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Medical Residency


Medical Residency Scholarship Opportunities


AIR FORCE FINANCIAL ASSISTANCE PROGRAM For Residency

For more information contact Cleon Peoples  (304) 599-9240 or cleon.peoples@rs.af.mil.  See brochures in the HSC Financial Aid Office.

AMERICAN ASSOCIATION FOR CANCER RESEARCH (AACR)

Awards scholarships to minorities and women enrolled as full-time graduate or medical students, residents, clinical, or postdoctoral fellows, or junior faculty members. For more information, visit   www.aacr.org/.

EMERSON D. FARLEY, JR. M.D. RESIDENT SCHOLARSHIP

This endowment shall provide scholarship awards above and beyond the provided stipend for residents who are completing their training in Rural Medicine. Recipients shall have demonstrated clinical excellence, commitment to rural practice, and financial need. Selected students should intend to practice in under-served areas of West Virginia and be citizens of the U.S. as allowed by law. First consideration should be given to students who have been awarded the “West Virginia Rural Health Partnership” scholarship during their fourth year in the WVU School of Medicine. A student who is a recipient in one year is eligible for consideration in any succeeding year. Contact Dr. Mitch Jacques at the Eastern Medical Campus (304) 264-9202 or mjacques@hsc.wvu.edu for more information.

FINANCIAL INCENTIVES

West Virginia financial incentives target primary care disciplines and rural practices, and include scholarships, loan repayment, loan forgiveness and fellowships. Eligibility requirements, benefits, obligations and application procedures vary, but they all offer students, residents, and practicing primary care providers a unique opportunity to experience the challenges and rewards of rural practice in West Virginia.

NATIONAL HEALTH SERVICE CORPS SCHOLARSHIP PROGRAM RURAL HOSPITAL RESIDENCY SCHOLARSHIP PROGRAM

Eighteen rural hospitals in West Virginia currently offer scholarships to physicians in residency training in exchange for a commitment to practice in the community served by the hospital upon completion of training. Generally, scholarships of $10,000 per year are offered for each year of practice in the community. If the service obligation is not met, the physician must repay the scholarship with interest. For more information, contact Jill McDaniel, West Virginia Hospital Association, 600D Street, Second Level, South Charleston, WV 25302. Phone: (304) 344-9744.


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Medical Residency Loan Opportunities


AMSA-SENIOR MEDICAL STUDENT PERSONAL LOAN PROGRAM

The American Medical Association will lend a senior medical student $5,000, $6,500 or $8,000 to help members during their transition to residency programs. For information and/or an application contact: AMSA Membership Services, 1910 Association Drive, Reston, VA 22091 or phone (703) 620-6600.

Senior medical students may borrow

$ 5,000

Medical student may borrow

$10,000

Residents may borrow

$10,000 – $25,000

Practicing Physicians may borrow

$35,000 – $60,000

PROGRAM (CREDIT RESERVE)

U.S. MEDICAL STUDENT ADVISORY ASSOCIATION LOAN

Loans of $5,000-$8,000 are available to all students. Matched seniors may borrow up to $15,000. Offers a line of credit at 14.9% interest. For information call 1-800-223-7076.

APAA – NARI LOAN PROGRAM

This loan program is sponsored by the American Professional Association of Residents and Interns and is available to senior medical students, residents, interns, and physicians entering or establishing a practice. Interest rate is variable and depends on the amount borrowed. For more information call (800) 221-2168.

RIDINGS RESOURCE GROUP, INC.

This group provides funding for interns and residents as well as established physicians. No collateral is required and loans range from $5,000 to $60,000. The borrower has up to 6 years to repay. Applications and/or additional information can be obtained from Ridings Resource Group, Ltdl, Suite 51-621 Park City Center, Lancaster, PA 17601. Phone: (800) 331-4952.

USPFG

United States Professional Financial Group provides a loan program for senior medical students with no security required. 15.95% simple interest will be charged on your principal balance. Applications may be requested by calling (800) 333-9183.

RESIDENCY TRAINING LOANS OF THE SOUTHERN MEDICAL ASSOCIATION

Loan funds are available to allow a physician to complete a chosen number of years of training or in order to apply for additional special education. The maximum loan available is $2,400. The interest rate charged shall be 7% or the current interest rate charged for FHA Loans, whichever is less. Official application forms may be secured from the Executive Vice-President, Southern Medical Association, 35 Lakeshore Drive, P.O. Box 19088, Birmingham, Alabama 35219-0088.

UNSECURED LOAN PROGRAM

This is an alternative loan program offered to medical, dental, and osteopathic students as well as interns and residents. Questions regarding the program may be directed to NARI at (800) 221-2168 ext 5.


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