Scholarship Payment Info
Scholarship Budget
The intention is to select a group of scholars who meet the academic eligibility requirements and have a financial need for awards totaling $200,000 over two years. This $200,000 (or other amount depending on the number of eligible applications) will be paid over the junior and senior years of the successful scholarship awardees, subject to the awardees maintaining scholarship eligibility (as defined below). Fulfillment of the intention will depend on an adequate number of students who fulfill the eligibility requirements. It is hoped and expected the quality of the students and the scholarship process are worthy of the program being renewed annually.
The scholarship is currently funded with generous support from the Na Pua Foundation and Procter & Gamble’s Flow It Forward Scholarship Program.
Procter & Gamble’s leading tampon brand, Tampax, believes that knowledge is power, the need for education is limitless, and everyone has a right to know their own body. Through the Flow It Forward project, Tampax is on a mission to end the misinformation surrounding health and period care, and ensure equal representation and access to medical resources – starting with the Flow It Forward Scholarship Program, which was created to support the next generation of Black female doctors and healthcare professionals. To learn more about Tampax Flow It Forward, please visit .
NOTE: The JW Carmichael, Jr. Pre-Medical Scholarship is open to all eligible students, both male and female, per the criteria detailed here.
Scholarship Award Amounts and Award Components
Scholarship award amounts to successful applicants will be based on each student’s financial need, as determined by the 藏精阁 Office of Financial Aid Award Letter for the Award Year July 2023 – June 2024. The maximum amount of each scholarship shall be $40,000. The scholarship amount shall be paid in equal amounts over junior and senior years. The scholarship awards shall be for direct education costs, such as tuition, and/or stipends to cover indirect education-related expenses such as rent, MCAT preparation and application fees, and medical school application fees, etc. The type of award (direct education costs and/or stipends for indirect education-related costs) shall depend on the financial needs of each successful applicant, with the maximum set at $20,000 per type of award.
Scholarship Award Payment Timing
Direct Education Cost
The direct education cost component of each award shall be paid in four equal installments, at the beginning of each semester of junior and senior years. The direct education cost awarded during the first year will be the same amount awarded during the second year, provided the scholar satisfies eligibility requirements for second-year renewal.
Stipends
The Stipend portion of each award shall be paid in equal installments monthly over the academic junior and senior years. The purpose of the stipend funds is solely to further the scholar’s education. Each applicant agrees that if awarded this scholarship the applicant will use all the stipend funds to further the applicant’s education. Otherwise, there shall be no restrictions on how each scholar uses the stipend funds. At the end of each academic year the scholar receives scholarship funds, the scholar shall provide a brief summary of how these expenses were used. The stipend portion awarded during the first year will be the same amount awarded during the second year, provided the scholar satisfies eligibility requirements for a second-year renewal.