We hope that the information listed below will help ease some of the questions and concerns that you may have regarding financial aid. As always, our office is available to assist you with any questions that you may have.
There are many types of financial aid available:
Scholarships are considered “gift aid” because they generally do not have to be repaid. In medical school, gift aid is sometimes accompanied by service requirements.
Loans and employment are considered “self-help aid” because loans have to be repaid and by working you earn money for educational expenses. Loans are by far the largest source of financial aid for the majority of students and families.
Most grants and Federal Work-Study are need-based financial aid programs.
The Direct Unsubsidized Loan, Grad PLUS and alternative loans are considered non-need-based.
Oklahoma State University Center for Health Sciences has established scholarships and opportunities to assist qualified applicants with educational funding.
The OSU-CHS Scholarship Committee annually awards over $200,000 a year to students in the amounts ranging from $500 to $50,000. These scholarships provide our medical students many opportunities to finance their medical education.
The AACOM Sherry R. Arnstein Minoriy Student Scholarship Program is named after former AACOM Executive Director Sherry R. Arnstein and recognizes incoming and continuing underrepresented minority students at AACOM’s member colleges.
Eligible applicants are:
Indian health professionals have a number of loan repayment program options through which they can receive financial support. The Indian Health Service (IHS) and the National Health Service Corps (NHSC) support two such programs for health professionals interested in a career in Indian health. Nurses are also eligible for loan repayment through the Health Resources and Services Administration (HRSA) Nursing Education Loan Repayment Program.
Many health professionals seek the financial freedom that comes with an IHS Loan Repayment Program (LRP) award. The IHS LRP was created to support the mission of IHS while providing dedicated Indian health professionals with the financial support to pursue an uncommon path.
An LRP award provides $20,000 per year toward the repayment of health profession education loans. In exchange for this support, IHS LRP award recipients agree to serve at an Indian health facility identified as having a staffing need. Your initial two-year commitment can start you on a path to achieving your career goals sooner than you thought possible.
The OSU College of Osteopathic Medicine Association of Native American Medical Students recently learned about the Cherokee Nation Directed Studies Scholarship and Graduate Scholarships. From left to right are Treasurer-Mason Skinner, Vice-President-Shawna Passman, Chrissy Marsh of the Cherokee Nation College Resource Center, President-Nicholas Martin, and Secretary-Amanda Rember.
Many tribes offer educational assistance as well. Please use the following resources to see what you may be eligible for.
Completing the Free Application for Federal Student Aid (FAFSA) is the first step toward getting federal aid for college.
Completing and submitting the FAFSA is free and quick, and it gives you access to the largest source of financial aid to pay for college.
In addition, many states and colleges use your FAFSA date to determine your eligibility for state and school aid, and some private financial aid providers may use your FAFSA information to determine whether you qualify for their aid.
Good luck on your college search and please let us know if we can be of assistance with any questions or concerns that you may have.
Jason R Marrujo, M.S.
Manager, Student Financial Aid and Scholarships