Recruitment/Service Obligation Scholarships
The Office of Financial Aid at KCUMB can help you learn more about the various scholarships available to you.
Incoming students are eligible for the following KCUMB College of Osteopathic Medicine recruitment scholarships based on their academic performance and promise. All scholarships, with the exception of the diversity scholarship, are one-time awards.
Note: The receipt of any full-tuition scholarship from any source (i.e., National Health Services, Military, etc.) will negate an applicant's eligibility for any KCUMB Recruitment Scholarship.
Presidential Scholarship
Amount: $10,000
Awarded to: Incoming College of Osteopathic Medicine students with a score of 30 or higher on the MCAT and a minimum cumulative GPA of 3.95
Applied toward: Tuition costs
Application: Not required
Selection: Awarded automatically based on confirmation of final scores
Renewable: No (first year only)
Dean's Scholarship
Amount: $5,000
Awarded to: Incoming College of Osteopathic Medicine students with a score of 29 or higher on the MCAT and a minimum cumulative GPA of 3.90
Applied toward: Tuition costs
Application: Not required
Selection: Awarded automatically based on confirmation of final scores
Renewable: No (first year only)
University Scholarship
Amount: $1,500
Awarded to: Incoming College of Osteopathic Medicine students with a score of 28 or higher on the MCAT and a minimum cumulative GPA of 3.75
Applied toward: Tuition costs
Application: Not required
Selection: Awarded automatically based on confirmation of final scores
Renewable: No (first year only)
Diversity Scholarship
Amount: $20,000
Awarded to: Three incoming College of Osteopathic Medicine students, who are under-represented minorities in medical education, with a score of 28 or higher on the MCAT and a minimum cumulative GPA of 3.65
Applied toward: Tuition costs
Application: Not required
Selection: Awarded automatically based on confirmation of final scores
Renewable: Yes. This award would be renewable for three additional years and would require the students to maintain a minimum cumulative GPA of 3.00 and earn a minimum satisfactory grade on all courses/clerkships. In the event that there are more than three candidates that qualify, scholarship recipients would be determined by a selection committee.
Note: Under-represented minorities include all students who indentify their ethnicity as Alaskan Native, American Indian, Black, Hispanic, Native Hawaiian or Pacific Islander. In medical education, Caucasian and Asian populations are not considered under-represented minorities.
Service Leadership Award
Amount: $10,000
Awarded to: One male and one female incoming College of Osteopathic Medicine student, who have:
- Demonstrated outstanding service and/or leadership in a health-care related field (excluding shadowing experiences)
- Shown significant financial need (qualified as $0-$6,000 expected family contribution on the incoming students FAFSA and total resources — outside scholarships, parental support, etc. — no greater than $5,000)
Applied toward: Tuition costs
Application: Required. Download application (writable PDF)
Selection: Scholarship recipients determined by a selection committee
Renewable: No
Service Obligation (Military) Scholarships
To be eligible for the military scholarship, you must be a U.S. citizen. Recipients are provided full tuition, fees, books, equipment and a monthly stipend. For each year of scholarship support, the student must serve one year in the designated service branch. The minimum obligation is two years. KCUMB traditionally has a high number of students receiving military scholarships.
Military and National Health Service Programs
For military programs, students should contact their recruiter or the recruiters on the list that follows:
U.S. Army
U.S. Army Health Care Recruiter
7500 College Blvd., Ste. 720
Overland Park, KS 66210
913-469-1795
U.S. Navy
U.S. Navy Medical Officer Programs Recruiter
Navy Operations Support Center
3100 Emanuel Cleaver II Blvd.
Kansas City,MO 64130
816-924-4278
U.S. Air Force
Air Force Recruiting Office
4600 SE 29th St., Ste. 356
Del City, OK 73115
405-672-1253
National Health Service Corps (NHSC)
Health Resources and Services Administration
Bureau of Primary Health Care
Division of Scholarships and Loan Repayments
800-221-9393
http://nhsc.hrsa.gov
Veteran's Information
Matters pertaining to the Veteran's Administration should be directed to the Director of Financial Aid.
Loan Programs
Loans are awarded based on demonstrated financial need and are subject to the availability of funds. The Office of Financial Aid at KCUMB can help you learn more about the various loan programs available to you.
Primary Care Loan (PCL) – Health and Human Services Title VII
A student must commit to primary care including the internship, residency and practice. The interest rate is 5 percent. Loan amount is contingent upon the availability of funds. Parent financial information is needed. Available to third- and fourth-year students only. For more information about this loan, go to: www.hrsa.gov/loanscholarships/loans/primarycare.html
Federal Direct Stafford Loans – Department of Education Title IV
The Stafford interest rate is fixed at 6.8 percent and offers a six-month grace period. A loan originiation fee of 1.051% is charged. The cumulative maximum Stafford limit for medical students is $224,000, of which only $65,500 can be Subsidized Stafford.
- Federal Direct Subsidized Stafford Loan
Beginning July 1, 2012, this loan is no longer available to graduate/professional students.
- Federal Direct Unsubsidized Stafford Loan
This program provides $20,500 per year. Interest accrues from the date of disbursement; unpaid interest will capitalize at repayment.
- Increased Unsubsidized Stafford for Medical Students
Allows an additional $20,000 (nine-month academic year) to $26,667 (12-month academic year) per year.
Federal Direct Graduate PLUS (GradPLUS) Loan
This federal loan program became available July 1, 2006. Congress extended the undergrad PLUS (parent) loan to allow graduate students to borrow on their own signature up to the cost of attendance (less the amount of Sub/Unsub Stafford loans and other aid). A credit check is required. The interest rate is fixed at 7.9 percent; requires the borrower to pay a 4.204 percent origination fee. The fee is deducted from the loan proceeds. The GradPLUS enters repayment immediately after it is fully disbursed, at which time it is placed in an in-school deferment while the student continues in school. The loan enters a six-month post-enrollment deferment at the time the student is no longer enrolled. The same deferment and forbearance options apply as with Stafford loans.
Federal Perkins Loan – Department of Education Title IV
Perkins monies are contingent on the availability of funds and the demonstration of need according to federal regulations and University guidelines. The interest rate is 5 percent; loan limits are up to $8,000 per year with a total aggregate of $60,000, including undergraduate loans.
For more information regarding Title IV federal student loans, go to: http://studentaid.ed.gov/PORTALSWebApp/students/english/funding.jsp.
Financial Aid Application Process
Step 1: FAFSA Application
Each year, students must complete the Department of Education's Free Application for Federal Student Aid (FAFSA) posted online at www.fafsa.ed.gov. KCUMB's Title IV code is: G02474.
Parental information is not needed. As of 2013, those who filed a tax return for the previous year (2012), should ensure that the FAFSA filing status is "Already Completed" and that IRS Data Retrieval (if available) is selected. FAFSA applications filed with "Will File" status require that it must be updated to "Already Completed" and selected IRS Data Retrieval to populate tax information.
Step 2: Review Student Budget - Cost of Attendance
This budget information is provided to assist you in estimating your monthly budget and managing your available financial resources (e.g., employment earnings, financial aid and assistance from family members) for the upcoming academic year. Click here to review the student budget guide.
Step 3: Review Financial Aid Application Process
Students should thoroughly review the application information on this page, as well as eligibility requirements and other policies.
Step 4: KCUMB Application
The Office of Financial Aid at KCUMB offers a convenient online application process called NetPartner. Students will complete an application for financial aid, review the required forms and check the status of missing forms, and accept/decline/reduce their aid award.
For Incoming Students: After the acceptance and matriculation fees have been paid, Financial Aid will contact the student when the application for financial aid becomes available and provide instructions for the online application process. Students must complete the online Federal Entrance Counseling session at studentloans.gov in order to receive federal loan funds.
For Continuing Students: The Office of Financial Aid will email the online application instructions to all students through their KCUMB email account. Once the student has completed the application, the Office of Financial Aid will take the following steps to finish the financial aid process.
Determination of Awards
Once the student has submitted all required documents and completed forms as listed on the application for financial aid, the Financial Aid Office determines his or her aid eligibility. Processing of students’ financial aid is done in the order the files became complete for packaging. The calculation to determine financial aid eligibility is cost of attendance (KCUMB student budget) minus outside resources (scholarships, etc) equals eligibility. Using a priority system, aid award packaging begins with the consideration of gift assistance and scholarships, then education loans. Students who require loans must apply for the Federal Direct Stafford loan. Higher-interest rate loans such as the Federal Direct GraduatePLUS are considered as a last resort to fulfill the student’s unmet need. Each student must complete a Direct Stafford loan Master Promissory Note (MPN) and a Direct GraduatePLUS loan MPN online on the studentloans.gov website in order to receive funds from these programs.
Note: The Federal GraduatePLUS requires good credit. The Federal Direct Loan program reviews the student’s credit to determine approval or denial of the loan. If denied, the student may appeal the denial or apply with an endorser (co-signer). Students who are unable to obtain the loan will need to rely on personal resources to finance the balance of their educational costs.
Notification of Awards
Once an award letter has been completed, the student will be notified by email to log in to NetPartner to view the letter and accept/decline/reduce the aid offered. The timing of notification is based upon the academic year start date. Summer start dates generally receive Award Letters beginning in May and fall start dates generally receive them in June/July.
The award letter shows the cost of attendance (student budget) according to the student’s program/class, and the total annual financial aid awards the student may receive from all sources.
Beyond the sources of assistance indicated on the award letter, student should seek out private scholarships.
Student Loan Disbursements
Student loans are disbursed in two equal disbursements, with the first at the beginning of the academic year. For first- and second-year students, the second disbursement generally occurs the second week of January. To be eligible for the second disbursement, the student must have successfully completed the fall semester and attended the first day of class. For third- and fourth-year students on clerkship, the second disbursement is released after half of the required clerkships have been completed.
The student will receive a disbursement schedule at the beginning of the academic year to aid in budgeting their student loan funds. Direct loan funds are received into the University's bank account by electronic funds transfer from the U.S. Treasury. The funds are posted to the student's tuition account by the Business Office for the amount of tuition and fees due at that time, and the remainder is refunded to the student for other educational and living expenses. This process may take up to 14 days.
Perkins loans and Primary Care loans are disbursed from the KCUMB Accounting Office, also in two disbursements.
Repeated Academic Year
A student whose appeal of dismissal is granted and is allowed to repeat an academic year may be eligible to receive financial aid on Financial Aid Probation (see Satisfactory Academic Progress policy). The student's enrollment must meet at least half-time status. Audited sections do not qualify toward enrollment status for financial aid eligibility and loan deferment. This enrollment status also applies to a student returning from a Leave of Absence who had completed a portion of the academic year and must audit sections successfully completed.
Conflicting Information
If a review of student financial information reveals discrepancies or shows conflicting information, no federal, state or other financial aid will be released until the discrepancy or conflicting information is resolved. The following guidelines concerning discrepancies are in effect:
- Students who fall into this category may be school-selected for verification. A verification worksheet will be mailed to the student by the Financial Aid Office;
- The student will be given every opportunity to provide an explanation or documentation to resolve the conflict;
- If the Financial Aid Office gives an adverse decision, the student may submit a written request for appeal to the Director of Financial Aid.
KCUMB-COM Loan Repayment Opportunities
National Health Service Corps Loan Repayment Program
Amounts: Up to $60,000 in loan repayment for a two-year commitment (full-time) at sites with an HPSA score of 14 or more; up to $40,000 for two-year commitment (full-time) at sites with an HPSA score up to 13. Scores for NHSC sites are determined in the following way: the higher the score, the greater the need.
This program is an opportunity, assuming federal funding continues to be provided, for primary care physicians to obtain loan repayment, working at NHSC approved sites. The physician would have completed a primary care residency, and either (1) be working at an NHSC-approved service site or (2) have accepted an offer of employment at an NHSC-approved service site and will begin employment at the site by the specified date (this year: July 15, 2013). An application must be completed, provide required documents, and be approved.
Other requirements for applicant:
- Be a U.S. citizen or U.S. national
- Be working full-time (or part-time for a reduced amount of payback) in an HPSA approved site, in one of the following disciplines: family medicine, obstetrics/gynecology, general internal medicine, geriatrics, general pediatrics, or general psychiatry
- Have educational loans with a current balance.
There are opportunities for additional loan repayment, but this must be approved on a yearly basis. Additional information is available on the NHSC Loan Repayment website.
Indian Health Service Loan Repayment
Amounts: Up to $20,000 per year in loan repayment for a two-year commitment (full-time), for a total of $40,000. Like the National Health Service Corps Loan Repayment, an applicant's chances of receiving a contract is based on the score of the site. Scores for IHS sites are determined in the following way: the higher the score, the greater the need.
Deadline: Applications are accepted beginning Feb. 15 and will remain open until funds are exhausted. This program is a future opportunity for current students, assuming federal funding is still being provided.
Requirements for applicant:
- Be a U.S. citizen
- Have a health profession degree or be in postgraduate training
- Have a valid state license to practice in a health profession. Health profession students in their final year of postgraduate clinical training are eligible to apply before obtaining a license. However, you are not eligible for an award until you provide proof of licensure to the branch office.
- Be committed to practice at an Indian health facility.
- Be prepared to begin service on or before Sept. 30, 2013, for two continuous years of full-time clinical practice.
- Not currently receive funding or be fulfilling a service commitment with other federal loan repayment scholarship programs.
You do not need to show proof of American Indian ancestry to apply. However, American Indians and Alaska Natives receive priority consideration when all factors are equal between applicants (such as site score and staffing needs). Visit website for more information.
AAMC First Loan Repayment/Forgiveness Scholarship Programs
Click here to visit this searchable database that provides detailed information about many of the state and federal programs available to medical students, as well as students in other health profession programs.