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The Scholars Fund

Since 1950, the American Medical Association (AMA) Alliance—the largest volunteer arm of the AMA—has worked with the AMA Foundation to raise money for medical schools to distribute to deserving students. This program has provided more than $60 million in scholarships for aspiring physicians.

On December 31, 2013 , the Scholars Fund program will sunset and the AMA Alliance Grassroots Honor Fund will become the new vehicle for the Alliance’s scholarship fundraising efforts. It will provide $10,000 scholarships to medical students with a commitment to address the needs of women and children. Learn more about endowment giving opportunities, including the Honor Funds.

Medical school deans or deans’ designates, learn more about the process of requesting the remainder of your school’s Scholars Fund balance below.


 

Scholars Fund Awards – Making a Difference

Scholars Fund recipients reported that the scholarship had an impact by:

  • Reducing their debt levels (84%)
  • Providing encouragement (73.9%)
  • Reducing stress (52.1%)
  • Receiving recognition (43.7%)

Deanna M. Shoup, a student at University of Minnesota Medical School, Duluth, received a Scholars Fund Award and explained, "My transition to medical school has been filled with amazing opportunities and trying circumstances. My husband and our five children have made this move together and we are all willing to sacrifice, but having this scholarship means that we will not have to sacrifice the important things....it is truly a blessing that the AMA considers this an important investment."

Jay Patel, a student at University of Alabama School of Medicine, Huntsville, received a Scholars Fund award and stated, "Your support and dedication to my medical education will never be forgotten.  Because of your generous gift, I have been able to choose a specialty based on my interests, instead of compensation.  Thank you for contributing to the future – and present – of health care."

Courtney Hathaway, a student at University of Washington School of Medicine, received a Scholars Fund award and stated, "Thank you so much for providing me with this scholarship, I can’t tell you how much I appreciate your generosity.  As the daughter of a Montana rancher, worrying about how I will pay for these four years of medical training is overwhelming.  Support from contributors like you will undoubtedly help ease the burden of student loans and allow me to focus on doing well in school and worry less about how I will pay for it.  More importantly, it will give me the opportunity to pursue a specialty that I love without worrying about how well it pays."

Paul Ramsey, MD, Dean, University of Washington School of Medicine, recognized the importance of the Scholars Fund support by stating, "Scholarships help our students afford a medical education – and, in reducing loan debt, scholarships allow students to feel more freedom to pursue lower paid but urgently needed professions, or to choose to work in rural and other medically underserved communities.  We are indebted to you for helping our students to make a real difference to our communities and our world."

Process for Scholars Fund Distribution to Medical Schools

The AMA Foundation keeps track of donations for each medical school in separate accounts. Medical schools will be notified in March of their account balance.

Because the Scholars Fund will sunset December 31, 2013, the Foundation asks that schools request the full amount of their balance.

The medical school dean or the dean's designate, at his/her discretion, chooses the scholarship recipient(s) and may divide the school’s total balance into smaller amounts to create a greater number of scholarships or limit the funds to fewer, but larger, monetary awards.

AMA Foundation scholarship information has been sent to the offices of the dean, student affairs, minority affairs and financial aid.

There are no student application forms for this award. There is, however, a Scholars Fund recipient information form that the medical school must submit to the AMA Foundation.  After the AMA Foundation receives this form, the funds are then sent to the medical school.

If you are a medical student seeking scholarship funds, contact your dean or dean's designate to learn more about this opportunity. 

AMA Foundation scholarship information has been sent to the offices of the dean, student affairs, minority affairs and financial aid. There are no student application forms for this award.  There is, however, a Scholars Fund recipient information form that the medical school must submit to the AMA Foundation.  After the AMA Foundation receives this form, the funds are then sent to the medical school.

If you are a medical student seeking scholarship funds, contact your dean or dean's designate to learn more about this opportunity. 

AMA Alliance Grassroots Honor Fund

Continuing 60 Years of Support for Medical Students

In 2013, the Scholars Fund program will sunset and the Alliance Grassroots Honor Fund will become the new vehicle for the Alliance’s fundraising efforts.

The Alliance aims to continue their legacy of support for medical students by raising $250,000 for the Alliance Grassroots Honor Fund to provide $10,000 scholarships to students with a commitment to addressing the needs of women and children.

Beth Irish, a member of the Alliance Legislation Committee, recently made a generous gift to the Alliance Grassroots Honor Fund. “It is so very important that we, as a medical family, help support this fund,” said Ms. Irish. “Today it is impossible for medical students to graduate without an albatross of debt around their neck.”

Ms. Irish encouraged others to join her in supporting the Alliance Honor Fund in saying, “Consider the need and consider giving back.”

For more information on the Alliance Grassroots Honor Fund, please contact Anne Smith, Development and Planned Giving Director for the AMA Foundation, at (312) 464-5852 or anne.smith@ama-assn.org.