Paying for PA School: 5 Smart Strategies Every Pre-PA and PA Student Should Know

Posted on January 4, 2024Comments Off on Paying for PA School: 5 Smart Strategies Every Pre-PA and PA Student Should Know

The journey to becoming a Physician Assistant is thrilling, but there’s one little hurdle we can’t ignore—paying for PA school. It’s expensive! And here’s the kicker: most PA programs frown upon students working while they’re knee-deep in coursework and clinicals, and some PA schools even make it a requirement to NOT work while attending their program. So, how can you make those tuition payments without taking on a part-time job? We’ve got five savvy strategies to share.

1. Scholarships

First up, let’s talk scholarships. They’re not just for the academic elite; there are plenty of scholarships specifically tailored for PA students. Start by checking out scholarships offered by professional organizations like the American Academy of Physician Assistants (AAPA) or your state’s PA association. Check out the PA Foundation as well. Don’t forget to explore local scholarships, too. The beauty of scholarships? They’re basically free money, and who doesn’t love free money?

2. PA Program Assistantships

Some PA programs offer assistantship opportunities that can ease your financial burden. These positions might involve research, teaching, or administrative work within the program. While they come with responsibilities, they also come with benefits like tuition remission and a stipend. It’s a sweet deal that can help you cover those pesky bills.

3. Loan Forgiveness Programs

Ever heard of loan forgiveness programs? These gems are tailor-made for PA students. Programs like the National Health Service Corps (NHSC) offer loan forgiveness in exchange for working in underserved areas after graduation. It’s a win-win—you get to pursue your passion while chipping away at those student loans.

4. Federal Aid and Grants

Don’t underestimate the power of federal aid and grants. The Free Application for Federal Student Aid (FAFSA) is your golden ticket to access federal grants and low-interest loans. Depending on your financial situation, you could snag some serious help from Uncle Sam. Fill out that FAFSA like your PA dreams depend on it—because they just might!

5. Be a Financial Guru

Last but not least, become a financial guru. Budgeting might not sound glamorous, but it’s your ticket to financial freedom. Keep track of your expenses, cut unnecessary costs, and consider splitting costs (like room and board) with your peers. By mastering your finances, you’ll be better equipped to tackle those tuition bills and emerge from PA school with your financial sanity intact.

6. Military Repayment Opportunities

Here’s a hidden gem: military repayment opportunities. If you’re open to a military career, consider programs like the Health Professions Scholarship Program (HPSP) or the Uniformed Services University of the Health Sciences (USUHS). These options can provide financial assistance for your education in exchange for military service, not to mention the tons of other perks that come with working for the government. It’s a unique path that can lead to a rewarding career while minimizing your financial burden.

Paying for PA School Is Possible!

Paying for PA school is undoubtedly a challenge, but it’s a challenge you can conquer with the right strategies. From scholarships and assistantships to loan forgiveness programs and federal aid, there are ways to make your PA school dreams a reality. So, roll up your sleeves, apply for those scholarships, and remember—your journey to becoming a PA is worth every penny.