April 27, 2016 – PhysicianLoans Helps Osteopathic Medical Students with Increased Support of the Andrew Taylor Still Memorial Scholarship
PhysicianLoans – the leading provider of home mortgage loans for medical professionals today announced the 2015 Andrew Taylor Still Memorial Scholarship winners. The foundation for the Student Osteopathic Medicine Association (SOMA), the largest network of osteopathic medical students, awards the scholarships each year.
The cost of medical school is at an all-time high, so for the average medical school student who graduates with a debt of $180,000, scholarships play an important role in financing an education.
Working with PhysicianLoans and its company President Tal Frank, the SOMA Foundation raised this year’s AT Memorial Scholarship to $1000 in scholarship funds compared to $500 last year. “We are so thankful for the continuous support from PhysicianLoans, when it comes to the SOMA Foundation and the AT Still Memorial Scholarship,” explained Jonathan Bardahl, Director of Scholarships-Grants for the SOMA Foundation. “AT Still was the founder of Osteopathic Medicine and we love having the opportunity to provide a scholarship like this that rewards students using Osteopathic Medicine during their clinical years.”
This year’s winners received their scholarship awards on April 15 in Washington DC. The two scholarship winners for 2015 include:
• Allen Shepard, OMS IV at Lake Erie College of Osteopathic Medicine (LECOM)
• Adam Fish, OMS III, Campbell University School of Osteopathic Medicine (CUSOM)
Applications have quadruped in the past two years as more students become aware of the scholarship. Since the financial award highlights the Osteopathic Manipulative Treatment (OMT), students are using their training to get a little cash on the side. Allen Shepard, who hails from Phoenix, plans to use his scholarship award money by attending off-campus OMT trainings. “This scholarship will cover both registration and lodging costs for my upcoming training in June,” said Shepard.
Adam Fish, the other 2015 scholarship winner, says scholarships geared toward medical students typically come with specific qualifications, such as being a minority, serving in a leadership position, or with the stipulation to practice in a specific region. As a result, he often doesn’t qualify for many other scholarships. “I qualified for this one because I enjoy OMT, use it often and have many good experiences with it that I can share,” explained Fish, who will use the award money to cover some expenses during his fourth year of medical school.
PhysicianLoans has supported students who pursue a Doctorate in Osteopathic medicine since 2008. “We see a strong alignment between our financial support of a doctor’s education and what we can offer these students upon graduation, when many seek to find the most advantageous physician home loans,” said PhysicianLoans President Tal Frank. “We impact the healthcare landscape with continued support of medical education and delight in bringing a little financial relief to deserving medical students.”
Since 1993, PhysicianLoans, a division of Tower Mortgage Corporation, has focused exclusively on providing home mortgage loans to medical professionals. Located in Columbus, Ohio, PhysicianLoans is known for its unique, flagship product The Doctor Loan, which is offered to medical doctors, dentists and veterinarians, many who find themselves laden with heavy student loan debt that often prohibits obtaining a conventional mortgage loan.
Source – PRWeb