Scholarship Terms and Conditions
Institutional Scholarship Programs
The Hackensack Meridian School of Medicine (“HMSOM” or the “School”) has two categories of scholarships: need-based scholarships and merit scholarships.
Need Based Scholarships: In order to qualify for need-based scholarships, all applicants must apply and be approved for the AAMC Fee Assistance Program by December 31, 2023. Students apply for need-based scholarships by submitting the Free Application for Federal Student Aid (“FAFSA”). No separate scholarship application is required. Currently, each candidate qualifying for a fee waiver under the Association of American Medical Colleges (“AAMC”) Fee Assistance Program (FAP) receives a $25,000 need-based scholarship per academic year. Depending upon funding availability, candidates that have previously received a Pell Grant at another institution receive a $12,500 need-based scholarship per academic year. The scholarship will renew automatically in each subsequent academic year if the student continues to meet applicable requirements and remains in academic good standing at HMSOM. The availability and amounts of scholarships may vary based on the size of the applicant pool, admission dates and availability of funding for the scholarships.
HMH Merit-Based Scholarships: Free Application for Federal Student Aid (“FAFSA”) required. Students apply for merit-based scholarships by submitting a complete application for admission to HMSOM. No separate scholarship application form is required. Applicants to HMSOM are automatically considered for merit-based scholarships at the time of admission. An HMSOM scholarship committee will conduct a review of students and determine the eligibility of students, and the amounts of scholarships, based on assessments of a broad range of factors including MCAT test scores, grade point averages, advanced degrees, financial need, student background (including whether the student is a first generation medical student and/or whether the student is from a group that is Underrepresented in Medicine), research experience, community service, and any personal statements, interviews, or letters of recommendation). Students will be notified in writing by the Admissions Office if they qualify for receipt of a merit-based scholarship. The amount of the scholarships range in size from $10,000 annually to the full amount of tuition and fees for the academic year, depending upon entering cohort year. A continuing student’s merit-based scholarship will renew automatically in each subsequent academic year if there has been no reported, material change in the student’s eligibility. The availability and initial amounts of scholarships may vary based on the size of the applicant pool, admission dates and availability of funding for the scholarships.
The HMSOM has previously awarded scholarships in two merit-based programs that are not available to new students: Auxiliary Scholarship Program and Zabransky Scholarship Program. The School may award other merit-based scholarships.
Merit/Need scholarships will not exceed total tuition for the academic year; unless otherwise notated.
Scholarship Renewal Requirements
FAFSA must be renewed. Students must meet Satisfactory Academic Progress by the end of the Winter/Spring term. If renewal has been met at the end of the spring semester, your scholarship will automatically roll over to the next academic year. If criteria is not met, notification will be sent by the Office of Student Financial Services and the decision may be appealed. Scholarships can only be applied towards the cost of HMSOM tuition and students must be full-time. Scholarships will not exceed 4 years (8 semesters) of study. If you withdraw or stop attending HMSOM at any time while receiving Institutional Need, or Merit funding may not be guaranteed if readmitted. Students must receive confirmation from the Office of Student Financial Services.
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