AMA scholarships for medical students (plus AAMC/ABFM)
Why AMA scholarships? College is expensive. But it’s a trifling cost compared to the cost of medical school. If you’re one of the lucky ones who can wrap up their undergrad years without carrying any debt (not an easy feat!), there’s a new financial challenge ahead: getting out of med school with as little debt as possible.
To help you in that endeavor, here are some AMA scholarships. And check out our link to federal financial aid and other school-based aid. There are lots of medical schools that specialize in highly targeted scholarships based on both need and merit.
Professional AMA scholarships
AMA scholarships fall into nine categories, and are offered to a variety of medical students. Here are some:
This award is for third year medical students getting ready to enter their final year of medical school. Each award is $10,000, and each medical school can nominate two candidates in each of several categories, with different eligibility requirements. The AMA Foundation (in league with other sponsors) offers these AMA scholarships for med students nominated by their dean or dean’s designee. Med students can ask their school to nominate them for this award. Some Physicians of Tomorrow awards are offered only in designated states/cities, and/or for specific practice.
Part of the Physicians of Tomorrow Awards program, this award is offered to African American, Latino/Hispanic, Native American/Hawaiian/Alaskan med students who are dedicated to a medical career serving underserved populations. Ten $10,000 of these AMA scholarships are given to students during their second or third year of medical school.
This award is designed to improve minority representation in the specialty of cardiology. Each student recipient (up to 13 per year) is given a $5,000 cash scholarship. The award is reserved for first and second-year students who are U.S. residents. Nominees must also come from underrepresented groups in the profession including African American/Black, American Indian, Native Hawaiian, Alaska Native and Hispanic/Latino.
This is an opportunity for 15 students entering their final year of medical school the opportunity to connect with mentor physicians, attend quarterly group web conferences and interact with leader physicians at a weekend retreat. The goal is to develop leadership skills in future physicians with a commitment to community service and leadership. All expenses for the year-long program are paid by LDI.
Along with AMA scholarships, the AAMC’s Nickens Student Scholarship is a $5,000 award that goes to third year medical students who demonstrate leadership in helping to target problems in healthcare inequity. Five of these awards are given annually. Recipients also could be recognized for showing leadership in addressing educational, societal, and health care needs of racial and ethnic groups in the United States. Recipients must be U.S. citizens.
Offered through the American Board of Family Medicine’s Foundation, this program offers a wide range of leadership skills training opportunities. It’s available to five third-year medical students going into year four. Applicants must be planning a career in family medicine, plus have demonstrated communications, academic, character and community service credentials. The award is around $7,000 per year for four years.
If you’re not sure whether you qualify for any or all of these AMA scholarships, go ahead and apply. Each program has its own requirements, so read carefully. A couple $5,000 or $7,000 awards per year will make a discernible difference in your overall medical debt at the end of year four!