Scholarships, Grants, and Fellowships

The awards listed below represent a small selection of what master’s in health administration students may be able to find. There are a number of professional and student organizations that offer scholarships to members to further their education, as well as awards for regions or schools.

In most cases, you will not be required to repay any part of what’s awarded to you through these opportunities. However, in your searching, you may come across fellowships that have repayment stipulations if you do not complete the program they’re awarded to fund.

Health administration fellowships are often designed for those who already have their master’s degree. These opportunities provide you with hands-on experience working in healthcare.

Grants are usually awarded to schools or academic departments to fund scholarships or the degree program as a whole. However, you may come across grant opportunities that will award you the funds you need to complete a research project or further education if you plan to pursue certification in your field. Applying for grant money is highly competitive, and it may take time for funding to come through. Eligibility requirements are strictly followed; talk to your school’s financial advisor to determine if this is something you should pursue.

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Corris Boyd Scholars Program

Amount
$40,000
Deadline
April 2016

This scholarship is open minority students accepted to or enrolled in an AUPHA-member school. Applicants must have at least a 3.0 GPA in all undergraduate classes. Along with their application, they must submit their transcripts, resume, GRE or GMAT scores, a personal statement and recommendation letters.

Albert W. Dent Graduate Student Scholarship

Amount
$5,000
Deadline
March 31, 2016

This award is open to minority students in their final year of a health management graduate degree, who can demonstrate financial need, have not previously won this award and are U.S. or Canadian citizens. Applicants are not required to be student members of the American College of Healthcare Executive, but preference is given to those who are.

Foster G. McGaw Graduate Student Scholarship

Amount
$5,000
Deadline
March 31, 2016

MHA students enrolled in their final year of full-time study may apply for this scholarship. Applicants must be able to demonstrate their financial need and prove U.S. or Canadian citizenship. They do not need to be members of the ACHE, though that is preferred, and they may not be past recipients of the award.

53 Scholarships match your search
Renewable
Minimum GPA

Albert W. Dent Scholarship

Deadline
March 31
Renewable
No

Applicant must be a minority who is a full-time student entering the fall term of their final year of classroom work in a healthcare management graduate program. Applicant must be a student associate of the American College of Healthcare Executives. Financial aid must be demonstrated.

Robert G. Shouldice Scholarship

Deadline
June 1
Renewable
No

Applicant must submit a letter stating career goals and objectives, resume showing employment history with a brief narrative describing specific employment responsibilities in the health care field, and three letters of recommendation. Reference letters should address performance, character, potential to succeed, and need for scholarship support.

Constance L. Lloyd/ACMPE Scholarship

Deadline
June 1
Renewable
No

Applicant must be a woman enrolled at an accredited college or university in Georgia. Applicant must submit a letter stating career goals and objectives, a resume showing employment history with a brief narrative describing specific employment responsibilities in health care field, and three letters of recommendation. Reference letters should address performance, character, potential to succeed, and need for scholarship support. Send for an application with a self-addressed, stamped, business size envelope.

Foster G. McGaw Scholarship

Deadline
March 31
Renewable
No

Applicant must be a student associate of the American College of Healthcare Executives and be able to demonstrate financial need. Applicant must be a full-time student entering the fall term of their final year of a healthcare management graduate program.

437 Scholarship

Deadline
March 28
Renewable
Yes

Applicant must prove Native American background.

Home for Aged Women Scholarship

Deadline
January 15
Renewable
No

Applicant must be a woman, be pursuing an associate degree, be studious, and demonstrate financial need. FAFSA is required.

Elizabeth Rose Hayes Scholarship

Deadline
January 15
Renewable
Yes

Applicant should rank in top two-tenths of class, have a minimum composite ACT score of 26 (combined SAT I score of 1050), and have leadership ability. Selection is based upon academic qualifications. Financial need is considered.

Claude S. Lawson Memorial Scholarship

Deadline
January 15
Renewable
Yes

Applicant should rank in top 5% of class, have a composite ACT score of 28-36 (combined SAT I score of 1150-1400), and have leadership ability. Selection is based upon academic qualifications.

Health Professions Preparatory Pregraduate Scholarship

Deadline
March 2
Renewable
Yes

Applicant must be a member of a federally recognized American Indian or Alaskan Native tribe, be a high school graduate or equivalent in good standing at current educational institution, have the capacity to complete a health professions course of study, and be accepted or enrolled in a health professions pre-graduate baccalaureate degree program.

Doctoral Dissertation Award for Arthritis Health Professionals

Deadline
February 6
Renewable
Yes

Preference given to an arthritis-related dissertation project. Applicant must be a member of his or her professional organization. Award is for non-laboratory research and is to be used for a salary stipend or research support. Applications will be available May 1.

Health Professions Preparatory Compensatory Preprofessional Scholarship

Deadline
March 2
Renewable
Yes

Applicant must be a member of a federally recognized American Indian or Alaskan Native tribe, be a high school graduate or equivalent in good standing at current educational institution, have the capacity to complete a health professions course of study, and be accepted or enrolled in a general education program prerequisite to a health professions program.

Victor W. Morgan, Jr. Scholarship

Deadline
January 15
Renewable
No

Applicant must be a resident of Scioto County, Ohio, or Greenup or Lewis County, Ky., be pursuing an associate or bachelor's degree, have good academic standing, and be of good character.

Kahler/Vickers/Raup/Emma Wettstein Scholarship

Deadline
February 15
Renewable
No

Applicant must be a woman and be a member of the Evangelical Lutheran Church in America.

St. David's Medical Center Healthcare Volunteers Scholarship

Deadline
February 15
Renewable
Yes

Applicant must be pursuing a healthcare-related degree at a school in Texas.

CU Denver M.S. Health Administration Scholarship

Deadline
March 2
Renewable
No

Applicant must demonstrate financial need and academic promise.

Leland R. Kaiser Scholarship

Deadline
October 31
Renewable
No

Applicant must demonstrate financial need.

M.S. Health Administration Alumni Scholarship

Deadline
March 2
Renewable
No

Applicant must be an outstanding student with financial need.

A.C. Siddall Educational Trust Fund Scholarship

Deadline
March 1
Renewable
Yes

Applicant must be a resident or current/past employee of a health care facility in the Allen Community Hospital District. Applicant must want to pursue or further their education in health care (including postgraduate or short-term refresher courses). Award is not for those who are studying to become doctors. FAFSA and Student Aid Report are required. Award amount is determined by committee.

Abbott Fellows Scholarship

Deadline
March 2
Renewable
No

Applicant must demonstrate leadership potential in management practice in hospital administration, and financial need.

Charles E. and Myrtle Burnett Memorial

Deadline
February 15
Renewable
No

Applicant must be a full-time student who was a graduate of Spiro or Heavener high school who is of Cherokee or Choctaw descent and is pursuing a career in health-care.

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Loans

There are two types of loans you can apply for to fund your master’s in health administration: private and federal. Most of these loans are unsubsidized, and you begin to earn interest as soon as the money is used. This interest is subject to repayment while you’re in school. However, if you decide not to pay the fees until after earning your degree, that amount will be added to the total you borrowed.

Private loans are obtained through banks or lending agencies. They are not need-based; loan amounts are granted based on a credit check. If you have low or bad credit, you may need someone to cosign your loan agreement.

Most who needed to take out loans to pay for their bachelor’s agree are familiar with the FAFSA process. For graduate school, you file as an independent student; you’re not required to include your parents’ financial information on the form. This often qualifies you for higher awards. Below is a table that outlines the types of graduate loans you may be offered.

Loan Comparison Chart

Stafford
Eligibility Requirements No previous federal loan defaults; Must attend school at least half time
FAFSA Yes
Credit Check No
Amount Available Up to $20,500/year; $138,500 for entirety of degree
Interest Rates Tied to 10-year treasury note + 3.6%; Maximum of 9.5%
Fixed Rate/Subsidized Yes/No
Repayment 6 months after leaving school
Income-based repayment Yes
Forgiveness After 20-25 years; 10 years for public servants
Graduate Plus
Eligibility Requirements Must attend school at least half time; acceptable credit
FAFSA Yes
Credit Check Yes
Amount Available Full cost of graduate study, including living expenses
Interest Rates Tied to 10-year treasury note + 4.6%; maximum of 10.5%
Fixed Rate/Subsidized Yes/No
Repayment Deferred until 6 months after school or after attendance drops below half time
Income-based repayment Yes
Forgiveness After 10 years if employed in nonprofit or government
Perkins
Eligibility Requirements Must qualify as low-income student; income cut-off varies by school
FAFSA Yes
Credit Check No
Amount Available $8,000/year; varies according to college
Interest Rates 5%
Fixed Rate/Subsidized Yes/Yes
Repayment 9 months after leaving school
Income-based repayment Yes
Forgiveness Various Cases
Private
Eligibility Requirements Based on credit
FAFSA No
Credit Check Yes
Amount Available Varies
Interest Rates Varies
Fixed Rate/Subsidized No/No (Usually)
Repayment Immediately (Generally)
Income-based repayment No
Forgiveness No

Teacher, Graduate or Research Assistant Jobs

Many schools allow graduate students to apply for positions as teacher or research assistants to professors. Though reimbursement will differ from school to school, many TA and RA roles give students a tuition break and a regular paycheck or monthly stipend.

In return for lowering the cost of tuition, TAs and RAs are required to help with preparing or leading classes, grading papers and helping the professors conduct research for their scholarly work. These are usually part-time jobs, and you will be required to fulfill your TA or RA responsibilities while still attending class and completing your coursework.