For many aspiring medical assistants, finding a quality training program is the easy part. Community colleges and training institutes across the country have
Fortunately, medical assisting students have a number of real options out there to them to help fund their educations, including federally-sponsored financial aid, school-specific funding programs, grants, scholarships, loans and payment plans. This page is designed to walk readers through the full education funding process for medical assistant students, with useful information on all of the above-described financial aid sources – what’s available, where to find it, and how to get it.
Online Medical Assistant Programs with Financial Aid Support (2020)
There are many excellent medical assistant programs that can be completed either fully or partially online for which students can use financial aid. Proper institutional regional accreditation – i.e., schools accredited by a regional accrediting organizations recognized by the Council for Higher Education Accreditation (CHEA) – is key. That’s because federal financial aid, as well as most other types of financial aid support, is typically only available to students enrolled in regionally-accredited programs. Medical assisting programs themselves – as distinct from the schools that offer them – may also be accredited, most commonly by the Commission on Accreditation of Allied Health Education Programs (CAAHEP) and/or the Accrediting Bureau of Health Schools (ABHES). Below you’ll find a list of the top online medical assistant programs with financial aid support, starting with detailed spotlights of our top three schools.
Ways to Fund Your Medical Assistant Training
Students seeking help in paying for their medical assistant education (and that’s pretty much all of them) have several resources that may be available to them that don’t include a cash infusion from their parents. Here are the four most common:
Top Scholarships & Grants for Medical Assisting Students
Almost all medical assistant education programs require either one year (certificate and diploma programs) or two years (associate degree programs) of study to complete. That makes them both shorter and less expensive than most post-secondary education programs, like those for four-year bachelor degrees. Nevertheless, medical assistant students shouldn’t be deterred from seeking out and applying for scholarships and grants to help fund their educations. Scholarships and grants are available for medical assistant students, both those specifically for medical assistant programs and those offered based on other criteria, such as income level, ethnic background, academic achievement, and more. However, most (but not all) scholarship programs open to medical assistant students are limited to those enrolled in 2-year degree programs.
Below is a sample of the scholarships that medical assistant students can apply to today:
Financial Aid Q&A for Medical Assistant Students
It’s no surprise that students have a lot of questions about funding their medical assistant educations. Here are the three most asked questions by students about paying for school:
Financial Aid Resources for Medical Assistant Students
We’ve hopefully covered all of the important information to get you started on funding a medical assistant education program. If you have additional questions, however, or if you’re simply ready to further explore the subjects of medical assistant training, medical assistant careers, and funding your education, here are several useful online resources to check out:
Medical Assistant Professional Associations and Organizations
American Association of Medical Assistants (AAMA): Provides medical assistant professionals with education, certification, credential acknowledgement, networking opportunities, advocacy and more. Includes links to AAMA-affiliated state organizations.
American Dental Assistants Association (ADAA): Association that advocates for the dental assistant profession in areas such as education, credentialing, legislation, professional activities, and more.
American Registry of Medical Assistants (ARMA): Organization representing medical assistant professionals throughout the U.S.
Financial Aid Resources
Consumer Financial Protection Bureau (CFPB) – Paying for College: Federal government website with student loan and student banking financial guides, a tool for comparing financial aid offers, and more.
Federal Student Aid: Department of Education website providing comprehensive information on federal loans and grants. This is where you go to fill out your FAFSA form.
FinAid.org: Free site featuring information on student loans, scholarships, saving for college and military student aid, as well as a wide range of helpful college cost-related calculators.
National Association of Student Financial Aid Administrators (NASFAA) – State Financial Aid Programs: Provides links to government financial aid programs in all 50 states, Washington D.C., Guam, Puerto Rico and the Virgin Islands.
Bureau of Labor Statistics Occupational Outlook Handbook – Medical Assistants: BLS website offering useful information and statistics on the medical assistant profession.
Health Resources & Services Administration (HRSA): Information and data site for the federal government’s Bureau of Health Workforce.
U.S. Department of Veterans Affairs – VA Education and Training Benefits: Clearinghouse page for information regarding GI Bill and other education benefits for veterans.
Scholarship Search Sites
College Board: Link to the College Board’s scholarship search engine. College Board also provides lots of helpful information on paying for college, exploring careers, and much more.
Fastweb: Scholarship and student loan tools that target searches based on the searcher’s interests, strengths and skills.
Peterson’s: Comprehensive scholarship search engine. Peterson also offers search tools for colleges and online schools, as well information on college test and career prep, and more.
Unigo: Site includes search engines for colleges and student loans as well as for scholarships.