introduced." We'll see how that goes (insert sarcastic emoji here).
I hope this post helps. If you have any questions, feel free to DM me.