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OFFICE OF
FINANCIAL AID

 
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SCHOLARSHIPS

CWRU Need Based Scholarships

The Financial Aid Office administers the scholarship or grant money from a variety of sources including federal funds, institutional grants, and endowments. The election of the amount of monies to be given is related to the total award given to the student. The grant guidelines are determined by the school and reflect the amount of grant or scholarship to be awarded. This scholarship or grant amount awarded does not have to be repaid but the funds are limited so the guidelines are used to distribute the money fairly to each individual student who has need. Scholarships are awarded based on the budget set by the Financial Aid Office for each class, not on additional allowable costs .

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CWRU Merit Based Scholarships

CWRU has several merit based scholarships for which incoming students are eligible.

  1. CWRU Dean's Scholarship – merit scholarship - scholarships ranging from $20,000 to $40,000 per year
  2. Satcher-Pamies – minority merit scholarship - 2 students receive $30,000 per year
  3. Alumni Scholarship – merit scholarship with a need component - 2 students receive $20,000 per year

Past winners had an average GPA of 3.8, MCAT of 12, and demonstrated outstanding personal achievement outside of the classroom as well. The scholarships are renewable each year for a maximum of four years based on satisfactory academic progress as determined by the scholarship committee. Application for this scholarship is by invitation of the admissions committee only and winners will be notified by early April.

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Outside Scholarships

Outside scholarship money is limited but there are funds available. It is up to the student to take the initiative and work with the Financial Aid Administrator in identifying and pursuing the sources of funds that are available. A listing of outside scholarships is published in the Financial Aid Resource Guide which is available in the Financial Aid Office. Additional sources include books often found in libraries and on campuses. The internet is another great resource. Some useful web sites include:

www.fastweb.com

www.scholarships.com

www.careermd.com

www.plato.org

www.freschinfo.com

When searching for outside scholarships, keep a journal of scholarships for which you are eligible. If you find a scholarship that requires you to be a second or third year medical student or the deadline just passed, write down all important information about the scholarship: who's offering it, how to contact them, application process, deadline, requirements….That way you can apply in the future!

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Armed Forces Health Professions Scholarship Program

Armed Forces Health Professions Scholarship Program (HPSP) provides contracts for financial assistance to medical students in exchange for active duty service in armed services (Air Force, Army, or Navy). Obligations incurred in the program will be served as a medical officer (physician) in the appropriate service.

Benefits:

  1. Payment of full tuition and required educational fees.
  2. Personal reimbursement for books, small equipment items, and supplies required for the course of study pursued.
  3. Forty-five days active duty for training each year designed to orient scholarship members to the United States medical service and supplement their regular academic schedules. Members are commissioned Second Lieutenants in the United States Armed Forces Reserves and receive full pay and allowances during the 45-day tour.
  4. A monthly stipend of $1,028 for the 10½ months each year when the student is not on active duty.

For more information visit your local recruiter or any of the following web pages:

http://www.airforce.com/

www.goarmy.com

www.navy.com

Please note that the stipend portion of the scholarship is considered taxable by the IRS

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National Health Service Corps (NHSC) Scholarship Program

The National Health Service Corps Scholarship Program is a competitive federal program of service-obligated scholarships for medical students. The scholarship program provides the NHSC with the health professionals it requires to carry out its mission of providing primary health care to populations in areas of greatest need. Preference for the scholarship awards will be given to applicants who have previously received NHSC scholarships or who have participated in the Federal Scholarship Program for students of exceptional financial need at their medical schools. Priorities for these awards will be given to applicants who come from disadvantaged backgrounds and who possess the characteristics that increase the probability they will continue to practice in health professional shortage areas after they complete their service obligations. The most important characteristic is the applicant's commitment to be a primary health care provider. The minimum service obligation is two years.

Benefits:
  1. Payment to the scholar is 12 monthly stipends (July through June) of approximately $1028*
  2. Payment to the school of the scholar's tuition and required fees for the year; and,
  3. A lump sum payment to the scholar to cover other reasonable educational expenses for the year, based on the average costs for students in the scholar's school and class, as submitted by the school.

*Please note that the stipend portion of the scholarship is considered taxable by the IRS.

For more information visit their web page at www.bphc.hrsa.dhhs.gov/nhsc/ .

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