Consider two numbers: 190,000 and 25,664. The first is the average debt a medical school student incurs over four years in the United States. The second is the average per capita income in Louisiana. Relieving the burden of student debt and expanding access to medical education is crucial to our mission at the LSU Health Shreveport. We want to afford our graduates the freedom to practice medicine where it is needed most. Also, we know that the best way to keep our most talented students in Louisiana is to offer them competitive scholarship packages. Cost should not be a barrier preventing the best and brightest students in Louisiana from pursuing a career in medicine. Donor funds can be used to endow new scholarship awards or defray the cost of existing institutional scholarships.
Beyond alleviating the burden of student debt, named scholarship endowments are an intriguing carrot for our most qualified applicants that see opportunity from coast to coast. They also allow donors the freedom to designate preferred criteria for selecting scholarship recipients—like geography, undergraduate major, or financial need. Your gift of a scholarship endowment helps attract and retain top students and bring prestige to the institution.
Underwriting Institutional Scholarships
Not to be forgotten, need and merit based institutional scholarships are an integral part of the financial aid picture at LSU Health Shreveport. In 2017, the Board of Supervisors permitted LSU Health to discount the tuition of 10 students each year for the length of their medical school career, creating a cabal of institutional scholarships. These scholarships give the admissions committee a broad range of merit and need based tools to keep LSU Health competitive with peer medical schools.