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The Penn Medicine Scholars Program provides participants between $30,000 & $65,000 in loan repayment exchange for a 3 year, full-time work commitment at Penn Medicine upon graduation and licensure.
From founding the first U.S. hospital and medical school more than two centuries ago to pioneering today's mRNA vaccines and cancer treatments, Penn Medicine has always shown the world what comes next.
Launch your career in healthcare with a team that melds innovation with compassionate care by offering patients access to the latest medical breakthroughs—because at Penn Medicine, we help invent them. Our scientists and clinicians stand on the shoulders of those who came before them at Penn, a home to numerous discoveries through the years.
Are you a current or prospective student?
Secure up to $65,000
How it Works
Complete Your Application
Applications are simple and streamlined. Advisors are available to support you at each step along the way.
Get Selected by Penn Medicine
If you are accepted, Penn Medicine will make monthly payments on your loans over a set number of months.
Start Your Journey
Start strong in your career with extra support from colleagues and leadership.
Select Your Journey
Registered Nurse
Loan Repayment:
$40,000 over a 3 year commitment
Eligibility:
- Be in good academic standing with a GPA of at least 3.0
- Be enrolled in an accredited pre-licensure registered nursing program
- Be a United States Citizen, Permanent Resident, or with residency under DACA or TPS programs
Application Materials:
- Short written essay
- Brief video personal statement
- Unofficial transcript
Acute Care Nurse Practitioner
Loan Repayment:
$65,000 over a 3 year commitment
Eligibility:
- Be in good academic standing with a GPA of at least 3.0
- Be enrolled in an accredited pre-licensure Acute Care Nurse Practitioner program
- Be a United States Citizen, Permanent Resident, or with residency under DACA or TPS programs
Application Materials:
- Short written essay
- Brief video personal statement
- Unofficial transcript
Physician Assistant
Loan Repayment:
$65,000 over a 3 year commitment
Eligibility:
- Be in good academic standing with a GPA of at least 3.0
- Be enrolled in an accredited pre-licensure Physician Assistant program
- Be a United States Citizen, Permanent Resident, or with residency under DACA or TPS programs
Application Materials:
- Short written essay
- Brief video personal statement
- Unofficial transcript
Pharmacist
Loan Repayment:
$65,000 over a 3 year commitment
Eligibility:
- Be in good academic standing with a GPA of at least 3.0
- Be enrolled in an accredited Doctor of Pharmacy program
- Be a United States Citizen, Permanent Resident, or with residency under DACA or TPS programs
Application Materials:
- Short written essay
- Brief video personal statement
- Unofficial transcript
Respiratory Therapist
Loan Repayment:
$30,000 over a 3 year commitment
Eligibility:
- Be in good academic standing with a GPA of at least 3.0
- Be enrolled in an accredited prelicensure respiratory therapy program
- Be a United States Citizen, Permanent Resident, or with residency under DACA or TPS programs
Application Materials:
- Short written essay
- Brief video personal statement
- Unofficial transcript
Step by Step: Completing Your Application
Life happens. If plans change, you won’t owe anything to your employer.
About Penn Medicine
Penn Medicine is one of the world’s leading academic medical centers, dedicated to the related missions of medical education, biomedical research, excellence in patient care, and community service. The organization consists of the University of Pennsylvania Health System and Penn’s Raymond and Ruth Perelman School of Medicine, founded in 1765 as the nation’s first medical school. The Perelman School of Medicine is consistently among the nation’s top recipients of funding from the National Institutes of Health, with $580 million awarded in the 2023 fiscal year. Home to a proud history of firsts, Penn Medicine teams have pioneered discoveries that have shaped modern medicine, including CAR T cell therapy for cancer and the Nobel Prize-winning mRNA technology used in COVID-19 vaccines. Penn Medicine is an $11.9 billion enterprise powered by nearly 49,000 talented faculty and staff.
“Being able to complete my degree knowing I have a job secured after graduation and without the burden of increasing student loan debt is truly amazing. College is much less stressful now that I can dedicate my time to studying rather than working to pay for college. This experience has been such a blessing and played a huge part in my ability to become a registered nurse!”
“As a nursing student, I spend a lot of time thinking about what it means to not only enter a profession that I am so passionate about but also to do so with the sense of security and purpose thanks to the incredible support from the program. For me, this program has truly been a life changer. It has provided me with a unique opportunity to enter the nursing profession, not with just excitement and enthusiasm, but with a sense of financial peace.”
“Receiving this scholarship has allowed me to be at ease about my school loans and grants me a bit of financial freedom! What excites me most about this opportunity is the sense of feeling truly integrated into the fabric of WellSpan. It enables me to build stronger connections and enhances my credibility when presenting future quality improvement ideas.”
Frequently Asked Questions
Your salary and benefits will be competitive and on par with your peers. They will not be affected by participation in the program, as this is meant to be an added benefit. To find out more about sign-on or relocation bonus eligibility, you may request information or start an application and an advisor will be in touch.
You can voluntarily choose to leave the program at any time. If you do so before completing your work commitment, you forfeit any further loan repayments made by the health system but are not required to reimburse any payments already made on your behalf. Similarly, if you involuntarily leave the program at any time by violating the terms of your employment, you forfeit any further loan repayments made on your behalf.
You may be subject to income tax for some or all of the loan payments made by the Scholars Network Program on your behalf. You should consult with a tax professional if you have any questions regarding the tax implications of the Scholars Network Program.
No. To be accepted, you must successfully complete each of the above application requirements set by the employer and be selected by the employer.
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