health professions scholarship program (hpsp) sfc joseph manos ssg jason digangi

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Health Professions Scholarship Program (HPSP) SFC Joseph Manos SSG Jason DiGangi

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Page 1: Health Professions Scholarship Program (HPSP) SFC Joseph Manos SSG Jason DiGangi

Health Professions Scholarship Program (HPSP)

SFC Joseph Manos

SSG Jason DiGangi

Page 2: Health Professions Scholarship Program (HPSP) SFC Joseph Manos SSG Jason DiGangi

Medical Student Career Trajectory Medical Student Medical ProfessionalMedical Resident

1 to 4 years, Sponsored by the US Army

3 to 7 years, at Military or Civilian

Residency programs FYGME

Active Duty Service

Page 3: Health Professions Scholarship Program (HPSP) SFC Joseph Manos SSG Jason DiGangi

Costs of Medical SchoolAAMC Tuition and Student Fees Report (139 schools)

Resident Non-ResidentTuition: 51,164 67,846Fees: 12,742 21,915Insurance: 5,232 5,232Housing: 11,400 11,400Food: 3,600 3,600Gas/Misc: 2,400 2,400Yearly Total: 86,538 112,393

4 Year Total: 346,152 449,572

Page 4: Health Professions Scholarship Program (HPSP) SFC Joseph Manos SSG Jason DiGangi

Cost of Student Loans

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Principal: $300,000Interest: 5.91%Loan Term: 30 yearsMonthly Payment: $1,781.33

Total Payback: $641,278.66

Page 5: Health Professions Scholarship Program (HPSP) SFC Joseph Manos SSG Jason DiGangi

Features and Benefits of HPSP RECEIVE FULL TUITION

BOOKS & FEES

RECEIVE MONTHLY STIPEND OF $2,178.90: Payments will be provided for 10 ½ months of each school year.

ARMY OFFICER PAY: For the remaining month and a half of the school year, you will receive the full pay and allowances offered a Second Lieutenant

Page 6: Health Professions Scholarship Program (HPSP) SFC Joseph Manos SSG Jason DiGangi

Pay while in Medical School$2,179(Stipend) x 10.5 months: $22,879.00

$2,828.00 (ADT) x 1.5 months: $4,242.00

$1,233.00 (Housing) x 1.5 months: $1,849.00

$223.40 (Subsistence) x 1.5 months: $335.00

Total pay and allowances per year: $ 29,305.00

Total pay and allowances for 4 years: $117,220.00

Page 7: Health Professions Scholarship Program (HPSP) SFC Joseph Manos SSG Jason DiGangi

Medical Student Career TrajectoryCivilian Residency:

Participants will be promoted to Captain and receive an Educational Delay for the residency training period. No sponsorship is given during the civilian residency. Upon completion of residency training active duty orders will be issued.

71-92% first time board pass rate

Military Residency:Participants will be promoted to Captain, be assigned as a active duty Soldier to a U.S. Army Medical Hospital in a Graduate Medical Education program.

11 teaching hospitals; 25 specialties; 68 residencies; 57 fellowships

95% first time board pass rate100% pass rate for 14 specialties last 5 years

Medical Resident

3 to 7 years, at Military or

Civilian Residency programs

Page 8: Health Professions Scholarship Program (HPSP) SFC Joseph Manos SSG Jason DiGangi

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Pay While in Civilian Residency

AAMC Residency Stipend Report

PGY1: $48,460PGY2: $50,361PGY3: $52,425PGY4: $54,541

Total for 4 year Residency: $205,787.00

Page 9: Health Professions Scholarship Program (HPSP) SFC Joseph Manos SSG Jason DiGangi

Pay While in Army Residency

$4,951.80 (Captain) x 12 months: $ 59,421.60$2,184.00 (Housing) x 12 months: $ 26,208.00$223.40 (Subsistence) x 12 months: $2,680.80

Total pay and allowances per year: $88,309.60

Total for 4 year Residency: $353,238.40

Page 10: Health Professions Scholarship Program (HPSP) SFC Joseph Manos SSG Jason DiGangi

HPSP Summary

• 100% of Books, Tuition, Fees, Insurance Paid

• Zero Student Loan Debt

• Over the course of 4 years of medical school and a 4 year residency you could earn up to $469,540.80.

Page 11: Health Professions Scholarship Program (HPSP) SFC Joseph Manos SSG Jason DiGangi

QuestionsSSG Jason [email protected]: 570-823-9914C: 877-230-0425

SFC Joseph [email protected]: 570-823-9914C: 443-694-9561

Page 12: Health Professions Scholarship Program (HPSP) SFC Joseph Manos SSG Jason DiGangi