Funding Programs for Medical Residents
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What is the Financial Assistance Program (FAP)?
The FAP is designed to provide significant financial support during your residency, ensuring you can focus on your education without the added stress of financial concerns.
FAP Benefits During Residency:
- $45,000 Annual Grant — Paid directly to you
- $2,999 Monthly Stipend — Supporting your living expenses ($35,988 annually)
Total Annual Financial Support During Residency:
- Estimated Total Annual Compensation During Residency: ~$80,988
- Full Reimbursement for Tuition, Fees, Books, and Equipment
Post-Residency Commitment and Benefits
Upon completing your residency, you’ll enter the Army healthcare community as a Captain (O-3) with extensive financial incentives and comprehensive benefits:
Additional Army Benefits for You and Your Family:
- Comprehensive Medical Coverage at little to no cost
- 30 Days of Paid Vacation Annually, plus 11 federal holidays
- VA Home Loan Benefits — No down payment, no PMI, and competitive rates
- Retirement Benefits — Secure pension plan for long-term stability
- Commissary & Exchange Privileges — Exclusive discounts on shopping, travel, and entertainment
- Professional Development — Continuing education, advanced training, and leadership growth opportunities
This comprehensive program offers financial relief during your residency, career stability after graduation, and the satisfaction of serving a mission-driven purpose.
I’d be honored to discuss how this opportunity aligns with your personal and professional goals. Please let me know a convenient time to connect.
Recruit the future of Army Medicine in order to provide America’s Sons and Daughters with state of the art healthcare and a system of health that is second to none.
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