Scholarships, Scholarships!

Every spring marks the upcoming deadlines for scholarship applications for the next academic year! This week’s newsletter has both UMKC scholarship applications and tips to find more in the community!

►UMKC/SOM Competitive Application

The 2024-2025 UMKC Scholarship application deadline is fast approaching. Apply by March 1  by midnight to be considered for UMKC competitive scholarships and a number of SOM scholarships for Medical, AA, and PA students.

ALL students are encouraged to complete the General Scholarship application which is a universal application that allows you to apply for hundreds of UMKC scholarships at once. If you are going to be in Year 3-6 or a AA or PA student in 2024-2025, then you will be automatically prompted to complete the SOM supplemental application.

Note: References are not required for the SOM scholarships. However, it is best practice to list references if you can as some of the UMKC Competitive scholarships may require them.

►Search for Scholarships in the Community

Did you know we have a large resource page on our website that showcases external scholarships you can apply for? We’ve linked scholarships for all programs within the SOM, so be sure to check it out here.

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►Scholarship Spotlight on Canvas:

Here are a few external scholarships that are open and featured to apply to.  As always, find more featured scholarships on the “What’s Happening” page of the SOM Financial Wellness Canvas.

1. Marilyn McGuyre Scholarship
   1. Deadline 4/15
   2. Open to all BA/MD students
2. Forrest and Marjorie Martin Graduate Scholarship
   1. Deadline 4/1
   2. Open to all students pursuing a graduate degree and who are from Eastern Jackson County.
3. PA STUDENTS: Susan Lindahl Memorial Scholarship
   1. Deadline 4/30
   2. Open to PA students with an interest in orthopedics

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►Resource Spotlight

AAMC Financial Wellness: The AAMC has created a robust financial management dashboard specifically designed for medical students. Use this dashboard to:

• Track Financial Health
• Budget & Track Spending
• Create Financial to-do’s
• Create Financial Goals
• Organize Student Loans
• Utilize Resources & Calculators

Create a free account today! Visit the site here and choose UMKC as your school.

Be sure to check out the MedLoans calculator for easy student loan organization and management.

This Week at AAMC: The Psychology of Money

This week explores how unconscious beliefs and biases may guide our financial decisions.

• • The Powerful Effects of Our Beliefs and Biases
  • Avoiding the Pain of Bad Financial Decisions
  • Cognitive Biases
  • How Our Beliefs About Money Affect Our Goals
  • Challenge – How Do I Feel About Money

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►Upcoming Events:

(RSVP through the Financial Wellness Center on RooGroups)

February 13th @ 12 pm – Scholarships 101

March 20th @ 5 pm – Money Moves for Residency

Calling all Year 6 students! In this 90-minute event, we will review student loan repayment, employee benefits, home loans for physicians, and money management tips to ensure the transition to residency is financially smooth! We will have a mortgage lender from FNBO as one of our speakers and dinner will be provided!

March 28th @12pm – Know What You Owe

Do you know how much you owe in student loans? In this virtual session, students will discover how to manage student loans and repay them upon graduation. The information will be specific to School of Medicine students and their loans.

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