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TMA has a number of loan funds available to medical students within the state of Texas. Funds are limited to specific medical schools annually. Please contact your financial aid office directly to see if you qualify.

Dr. S. E. Thompson Scholarship Loan Fund
 

  • Available only to students attending The University of Texas System medical schools: The University of Texas Medical Branch at Galveston, The University of Texas Southwestern Medical Center at Dallas, The University of Texas at Houston Health Science Center, and The University of Texas Health Science Center at San Antonio.
  • Students may borrow up to $4,000 per year; lifetime maximum $4,000.
  • No residency requirement.
  • Borrowers are limited to a combined fund total of $8,000.


Dr. May Owen Irrevocable Trust Loan Fund
 

  • Available to students attending the following Texas medical schools: Baylor College of Medicine, Texas A&M Health Science Center College of Medicine, Texas Tech University Health Sciences Center, and University of North Texas Health Science Center at Fort Worth.
  • Student may borrow up to $4,000 per year; lifetime maximum $4,000.
  • No residency requirement.
  • Borrowers are limited to a combined fund total of $8,000.


TMA Alliance Medical Student Loan Fund
 

  • Available to students attending any medical school in Texas.
  • Students may borrow up to $4,000 per year; lifetime maximum $4,000.
  • Students must be Texas residents.
  • These funds are limited. Please contact TMA for availability of these loans.
  • Borrowers are limited to a combined fund total of $8,000.


TMA Special Funds Foundation Medical Student Loan Fund
 

  • Available to students attending any medical school in Texas.
  • Students may borrow up to $4,000 per year; lifetime maximum $8,000.
  • Students must be Texas residents.
  • These funds are limited. Please contact TMA for availability of these funds.
  • Borrowers are limited to a combined fund total of $8,000.


TMA Special Funds Foundation Durham Student Loan Fund 

  • Available to students attending any medical school in Texas.
  • Students may borrow up to $4,000 per year; lifetime maximum $8,000.
  • Students must be Texas residents.
  • These funds are limited. Please contact TMA for availability of these loans.
  • Borrowers are limited to a combined fund total of $8,000.


GENERAL REQUIREMENTS 

  • Interest is due on the anniversary date of the loan.
  • Principal repayment begins four years after graduation from medical school.
  • Equal monthly payments will be made for four years.
  • Loans may be repaid in full at any time prior to maximal tenure without penalty.
  • The note will become due if the student should discontinue the study of medicine.


HOW TO APPLY 

  • The medical schools financial aid offices determine student’s eligibility for these funds.
  • Students must apply through their medical school’s financial aid office.
  • An in-person interview session with a TMA Trustee is required.
  • Upon approval, a check will be mailed directly to the student.


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