March 31, 2023

Best Scholarships and Grants for Healthcare Management Students

I want to earn my master’s in healthcare management but I need financial assistance to do so. Are there scholarships or grants available? How do I find scholarships or grants that are available?

Healthcare management scholarships at the master’s degree level (also referred to as fellowships) provide tuition money to student and do not have to be repaid after graduation. Scholarships are usually given to students based on academic merit and many come with a teaching or research responsibility. Most schools have scholarships available designed specifically for their students but there are also organizations and governmental departments providing scholarships to pursue a masters in Healthcare management/administration.

Some of the areas that might be a good place to search are:

Foster G. McGraw Graduate Student Scholarship – Awarding up to twenty $5000 scholarships to Master of Healthcare Management/Administration students in their last year of the program.

David Winston Health Policy Scholarship Program – Awarding up to ten $5000 scholarships to students in first year at an Association of Universities Programs in Health Administration (AUPHA) member program.

Corris Boyd Scholars Program – Provides full tuition scholarships to minority students pursuing a Master of Healthcare Administration.

Albert W. Dent Graduate Student Scholarship – Available to minority ACHE student finance their Healthcare management education

University of Phoenix Finish Strong Scholarship – Awards sixteen full tuition undergrad or masters degree scholarships to outstanding students

Healthcare Information and Management Systems Society (HIMSS) Foundation Scholarships for HIMSS members showing academic excellence and leadership potential in the Healthcare management field awarding over $60,000 per year.

Richard J. Stull Essay Competition in Healthcare Management awards scholarship –  Awarded to students writing the top essays on issues and developments in healthcare management field

The Harry S. Truman Scholarship Foundation – Awarding up to $30,000 to students pursuing a Masters Degree in Public Service. Potential scholars must be residents of US and hold a bachelors level degree

Lloyd G. Balfour Fellowships – Sponsored by the North American Interfraternal Foundation based on academic records and high merit. Every year up to 10 scholars receive a fellowship worth $1,000 to $5,000

There are many federal grant programs available to students through federal or state money allocated. Students applying for a grant to pursue a Masters in Health Management/Administration must pursue through Free Application for Federal Student Aid or FAFSA. Many of the sources for funding education through FAFSA are in the forms of loans, so when searching for grants do not limit yourself to just this one area. Click here for more information.

Some of the organizations for Healthcare Management/Administration will also provide additional sites to pursue scholarship money. Some sites you might want to visit are:

  • Scholarships through the AUPHA network
  • The United States Department of Health and Human Services Health Resources and Services Administration awards students accepted or enrolled in a diploma, associate, baccalaureate or graduate nursing programs, including RN to BSN, RN to MSN-NP, Direct Entry MSN-NP program to receive funding for tuition, fees and other educational costs in exchange for working at an eligible NURSE Corps site upon graduation
  • Health Informatics Scholarships for students pursuing a career in this rising field

These are just a few of the many scholarships available to students pursuing a master’s degree in Healthcare Management and Administration. Students can also talk to the admissions office at their perspective college or university to get additional information on what scholarships may be available to them.There is a wide range of scholarships available to students pursuing a Master’s degree in Healthcare Management and Administration.