Financial Wellness News – 5/22/2023

New Scholarships Available!


UMKC SOM Native American/Alaka Native Scholarship:

We would like to inform you of a Native American/Alaska Native scholarship funded through a UMKC grant awarded by Health Resources and Services Administration (HRSA). This scholarship is part of UMKC’s rural medical education program funded in part by HRSA to support medical student recruitment and training to practice in rural, tribal, and medically underserved areas. Eligible students must be in good standing in either the BA/MD or MD program. Please see the instructions and eligibility at the link below.  Contact Dr. Wacker if you have questions (

Click below for the Application and Eligibility:

Native American Scholarship

Scholarship for Future Black Physicians

The scholarship is open to Black medical students (MD or DO) who are US citizens and are attending medical school in the United States or the Caribbean.

The first prize award is a $12,000 cash scholarship and a 1-year membership to OnlineMedEd.

Three additional finalists will each receive a 1-year membership to OnlineMedEd. All other applicants will receive a 50% discount on a 1-year Premium or Road to Residency membership.


►Got loans?

The MedLoans Organizer and Calculator from the AAMC is a fantastic tool to stay up to date on your student loans. Not only can you organize each loan you can also run repayment scenarios based on your financial situation upon graduation.

If you have questions about transitioning financially from Med School to your career you’re welcome to schedule a meeting with your Financial Wellness Counselor to discuss. Email to schedule.


►Resource Spotlight

AAMC Financial Wellness: 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.

This week @ AAMC Financial Wellness: Setting Financial Priorities

A look at the factors influencing how we spend and save money.


►Upcoming Events:

(RSVP through the Financial Wellness Center on RooGroups)

Happy summer! Check back in later for upcoming Fall 2023 events.