Funding your Medical Assistant training
For those who cannot afford to pay all, or part of their tuition and educational materials to earn their medical assistant diploma or degree, there often are other funding options available to those who qualify. Funding for medical assistant training at an approved vocational training institution or community college may be available through low interest educational loans, federal direct student loans from the U.S. Department of Education for those who qualify. Federal Student Aid Programs offer the following types of aid to help you pay for your education after high school.
- Grants—student aid funds that do not have to be repaid (other conditions apply)
- Work-Study—a part-time work program to earn money while you are in school
- Federal Loans—student aid funds that you must repay with interest
Types of Student Loans
The types of federal student loans are Perkins, Direct Stafford, Direct PLUS (graduate and professional degree student borrowers), Direct PLUS (parent borrowers) and Direct Loan Consolidation. Even better than a loan to finance your medical assistant training is money that is COMPLETELY free trough educational grants, scholarships, or state and government funded vocational training programs.
Means of completely free Medical Assistant Training for job seekers, the unemployed, or financial needy…
Vocational training and education usually costs money, money out of YOUR own pocket, however some aspiring medical assistants can get their training by training right on the job under the direction of the doctor who hired them, or by enrolling into government sponsored vocational training programs such as Job Corps, ROP and ROC, WIRED, vocational rehab programs funded under government programs for the unemployed, or disabled, or the GI bill for soldiers. Others get their training by joining the military, such as their state’s National Guard where they train under the supervision of a health services officer in a Medical Company while also getting paid, ergo… completely free medical assistant training, although their job title is medic, not medical assistant; but fair enough.
Military Training, Scholarships and Tuition Assistance
1st Lt. Amanda Hunt-Queen (left), of Tulsa, reviews a patient’s chart with Spc. G. Antoine of Glennpool, Okla. Amanda is a health services officer and a medical assistant at Southcrest Hospital. Antoine is a medic with the 120th Medical Company, 120th Engineer Battalion, 90th Troop Command, Oklahoma Army National Guard.
Photo Credits: Cpt. Geoff Legler, OK National Guard office of public affairs.
Many university offer military and first responder scholarships and textbook and software grant for eligible active-duty service members, spouses and dependents, as well as reservists, veterans and first responders (fire, police and EMS). Many also participate in the Department of Defense’s Career Advancement Accounts (MyCAA) Program, which offers military spouse tuition assistance. This program was established to support military spouses in pursuit of an associate degree that prepares them for employment in high-growth, high-demand portable careers.
And then there is Job Corps, ROP and WIRED
Local Workforce centers funded by tax dollars, such as Job Corps, WIRED and Regional occupational centers (ROC) and ROP also provide finance for free training that aspiring medical assistants can benefit from.
Vocational training institutions that qualify receive educational funding and grants from the U.S. Department of Labor Employment and Training Administration’s Workforce Innovation in Regional Economic Development (WIRED), which is then used to provide completely free vocational training to those who enroll into their programs and qualify. The California Department of Education (CDE) distributes funding to ROC for educational activities for welfare recipient students and those in transition off of welfare. The educational activities are limited to those designed to increase self-sufficiency, job training and work. For information contact your Regional Occupational Centers and Programs and Workforce Development centers.
Medical Assistant Training Scholarship from AMT
A scholarship must be earned, but it is completely free money that goes toward your education. American Medical Technologists (AMT), a nationally and internationally recognized allied health professional certification association, awards one $2,500 and three $1,500 scholarships annually to individuals who have met the following criteria:
- Applicant must be a member in good standing with AMT
- Applicant must be enrolled in a college or university accredited by a regional accrediting commission
- The program of study should be concerned with disciplines certified by AMT
- Applicant must provide evidence of financial need and career goals
Applicant must file their complete application and submit all required information prior to April 1st to be considered for the current year’s scholarship. All info on how to apply and submit supporting documents for AMT’s Medical Assistant Scholarship can be requested directly from AMT.