Each year the White Coat Investor (WCI) offers a scholarship opportunity to students enrolled in full-time US professional schools. This year’s application opened June 1, and the deadline is August 31. Students must be in good academic standing in eligible professional schools, including medical, dental, law, podiatry, pharmacy, physician assistant, nurse practitioner, and veterinarian, among others. The stated goal of the scholarship is to reduce winning students’ indebtedness and to promote financial literacy in professional schools.

The lion’s share of the application is an 800 to 1200 word essay. There are 10 grand prize winners.

For more information please check out this web page.

For the past few years, the White Coat Investor has funded a scholarship for full-time professional students, including those in medical, osteopathic, dental, law, pharmacy, nurse practitioner, physician assistant, optometry, and podiatry schools. The goal is to both reduce the winning students’ debt burden and spread “an important message of financial literacy throughout medical, dental, and other professional schools.”

This year’s first place winner’s essay is here. It’s great and worth a read. Second through fifth places can be found here. Keep your eye out for next year’s contest. The financial support is significant.