Ophthalmology Medical Student Scholarships – Overview
Everyone knows just how expensive medical schools can be. Unfortunately, the cost of pursuing a medical program in ophthalmology is increasing yearly.
According to a report by the Association of American Medical Colleges*, the average expense of first-year medical schools in 2021-22 is around US$ 39,236, a 29% spike as compared to 2012-13. This amount includes charges for tuition, other fees, and health insurance for students.
The average cost of first-year medical programs in private medical schools in the US is around US$ 62,178, a remarkable 22% more as compared to the cost in 2012-13.
Besides, the cost of attending out-of-state medical schools was even more expensive at US$ 63,630 in 2019.
So, if you want to pursue a career in ophthalmology and wish to attend a medical school, then you need to be ready to bear the heavy expenses.
Fortunately, you don’t necessarily have to be burdened with high-interest student loans. There are several ophthalmology medical student scholarship programs to which you can apply.
5 Best Ophthalmology Medical Student Scholarships in 2022
To help you, we’ve created this list of the best ophthalmology medical student scholarship in 2022:
1 – Tylenol Future Care Scholarship
The Tylenol Future Care Scholarship is offered every year to aspiring medical students who want to pursue ophthalmology and a variety of other healthcare programs.
Under this, eligible students can receive up to US$ 10,000. Besides this, the organization also offers 25 individual US$ 5,000 awards every year to eligible students.
To learn further details, such as eligibility criteria and the application process for the Tylenol Future Care Scholarship, you can visit the official website at https://www.tylenol.com/news/scholarship.
2 – BoardVitals Medical School Scholarship
The BoardVitals Medical School Scholarship is awarded to 3 lucky applicants every year, determined by their strong academic performance.
The first winner is awarded US$ 2,000 as a scholarship, while the second winner gets US$ 1,000 and the third winner gets US$ 500 in the form of a VISA Prepaid Card.
Eligibility criteria for this scholarship require applicants to be residents of the US and presently enrolled as a 1st, 2nd, 3rd or 4th-year student in an accredited medical school in the country. Applicants need to apply online.
The application process involves submitting a 500-word essay on the year’s chosen question.
To learn further details about eligibility, application and receiving the scholarship from the BoardVitals Medical School Scholarship program, you can visit their official website at https://info.boardvitals.com/boardvitals-medical-school-scholarship.
3 – Physicians of Tomorrow Award
The Physicians of Tomorrow Award is another excellent ophthalmology medical student scholarship opportunity.
Under this program, the organization offers 10 scholarships of US$ 10,000 each to the selected medical students.
Every one of these ten scholarships has strict individual criteria, with many common criteria too. These awards are meant to help third-year ophthalmology and other healthcare students support their education.
One major qualifying criterion for this scholarship is that the applicant should be nominated by the medical school’s dean before submitting the application.
The application should include a personal statement, a letter of recommendation, proof of financial status and school transcripts.
To know more details about the eligibility criteria and application process for the Physicians of Tomorrow Award, you can choose to visit their official website at https://www.ama-assn.org/about/awards/physicians-tomorrow-awards.
4 – White Coat Investor Scholarship
The White Coat Investor Scholarship is another excellent ophthalmology medical student scholarship for aspiring medical students. It provides necessary funds to multiple students every year.
The award contribution is around 1% of the White Coat Investor’s total profit.
This is complemented even more with the addition of hefty contributions from the readers and corporate sponsors. The total award amount has steadily increased over the years.
In 2019, the organization contributed over US$ 65,000 in cash and more than US$ 90,000 in cash and resources, such as books and online courses.
Eligibility criteria require applicants to be a full-time professional medical student with significantly good academic performance.
The application process involves submitting documents that give the basic details, such as the applicant’s name and expected degree, and date of graduation.
Apart from this, the applicant also needs to submit an essay of around 800 – 1,200 words on any topic of their choice. A thorough judging process ensues to select the winners of this medical student scholarship.
To know more details, you can visit the official White Coat Investor website at https://www.whitecoatinvestor.com/scholarship/.
5 – National Health Service Corps Scholarship Program
The National Health Service Corps Scholarship Program provides financial support to full-time medical students for four years of medical school.
This scholarship award covers the cost of tuition, and fees and includes a living stipend.
In exchange, the winner needs to commit themselves to work in under-served communities, such as in rural, urban and tribal areas upon graduation and licensure.
Besides this, the winner will also need to practice in an NHSC approved site, which includes:
#1. Rural health clinics
#2. Federally qualified health centers
#3. Private practices
#4. Other select healthcare institutions
The amount of time you will be expected to serve these communities will be determined by the number of years of financial support you receive during your medical studies.
To know further details of this scholarship program, you can choose to visit the official website at https://nhsc.hrsa.gov/scholarships/requirements-compliance.html.
These are our top 5 best ophthalmology medical student scholarship awards for 2022. If you are an aspiring ophthalmologist and wish to pursue your medical studies without debt, then you should apply for these scholarship programs.