Army Scholarship Requirements for Medical School

Through this academic scholarship, students can earn a full ride to any accredited medical, dental, veterinary, psychology or optometry program. They'll also receive a monthly stipend of about $2,000, which increases by approximately 3 percent every year for a cost-of-living adjustment. The U.S. Army Health Care Team will also pay for books, equipment and other associated academic fees. In addition, students receive a $20,000 sign-on bonus that can be used to pay pre-existing student loans, buy a new car or save for a rainy day -- it's the student's call.

So what do you need to apply? The requirements are fairly straightforward, and the good news is that the acceptance rate is 90 percent or higher if you meet the requirements. To qualify, you must:

  • Be a U.S. citizen with a bachelor's degree
  • Be accepted into, or applying for, an accredited graduate program in the U.S. or Puerto Rico (the scholarship can only be claimed once enrolled)
  • Remain a full-time student throughout the program's duration
  • Qualify as an officer in the United States Army Reserve

What are the pros and cons of these scholarships?

Pros

  • Little or no debt after medical school
  • Military internship and residency salaries are higher than those for civilians
  • Unique opportunities available, such as working with special forces soldiers
  • Benefits for you and your family
  • The honor of serving your country

Cons

  • Medical school graduates must apply for a military internship/residency, though deferment is possible
  • Students owe their military obligation time after their residency
  • While most major military hospitals are very reputable, the smaller ones can be less so scholarship recipients' first duty is to the military
  • Moving frequently (every 2 years) is common when fulfilling the active-duty obligation

Of course, Army scholarships come with obligations. We'll discuss those on the next page.