Lancaster Physician Spring 2021 - 34

L A N C A S T E R M E D I C A L S O C I E T Y.O R G

Foundation Updates

Applications Sought for
Medical School Scholarships
LANCASTER MEDICAL SOCIETY FOUNDATION FUNDS AVAILABLE
FOR 2021-2022 ACADEMIC YEAR

A

pplications are now being accepted for the annual
scholarship program of The Lancaster Medical
Society Foundation. Lancaster County residents,
who have been accepted at or continuing a
medical degree at an accredited medical school, may apply.
Applicants must demonstrate academic achievement, exhibit
good character and motivation, and show financial need.
Scholarship awards for the 2021-2022 academic year will
be announced in September.
" It's no secret that medical school is expensive, " said
Beth E. Gerber, Executive Director of the Lancaster City
& County Medical Society. " While medical students have
always had problems with high debt, many of today's generation of young physicians are dealing with a daunting
level of financial challenges. "
The average medical school debt for the class of 2019 was
$201,490, according to data from the Association of American
Medical Colleges. While those figures include medical school
loans, as well as debt from undergraduate studies and other
higher education, the total represents a 2.5 percent increase
from the average medical student debt for the class of 2018.

LANCASTER

" Unfortunately, the prospect of taking on such debt
can be intimidating, " continued Gerber. " This issue
alone may deter some students and families from even
considering a future in medicine. The Lancaster Medical
Society Foundation is pleased to be able to recognize local
students with a passion for helping others and alleviate a
small part of their financial burden on their path toward
becoming a physician. "
Generously supported by the Lancaster County medical
community, including local health systems, hospital staff,
group practices, individual medical society members, and
various businesses and individuals, The Foundation has
awarded more than $256,000 in funds since its establishment in 1991.
For more information, or to obtain an application
for scholarship, please visit lancastermedicalsociety.org,
or contact Lancaster City & County Medical Society at
717.393.9588. Applications must be received or postmarked by July 2, 2021 for consideration.

34

PHYSICIAN


http://www.lancastermedicalsociety.org

Lancaster Physician Spring 2021

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