Scholarship endowment is critical to keeping open the doors of higher education to deserving students regardless of their financial circumstances. Through an endowed scholarship, donors can:
- Permanently honor the person whose name it bears
- Influence the quality of and accessibility to medical care for this and future generations
- Inspire philanthropy in others
On average, more than 90 percent of our medical students receive scholarship and loan support each year to secure their education. Yet, most medical students still incur educational debt. Members of recent classes have graduated with an average medical school debt of more than $150,000 each. Projected average debt for members of the Class of 2014 is expected to reach $170,000.
Scholarship endowment makes a significant difference: Every $1,000 in scholarship support reduces a student's potential indebtedness by more than $8,400.
Wake Forest’s School of Medicine admits students without regard to their financial circumstances. Once admitted, the university works with students and their families to find a financial aid package that includes scholarship grants, work-study opportunities, loans, and student and family contributions.
By admitting students regardless of their ability to pay for their education, the School of Medicine gets the most talented people from all walks of life, creating a diverse community that mirrors the world around us.
See a complete list of endowed scholarships at the Wake Forest School of Medicine.