Financial aid is available to all students who, due to economic circumstances, could not otherwise finance their medical education. The amount of assistance for which a student may qualify is determined by need analysis, i.e., a review and evaluation of the costs that are reasonable and necessary to sustain one’s attendance, and the assets and resources available to the student.
The Free Application for Federal Student Aid (FAFSA) is used in making this determination. The law requires that a student maintain satisfactory progress in the course of study he or she is pursuing, in accordance with the standards and practices of the institution, to remain eligible for financial aid. The amount of assistance for which a student may qualify is determined not only by a student’s demonstrated need, but also by the resources available to the University of South Alabama and the College of Medicine in any year.
Funds appropriated by the State and Federal Government for this purpose, general contributions and philanthropic gifts provided by alumni and other individuals are the sources from which student assistance is made available.
Forms of assistance available include loans, scholarships based on scholastic achievement
and need, and selective scholarships that entail service obligations following graduation.
Students and parents are encouraged to evaluate and to make plans regarding financial
aid well in advance of registration. Please see the Financial Aid website:
Federal student aid at the Professional Student level includes low interest rate loans, both need based and non-need based. Eligibility for most of these programs is based upon the “demonstrated financial need” of the student applicant and the applicant’s family. However, financial need is not an eligibility criterion for the federal Stafford Unsubsidized Student Loan or the federal PLUS loan. Therefore, most federal student aid applicants will be eligible for some form of financial assistance through the federal student aid programs regardless of demonstrated financial need. In order for eligibility to be determined federal student aid applicants must file a Free Application for Federal Student Aid (FAFSA) each year.
Federal Direct Loans are low interest loans that undergraduates, graduates and parents of dependent undergraduates may obtain from the Direct Lending Program. For Professional students they include the Federal Unsubsidized Stafford Loan and the Federal Grad PLUS Loan. These loan programs were created by Congress to help all eligible students – with and without financial need – pay for the student’s educational expenses.
Direct Graduate PLUS Loans are federally sponsored loans for students attending graduate school. With a Grad PLUS loan, you may borrow up to the full cost of your education, less other financial aid received including Federal Stafford loans. A credit check is required.
You can read about the different types of loans for professional students at www.studentloans.gov.
An Emergency Loan Fund is administered by the staff of the Office of Academic and Student Affairs. Loans of up to $500 may be obtained for a period of up to 60 days for the purpose of alleviating an unanticipated financial need. There is no interest charged.
Applications are available in the office of Student Affairs (on campus or at University Hospital) and checks may be obtained at the Student Accounting Office in Meisler Hall two to three days after submission of the completed application.
As soon as the Emergency Loan is received, the student is encouraged to make appropriate financial arrangements with the staff in the Financial Aid office, parents, etc., for repayment. Because of the limited amount of money in the Emergency Loan Fund and the frequent use of it by medical students, it is very important that the payback deadline is met. In the unusual situation where the student believes there is a legitimate reason for being unable to meet the deadline, he or she may petition the Associate Dean for Student Affairs in writing for a short extension. Payment should be made to staff in the Office of Student Affairs.
Scholarships and Awards
The University of South Alabama College of Medicine is pleased to grant a number of scholarships and awards based on academic performance and financial need. Other foundation-based scholarships are available by independent application based on selective criteria including diversity, community residence, and a commitment to primary care practice in underserved communities. More information regarding these opportunities is available through the College of Medicine Office of Admissions.
In addition to scholarships and various awards, eligible students are elected for four significant honors: Alpha Omega Alpha Honor Medical Society (Alabama Beta Chapter), the Gold Honor Society for Humanism in Medicine, the National Pathology Honor Society and Research Honors. These honors are based on academic and non-academic criteria including professionalism, leadership attributes, community and school service and extensive research in a selected science.
All incoming freshman medical students are considered for the following scholarships:
- Dean’s Merit Scholarship
- Dean’s Achievement Scholarship
- Crampton Trust Scholarship
- Medical Alumni Association Scholarship
- The Clyde “Sid” Huggins Endowed Scholarship
- The Class of 1976 Medical Alumni Scholarship
- The Class of 1981 Medical Alumni Scholarship
- The Class of 1983 Medical Alumni Scholarship
- Barbara Corcoran Endowed Award
- Ernest G. DeBakey Scholarship
- The Premedical Scholarship
- Mobile County Foundation for Public Higher Education Scholarship For Excellence
- Samuel J. Strada Endowed Scholarship
College of Medicine Dean’s and Crampton Trust Scholarships may be renewable for each of the four years of medical school. Other renewable scholarships are limited to students who are from specific counties in Alabama (Turner Trust Scholarships) or who are committed to practice in an underserved area of the state (Ernest G. DeBakey Scholarships).
Students from Houston, Dale, Henry and Geneva counties are eligible for the W. Hudson and Sarah E. Turner Trust Medical Scholarships.
The College of Medicine is deeply appreciative of the generous support of the individuals, organizations and foundations that provide funding for all of these scholarships.
- Alpha Omega Alpha
- American Academy of Neurology (AAN) Award
- Dr. William James Atkinson, Jr. Memorial Endowed Scholarship
- Ritha Baliga Memorial Women’s Medical Scholarship
- Charles M. Baugh Award
- Black Physicians Scholarship
- Blue Cross/Blue Shield Scholarships
- Claudette Box Scholarship
- L. W. Cave Family Endowed Scholarship
- Ralph B. Chandler Scholarship
- Cope Memorial Scholarship
- John A. Desak Award
- John Donald Memorial Award in Surgery
- Charlotte H. and Samuel Eichold Scholarship
- Department of Emergency Medicine
- Edgar C. Fonde Scholarship
- Drs. Ron and Vicky Franks Endowed Scholarship
- William A. Gardner Pathology Award
- Glasgow-Rubin Achievement Citations
- Mr. and Mrs. Mendel P. Goldstein Memorial Scholarship
- Christian Grinaker Memorial Scholarship
- Dr. Richard W. Gurich Memorial Endowed Scholarship
- Dr. Joseph G. Hardin Jr. Memorial Scholarship
- Dr. Robert A. Kreisberg Endowed Award of Excellence
- McGraw-Hill/Lange Medical Student Award
- Donna B. Ledet Memorial Scholarship
- Adele Mantiply and Gerald Galle Pediatric Endowed Scholarship
- Stephanie A. Marsh Medical Scholarship
- Mark K. McDonald Memorial Scholarship
- William S. McKnight Scholarship
- Medical Alumni Leadership Award
- Medical Society of Mobile County
- Merck Award
- Meyer/Anderson Orthopedic Excellence Award
- H.C. Mullins Award in Family Practice
- Department of Obstetrics and Gynecology
- Office of the Associate Dean for Medical Education & Student Affairs
- Department of Orthopaedics
- Department of Pharmacology
- James Pulliam Scholarship
- ProAssurance Award
- Department of Psychiatry
- Regan Robinson-Young Memorial Scholarship
- Robert E. Russell Memorial Scholarship
- The Cooke-Scott Scholarship in Neuroscience
- Semple Family Endowed Scholarship
- Society for Academic Emergency Medicine (SAEM) Award
- Lester Sockwell Scholarship
- Student National Medical Association
- Daniel F. Sullivan Memorial Scholarship in Pediatrics
- Taylor-Davis Scholarship
- Steven Karl Teplick, M.D., FARC Memorial Award
- Thornton Endowment for the College of Medicine
- Leonard Tow Humanism in Medicine Award
- W. Hudson and Sara E. Turner Trust Medical Scholarship
- Charles W. Urschel Scholarship
- USA Medical Faculty Guild Mendenhall Scholarship
- Thaddeus H. Waterman Scholarship
- Drs. William T. and Francis A. Webb Memorial Scholarship
- Virginia Webb Endowment
- Hollis J. Wiseman Award for Excellence in Pediatrics
- J. Wool, MD, Endowed Scholarship
- Ralph Denny Wright and Anne G. Wright Memorial Award