Top scholarships with upcoming deadlines
Obtaining a medical degree from an accredited medical school program is an exciting first step toward becoming a practicing physician!
Pursuing a career as a doctor can be a very rewarding professional path that empowers you to give back to your communities and attain financial security. However, many medical students may face massive amounts of debt due to the rising cost of medical school tuition.
According to the Association of American Medical Colleges (AAMC), the average cost for a first-year medical student at a public medical school program is $39,905. Medical students at private institutions pay even more, with first-year paying an average of $62,570.
Medical students often opt to take out student loans to pay for their medical education. Unfortunately, this can be a detrimental decision in the long run and riddles prospective doctors with student loan debt for decades. In fact, the average medical student graduates with nearly $200,000 in debt, according to the AAMC.
Prospective medical students and currently enrolled medical school students should consider medical school scholarships as a way to lessen the financial burden of paying for medical school.
Medical school scholarships can help cover the cost of tuition, fees, books, health insurance, and other necessary costs of attendance. And the best part is medical school scholarships do not need to be paid back, unlike student loans.