If you have an excellent academic track record in your school days or you meet the eligibility criteria, you can win a scholarship to study medicine for free at some reputable institutions. The following are some of the reasons to apply for such a scholarship opportunity.
No cost or little cost
The basic necessity to go for a scholarship is to reduce the financial burden of paying the extra-large fee of educational institutions. Apart from other streams, medicine will need you to pay even more to complete the education. However, if you have either a full or proportionate scholarship, you can avoid paying a lot. Although you will not pay the entire fee, you can continue studying the same course for all the years. It will reduce the pressure on you and will let you concentrate on vital things like your studies and networking. You need not borrow money from anyone and you need not wait for long years to complete this debt if you have a scholarship. Hence, you should look for medical scholarships before joining a medical school.
Better concentration and time saving
Let us assume that you are about to pay the entire fee of the medical school by borrowing money from someone for which you should pay monthly interests. As you would not have other sources of income, you will be in a compulsive situation to go to work simultaneously while studying on the other hand. It will create discomfort in your studies as you could not find time to concentrate on your subjects. If you need not pay a penny to the school because of your scholarship, you will not face such issues and will have more time to study well.
Increased salary
In case you are studying with loans, you would have to pay the loan back with interest for several years even after the completion of your studies. So, whatever you earn will come back home contracted to a smaller amount after the deduction of these loan amounts. You could not even enjoy the salary you get after studying for these many years. If you are studying with a scholarship, you need not pay the amount back. So, you can enjoy whatever you earn.
Improved resume
You will put a lot of skills and achievements in your resume. However, most of these will be there on your co-student’s resume also. But employers will not find a student with a full-time scholarship often. Hence, you can stand out from the crowd if you did your medical schooling without paying a penny. You will be preferred during the hiring process most of the time.
Recognition and contacts
You can get automatic recognition from lots of people inside and outside the campus. There will be some scholarship meetings where people who are studying with scholarships will also attend. You can make contacts easily through these meetings. Some research people would also contact you and may offer you research opportunities if you have won scholarships.