Financial Aid
Students are responsible for payment of tuition, fees, housing, transportation, and other associated educational expenses. Various financial aid programs are available through Malcolm X College and other organizations, in the form of loans, grants and scholarships, to assist students with expenses associated with PA education. Contact the MXC office of Financial Aid to discuss your eligibility and the options available to you. Assistance is limited, based on need, and/or previous academic achievements. You can obtain financial aid information by contacting the Malcolm X College Financial Aid Office at (312)850-7070.
Harold Washington Scholarship Residents of District 508 (City of Chicago) may apply for a Harold Washington Scholarships. These scholarships are competitive, require a GPA of 3.0 and demonstrated financial need. They cover tuition and are awarded on a semester-by-semester basis to selected qualified students. New students to MXC will learn more about this scholarship program after acceptance into the program. Please note: Continuing MXC students (including those enrolled at MXC in the past) must submit the scholarship application by the established deadline in the spring semester to be eligible for scholarship assistance as PA students. Contact the Financial Aid Office for information.
Student Academy of the American Academy of Physician Assistants (SAAAPA)
Please visit the website of Student Academy of the American Academy of Physician Assistants’ (SAAAPA) at http://saaapa.aapa.org/prepa/financialaid.htm
for other PA scholarships and funding sources.
Federal Stafford Loan Programs (Subsidized and Non-subsidized)
Federally sponsored need-based loan programs offered to qualified students at a low variable interest rate. Students can apply in September, one month following the beginning of Fall Semester.
Assistance through the American Academy of Physician Assistants
The AAPA has published a free booklet describing financial aid programs available to physician assistant students. Some of these scholarships, loan repayment programs, and student loan programs are not applicable to students in this Program.
Assistance through Government Agencies and Community Organizations
The National Health Service Corps (NHSC), the Federal Bureau of Prisons (FBofPr), the Illinois Department of Public Health (Allied Health Professions Scholarship) offers a limited number of scholarships with required service obligations after graduation.
Selected PA Scholarships/Loan Repayment Programs |
|
Organization/Program |
Address |
Phone |
Illinois Department of Public Health
Allied Health Professionals Scholarship
|
535 West Jefferson
Springfield, IL 62761
|
217/782-4977
|
|
National Health Service Corps
Scholarship and Loan Repayment Programs |
East West Towers Building-10th Floor
4350 East West Highway
Bethesda, MD 20814 |
800/638-0824 |
American Academy of Physician Assistants
Physician Assistant Foundation |
950 North Washington Street
Alexandria, VA 22314-1522 |
703/836-2272 |
Alternative Sources of Student Aid
You may wish to consider these other options to finance your PA education:
Apply for a consumer, private or alternative loan to help finance your studies while you are still working full-time. Put that money aside to cover expenses.
Approach a current or future employer for a loan or stipend assistance in return for a commitment to work at that institution after graduation.
Veterans
Veterans and their eligible dependents may use their educational benefits (G.I. Bill) at the College under the
Veterans Administration Title 38 United States Code 10. All Veterans or their eligible dependents wishing to
activate their benefits should apply directly to the Certifying Official of the College, located in room 1325.
Please carefully plan and consider how you will finance your physician assistant education. You are advised to prepare a budget, which should include your personal, family (if applicable), and estimated education costs. Before you undertake PA training, you should plan for the significant financial adjustments and sacrifices that may be required, as limited aid is available and because of the time requirements, which affect outside employment. Financial concern is the most common reason for our students’ poor academic performance during their study in the program and also one of the most common reason for them to drop out of the program.
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