Is hpsp worth it. Please let me/us know about the pros and cons.

Is hpsp worth it. I’m going into EM and did the math.

Is hpsp worth it. I'm looking into threads about the HPSP scholarships and HPSP/NHSC--is it worth it for me? I'm sure this question gets posted a million times so my apologies in advance for starting a 1000th thread on it. At the same time, I've done some of the wildest shit, with some of the best people I've I was recently informed of a scholarship opportunity funded by the military and it is called the Health Professions Scholarship Program (HPSP). Looking for advice on HPSP. Also they lead us to believe the PBRNR was 2. With that being said I The Health Profession Scholarship Program (HPSP) is a great way to pay for dental school. Now I suffer from anxiety and insomnia. But that's my been my personal experience and I'm sure some of my classmates might disagree. From the financial side of Hello, Is HPSP worth it? Does it cover 100% of DS costs (exceeding ~350K or higher)? Is the salary as a military dentist worth it and comparable to an associate and would it allow someone to purchase a practice after 4 years of serving? In my opinion, definitely not. I think there are scholarships available for pharmacy and dental The headache is not worth the trouble unless you have some interest. 1 * The median educational debt for indebted medical students graduating in 2019 was $200,000. This is my HPSP is definitely not worth it for $300k. Is The HPSP Scholarship Worth It? It is easy to get excited about the financial benefits of a HPSP scholarship, but accepting one carries a lot of weight. Currently, the military medical system is going through a complete overhaul under the DHA. Rule of thumb for HPSP is that if you're only in it for the money, don't do it. Military medical students in the Health Professions Scholarship Program (HPSP) or in the Uniformed Services University of the Health Sciences (USUHS) must participate in a military match, and they will apply to the military Joint Service Graduate Medical Education Selection Board. I’m coming up on my 11th year in the army (stayed past HPSP commitment to do OMS residency) and will be getting out finally. The HPSP has a one-for-one trade, meaning for every year of scholarship, candidates owe the military one year of active-duty service. I was looking at getting a new laptop/tablet for school, and came across a post saying that HPSP will reimburse PC rentals but not purchases. Not only will you fall years behind your peers in terms of clinical skills, you will have to deal with constant BS that only occurs in the military. M. I am very debt-averse, so I know that had I taken on a Good to know that HPSP recipients are largely at the mercy of the HPSP program as to our final placement. July 2024. I've been thinking about applying 3 year HPSP or NHSC to fund my dental school education. The Navy Health Professions Scholarship Program (HPSP) is available to high school seniors. 2 I received HPSP and am now finished with my military obligation. The length of these scholarships can vary by Service branch. A lot will depend on your specialty, which goals may change during school. HPSP member here. i feel the pros far out weigh the cons. Just read a few years' worth of posts on the relevant SDN The HPSP offers 100 percent of the cost of dental school, medical school or qualifying postgraduate school tuition; a sign-on bonus of up to $10,000 for dental school and medical school candidates Health Professions Scholarship Program (HPSP) Fact Sheet. (I don't even know I will be able to get into the program at this moment) BUT I've been deeply involved in managing my family business for a Let's talk about the HPSP scholarship (Health Professions Scholarship Program). Estimated total debt is 115-130k. As a HPSP student, you are a reservist. This scholarship is available on USAJOBS, pretty much works like the military HPSP but with the VA. You will have a better shot at practicing the medicine you want. then no it is not worth it, you will be miserable, and resent how the man screws you over at every chance he gets. As far as opportunity cost goes, I would only consider HPSP for a loan amount of $350k+. It’s not worth it. but it may also be worth hiring an accountant or the like to look at this type of information for you if you are not financially literate. Air Force HPSP recruiter here. HPSP offers a two, three, and four year military scholarship. Which also means you wouldn't be able to be active and reservist at the same time Literally, no shit, if I could do one thing over in my life it would be to NOT sign on for the HPSP scholarship. I had to do a lot of stuff during my fall semester of my first year and it definitely got in the way of studying. It's just up to you. Removed. Plus then no issues worrying about getting MD/merger residencies v DO-only residencies. For background, the medical school I attended was one of the most expensive in I wanted to write a real “review” of the HPSP scholarship and touch on life as a military medicine physician. -you will do more paperwork and random “training” in the military than civilian sector, by a lot. Personally I did Army HPSP and would do it again / recommend it to people frequently when asked. Introduction. This is the The worth scale notdeadyet posted is right on the money, and the worth of the HPSP and how much you will love/hate it later depends on who you are and your needs as an individual. 2 If you are not aware of what I am talking about, it is the Armed Forces Health Professions Scholarship Program (HPSP). You will make up all loans and costs as a civilian attending quickly. Reactions: 1 users N. HPSP scholarship worth it? Thread starter Magyarzorag; Start date Nov 5, 2019; This forum made possible through the generous support of SDN members, donors, and sponsors. If you have any questions about the program or process you can comment here or shoot me an email. no one comes out of school with the hand skills where they need to be for private practice. N@VYDMD New Member. 5 years, not 3. Financial Analysis Calculator Spreadsheet Created by Carl P. The program is competitive and the number of scholarships will vary from year to year. In 2023 alone, 4 HPSP students were selected for OMS, 2 for Pros, and 7 for comprehensive dentistry residency. and here is the big thing for me, you gain experience in the army without the cost of your reputation. In an effort to be helpful, I've devised a formula. 5 years. At the $250K debt range, I'd say it's not worth it to enter the HPSP. HPSP-Worth it to do PC rental? Hello, Just got accepted for medical HPSP. You will get paid more than the yea-hoos like me, you understand the downsides of being in the military (and presumably are more willing to deal with them), and your commitment time to retirement is shorter. I want to ask current dentists who are serving or have served. you The highschool subreddit is a dynamic online community where students connect, share experiences, and seek advice. Whether or not it is Health Professionals Scholarship Program (HPSP) HPSP is an umbrella program that encompasses Army, Navy and Air Force scholarship programs (note, there are no If you are not certain what you want to go into or don't like the other aspects of military culture, it is NOT worth it. You will learn more in the private sector, make more money, have more freedom, etc. It's filled with engaging discussions on academics, extracurriculars, college prep, and social life. It’s worth it if you think you’ll enjoy serving in the military, if you won’t be happy not worth it. However, with constantly rising costs of attendance and unsubsidized loans, there must be a theoretical point at which the HPSP becomes a good deal, especially for primary care physicians. Financially, even with an expensive school, interest, and a four-year residency, HPSP was still a net loss in funds. Hi all, I’m looking into the health professions scholarship program and wanted to get some insider opinions on it. Regarding the HPSP, I find the name of the program misleading. You can make WAAAYYY more money on the outside with less frequent movement of you, your household goods, and your family. I definitely recommend it. Figured this is the best place to put this. That being said, looking a little back. Is HPSP (military scholarship) worth it/good idea? Basically the title. It is I have applied for the Air Force HPSP and am set to attend MEPS next week. Most of the people here joined either because they wanted to serve or because they went to a 90k+ private school. Not true. About seven years ago I wrote a HPSP Guide for this site (still in use!). just my view on the subject. Is it worth it? Yes, the money aspect MUST be worth is because of the debt I will have once I graduate. I haven’t even graduated yet and I regret accepting the scholarship. If you go to a state school that’s already less expensive, just pay the loans. Joined Feb 18, 2024 Messages 1 Reaction score 3. It is NOT worth it. I know the HPSP Scholarship only "tops off" your other tuition loans, so it's HPSP makes more sense for someone going into primary care, less sense (financially) for someone going into a very well compensated field. The non-financial aspects just depend on you. That amount of debt is manageable. The opportunity is there as long as you’re competitive enough. Financially, not worth it at all. I am in my first year of dental school and will graduate with just about 500k in debt. I love military medicine (I better, I owe a lot of time) but its not for everyone. However, at $400K it's certainly worth entertaining. If your school will put you in debt of $500k or more then it's worth it. There are some exceptions, like if you attend an insanely expensive school where you would rack up I received a military-funded scholarship that paid the cost of medical school called the Health Professions Scholarship Program (HPSP) upon being granted acceptance into medical school. I am currently deployed to Afghanistan and have about 18 months left on my commitment. You can always sign up for the HPLRP after you're a dentist if that desire to serve in the military is still there. If anyone that participates in HPSP could share the major pros and cons to it, basically just trying to find out if you would do it again if you could go back in time, such that the pros outweigh the cons. Let me know if you have questions . Military medicine is separate from VA HPSP. I also tried to do HPSP but did not get through. While my med school friends are almost certainly making more money, I have almost no debt and have far more invested in my retirement than they could. And even I will be getting out I"m fairly sour on the whole HPSP/USUHS thing but I think if anyone is happy in military medicine, it is the prior service guys. I am trying to do Ortho with a fellowship in trauma which I believe (not completely sure) means I will owe 6 years of my life which sucks ass. There’s a lot of bureaucracy and if you haven’t already started the application process it will probably take 6+ months for all your paperwork to be processed and get you paid. For background, the medical school I attended was one of the most expensive in Was it financially worth it? (written November 2023) One of the biggest considerations of this scholarship is the financial benefit - did this pay off better than taking out loans? The answer Is HPSP Worth It? Whether or not the HPSP program is worth it or not is up to you. I’m a reapp and applying both MD and DO and I’m worried about the limited competitive advantages of DO which seem to be nonexistent for a military match. no one pays off their loans in 4 years so financially alone that makes it worth it for me. Compensation also includes a signing bonus under certain conditions. So it is possible you would be separated since you wouldn't have a base. The money is not worth the hassles of the military (endless non-medical crap, can't travel wherever you want whenever you want, the politics of it, limits on GME). Also it’s fairly new and I don’t think there’s been a single person yet to graduate residency and go work on their VA obligations. This might be worth posting in r/medicine to get a sense of military medicine, if you haven’t already. I wanted to write a real “review” of the HPSP scholarship and touch on life as a military medicine physician. You can do PSLF and get your loans forgiven after 120 payments (10 years) with most residency and fellowship counting towards the qualifying payments. You will be eligible for the post 9/11 GI Bill which will pay for civilian residency. It seemed like there were a lot of benefits to me. Curious if anyone has an experience with this? Was it worth the hassle of submitting paperwork every year or should I just buy one? Well, in that case the worth of going through HPSP, would be $1,050,000 and the civilian worth would be $1,400,000, with the civilian ahead. I can think of only a couple of scenarios where the money would be worth it. You will be in the IRR for a few years post Army. Obviously, this is such a personal decision of what YOU would need, too, that there are some on this board who wish they had not done it. I was thinking it would be if you went into general dentistry It definitely was worth it. I did the National Guard HPLRP was a pretty great deal. However, by looking at a few factors, you can compare the VA HPSP scholarship, and what you wish to get Not only does a HPSP scholarship cover all tuition, books, fees, it also provides a generous monthly stipend. We are losing days off, increasing the amount of trainings/time away from home for training, DHA is trying to cut With hpsp you are technically a reservist (except for the weeks out of the year where you are active). As the official commitment gets closer, I am getting nervous about making such a huge I wanted to write a real “review” of the HPSP scholarship and touch on life as a military medicine physician. I still have no idea where I’m being relocated. Combined with the debt relief it's a no brainer. You can easily look this up. Is the Air Force HPSP really worth it in the end? experience/story I know there’s been tons of posts about this topic but i would like some person advice. At the end of the day we'll pay back our loans that we may have, make decent money, and do something we hopefully enjoy. As long as the Health Professions Scholarship Program (HPSP) has been around, people have asked the question “What makes more financial sense to fund a dental education, the private sector route or the HPSP scholarship route?” Is the HPSP scholarship worth it? What are the pros to it besides the money benefits? I am considering HPSP (any branch) and read many posts about people’s experiences and it seems just miserable. There is also the federal pension, which while not as generous as the military pension, is better than a kick in the face/is worth contemplating in a discussion like this. I was wondering from those who have done it if doing the program is worth not having the debt/loans. I think I find usuhs worth it despite an additional 3 year commitment compared to hpsp. Once doctors graduate from medical school, they will find that the salaries The Health Professions Scholarship Program (HPSP) offers two-, three- and four-year military scholarships that can help cover civilian medical school tuition, pay for fee, and provide a The Health Professions Scholarship Program (HPSP) is one of the most comprehensive scholarships available in health care, covering your full tuition for an advanced medical HPSP is definitely not worth it. The MSSP obligations are a bit different, with candidates owing one year of service in the USAR for every six still in school but have army hpsp. However, I still think that most schools' tuition (private and OOS) is closer to $50,000/year and that the average civilian specialized pay (especially during the first 4 years) is closer to $200,000. If someone is considering working for charity after FM peds residency, then HPSP might be worth it for the money if they are attending expensive schools. Absolutely That's what you need to earn pretax, per year, during the first 4 years out of residency to break even with the financial value of an HPSP scholarship (assuming no PSLF That being said, it's important to note that the HPSP is a much better deal for dentists than physicians. So I don’t think you’ll find anyone who’s done the program on here. As such, you are required to serve 6-weeks of active duty time per year. Health Professions Scholarship Program (HPSP) Fact Sheet. Even if all you do is pay back your obligation for HPSP and then leave the I got accepted to dental school and am considering the HPSP to pay for it. The HPSP pays the medical student to attend Is HPSP that bad, is it really worth it? It's hard to answer these questions because every person's situation is totally unique. It's generally accepted on this board that HPSP is never worth it for the money alone. Thank you. Just for fun, wondering at what point you would rather do HPSP than They might receive tuition through government loans, private loans, or support from a family member. My background is 10 years in the Navy then going to dental school, no HPSP. This decision is even easier if you have any intention to go private practice within the first 3-4 years post dental school. 1 Down Vote; Up All that is to say, though my path to dentistry was right for me (3-year HPSP and AEGD-1 residency), I know it's not for everyone and saying that, the 2-year HPSP may not be the right call for you. If you have at least some interest in the Army (in your case), then yes still do the HPSP. Medical Student Debt * More than 70% of medical school graduates carry debt. Anyone have experience or . It’s a scholarship that covers 100% of your tuition, school fees, books, and equipment related to your studies. I think my quality of life in medical school and so far in residency is so far above and beyond my civilian counterparts. Physicians tend to make more in private practice, they tend to have a lower loan The HPSP is a great way to pay for med school, but only accept it if you are 100% OK with the ramifications. HPSP Scholarship Details and Career Counseling Eight years ago I accepted a 3 year HPSP scholarship in the Army. I have an awesome house, drive a new car, and have a chill job. I am an AD USAF CRNA. The HPSP pays the medical student to [] I read an entry in the “The White Coat Investor” regarding the decision to join the military to pay for medical school. Please let me/us know about the pros and cons. It's not truly a scholarship - it's more of Whats up community? I'm a senior undergrad and applied this cycle. For background, the medical school I attended was one of the If you are not aware of what I am talking about, it is the Armed Forces Health Professions Scholarship Program (HPSP). I received the scholarship and wouldn't consider it for tuition less than $500k. Because your primary responsibility is medical school, the HPSP central office will coordinate with you in regards to how you want to spend ADT periods in a way that matches your personal and educational goals. I live in Puerto Rico and have a good chance of getting into the state school which as I understand it is one of the cheapest in the US. The life experience and personal growth alone are worth it. Image: Joint Base San Antonio. . There is not really any fine print, but that doesn’t make it financially worth it. This scholarship allowed me to go to medical school for FREE through the Air The only reason you should consider HPSP is if you want to serve your country. The communication from them is almost nonexistent. 1 * For public medical schools, the median total cost for state residents for four (4) years is $166,948 ($41,737 a year). Joined Jun 21, 2019 Messages 165 Reaction score 84. To search on usajobs, just type "scholarship" in the search box and it should come up. So, it is easy to see where an HPSP would be worth its I’m going into EM and did the math. But, after lurking threads some say it may not be worth because of your lifestyle while serving. Nov 5, 2019 #1 The Health Professions Scholarship Program (HPSP) offers two-, three- and four-year military scholarships that can help cover civilian medical school tuition, pay for fee, and provide a monthly living stipend. The basic job of being a military CRNA is the same as any other place that has fully independent CRNAs with full scope of practice. With all of this in mind, at this point, the HPSP has been WELL worth it. learn about the specifics of the dental HPSP through the US ARMY, A At least with HPSP you won't be bitching about your debts. It’s one for one, (I think there is some sort of program that’s NOT the normal HPSP where it’s two for one in the reserves, but I know next to nothing about that and never even heard of someone using that program). I agree that regardless of placement the program is entirely worth it. , 2d Lt, USAF Dental Corps ’22. The loan repayment was significant. Magyarzorag Membership Revoked. Basically unless I get off the waitlist for my in-state school, I'll be attending UAB as an OOS student (~$107,000/yr total cost). HPSP awardee here! The process is a big long and tedious, so I would start talking to a recruiter and get rolling on things as soon as you can. The average military dental assistant is less helpful, more falls on the doctor, the charting system is antiquated at The Health Professions Scholarship Program (HPSP) may cover 100% of your medical or dental school in college.