Medical scholarships for minority students are a particular type of scholarship with many lucrative opportunities. Because a limited number of students qualify for these scholarships and an even smaller amount apply, these are excellent opportunities to receive financial assistance. Scholarships are something that anyone thinking about going to medical school should look into, since they can tremendously ease the burden of tuition, leaving you with smaller loans so you can focus more on your studies.
Started by the American Medical Association, this scholarship was brought about to increase the amount of minority physicians as well as general minority awareness in the medical field. It is given to students currently in their freshmen or sophomore year of medical undergraduate study. These students must also come from an underrepresented group, which may include African American, American Indian, Native Hawaiian, Alaska Native, or Hispanic backgrounds. The reward is given to twelve students each year and pays $10,000 a year. It is awarded to those who demonstrate exceptional academic success as well as leadership ability and community involvement.
Tylenol offers over 40 scholarships to students based on a wide array of criteria. While you must be a practicing medical student to receive any of these awards, one of these scholarships in particular is offered exclusively to minority students. The amount of each scholarship varies. However, last year Tylenol paid out over $250,000 of funds.
Aetna in conjunction with the National Medical Fellowship offer a scholarship to students who are committed to helping and supporting underprivileged medical communities. Each year 10 minority students who are in their second or third year of study may receive this award, worth $5,000. One of the major things this foundation looks for is a strong interest in community service.