“Like in 2016, we’re going to give out five awards. However, we’ve raised quite a bit more money for 2017, so the prize amounts for 1st-3rd should be quite a bit higher.”
- 1st Place- 60% of the cash raised
- 2nd Place- 30% of the cash raised
- 3rd Place- 10% of the cash raised
- 4th Place- A copy of The White Coat Investor: A Doctor’s Guide to Personal Finance and Investing for every member of your class, plus a $100 Amazon gift certificate
- 5th Place- $100 Amazon gift certificate
How much cash has been raised so far?
So far for 2017 the scholarship amount is $34,150.
Who can apply?
Only professional students enrolled full-time for the 2017-2018 year and in good academic standing are eligible (yes, we actually call your school and check.) That means medicine, osteopathy, dentistry, law, pharmacy, nurse practitioner, physician assistant, optometry, podiatry etc. No undergraduates. No residents. Even if you’re a dental resident paying tuition. Sorry. Students only.
You do not need to be a US resident, but you MUST HAVE A US SOCIAL SECURITY NUMBER. As we are not a registered charity, the winners of the top three prizes will be required to fill out a W-9 for us and we will issue them a 1099 and report the income to the IRS. Consider it to be fully taxable income. The good news is your tax bracket is almost surely dramatically lower than ours, allowing us to give more and you to receive more on an after-tax basis.
Deadline: Applications open June 1, 2017. The final date for submission is August 31, 2017.
Website and application: https://whitecoatinvestor.com/scholarship/