Financial Aid and Funding Opportunitiesfinancial aid

The cost of a quality education is not insignificant; most students need to look beyond their own resources for assistance. When students take on loan debt, the pressure to perform and secure employment can be overwhelming.

The Michigan Osteopathic Association is committed to assisting, making sure students have resources that will allow them to meet their needs. 

Below we are pleased to offer links to opportunities for both medical students and health care professionals, including scholarships, internships, fellowships and grants.


Michigan Loan Reimbursement and Employment Solution

Participant Information
About MiLES
The Michigan Loan Reimbursement & Employment Solution (MiLES) offers $50,000 in loan repayment to medical students during their residency in exchange for a 2-year post-residency service commitment in a medically underserved area of Michigan. The goal is to match employers with providers who would like to stay in the community beyond their 2-year service commitment.

Eligible Disciplines and Specialties
You must be enrolled in the last 2 years of residency in one of the following disciplines, Allopathic (MD) or Osteopathic (DO) and one of the following specialties:

  • Family Medicine
  • General Surgery 
  • Allopathic (MD) Internal Medicine
  • Psychiatry
  • Osteopathic (DO) Pediatrics
  • OB-GYN

Participant Requirements
• Complete residency
• Complete and pass national licensing board examination
• Obtain a license to practice medicine in the State of Michigan
• Be a U.S. citizen (U.S. born or naturalized), U.S. national, or Lawful Permanent Resident
• Have unpaid government or commercial loans for school tuition
• Agree to forgo any subspecialty fellowship training for at least 2 years post-residency
• Agree to work in a medically underserved area of Michigan for 2 years post-residency

Employment Match
The Michigan Health Council (MHC) will work with you to find an approved service site that you will enjoy. This service is at no cost to you. When applying to MiLES, you’ll list your top three sites and/ or geographic areas of preference. MHC will provide you with options based on your preference list.

How to Apply
The MiLES application period is Jan 1 – Feb 28. Medical residents in their last 2 years of residency may apply.

Link: www.milesprogram.org

Employer Information (PDF)
Provider Information (PDF)


Resource Links

Michigan State University College of Osteopathic Medicine
Link: Financial Aid 

American Association of Colleges of Osteopathic Medicine
The American Association of Colleges of Osteopathic Medicine (AACOM) represents the 34 accredited colleges of osteopathic medicine in the United States. These colleges are accredited to deliver instruction at 51 teaching locations in 32 states. In the current academic year, these colleges are educating nearly 29,000 future physicians—more than 20 percent of all U.S. medical students. Six of the colleges are public and 28 are private institutions.

Links:
U.S. Colleges of Osteopathic Medicine financial aid programs
Federal Funding Opportunities and Resources
Programs and Funding Opportunities

 

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SoFi (Link)

If you still have student loans, SoFi may be able to save you thousands. SoFi refinances federal and/or private student loans at low rates. MOA Members, friends, and family receive a .25% Rate Discount* upon refinancing through SoFi.com/MOA