Financing a medical education is an ambitious proposition–especially
if you are considering a career as a surgeon. In addition to
four years of college, you are financing four years of medical
school, and during residency you will begin to earn a salary
that is generally adequate to cover your living expenses. However,
you will probably not be able to make much progress in repaying
most of the money borrowed to finance your previous education
until you actually begin medical practice. While the American
College of Surgeons does offer research scholarships, fellowships,
and awards, they are limited to surgeons who have completed their
residencies or are in the process of doing so.
You may already know that the United States Department of Education provides assistance in finding
sources for financing a medical education, but it also provides assistance in finding ways of repaying loans. In addition, the Association of American Medical Colleges offers information about state
and other loan repayment/forgiveness and scholarship programs, as well as its MEDLOAN program.