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| Page: Money for Medical Assistant School |
One concern that is emerging to the forefront of many medical assisting school applicants' mind is the cost and finding funding resources for their vocational training. Medical assisting students can expect to incur approximately $7,000-$9,000 for tuition and books at a community college and up to $16,000 at a private for-profit vocational training institution. These figures are only estimates, but fortunately, money for school may be available for those who qualify.
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How Can I Cover the Cost of Medical Assistant
School?
The Vocational Education Act was created decades ago to provide for the promotion of vocational education; to provide for cooperation with the states in the promotion of such education in agriculture and the trades and industries; to provide for cooperation with the states in the preparation of teachers of vocational subjects; and to appropriate money and regulate its expenditures. Therefore, students who qualify may receive low interest federal student loans, scholarships, and grants to help pay for their education. In addition, some states offer vocational training, or vocational rehab programs for teens and adults that are provided completely free, paid by the government, to students that meet certain standards and requirements:
Are there Any Grants for Job Training?
The Recovery Act provides special programs approved by the
Department of Labor designed to get you trained and back into the workforce quickly, especially for careers in
the healthcare sector and other high growth and emerging industries would receive priority. Goals related to
these grants are to:
Develop the pipeline of credentialed healthcare workers
Support local partnerships
Execute integrated job placement and training strategies
Support training and articulation
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Medical Assistant Forum Comment From: LA |
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| Apr 4th, 2009 - 3:16 PM | |
"I am not sure if any of you know what the Workforce Investment Act (WIA) is, but it's a federal grant that allows you to get certification/education needed to become a successful medical assistant. This is money that DOES NOT have to be repaid. I got laid off in January and I found out about this program through my MA school. I have completed the last step (taking the TABE exam) and I begin MA school in April WIA will pay $5,000 for a one year program and $8,000 for a two year program.
After applying for a Pell grant I won't have to pay anything for school. I am not affiliated with this program AT ALL, nor am I receiving anything for this post. I just wanted to let everyone know that there is financial help out there. I just want to share the good news. If you have more questions, I am sure that your local Department of Labor can help you. WIA is not a part of the DOL; however, the DOL has information on this program."
Is there Money for Military Spouse Career Advancement?
The Military Spouse Career Advancement Accounts (MyCAA) program provides up to $4,000 over 2 years of Financial Assistance for military spouses to pursue degree programs, licenses, or credentials leading to employment in portable career fields.
The Association for Healthcare Documentation Integrity (AHDI), formerly the American Association for Medical Transcription, developed a national program for its members to meet the industry need of 25,000 recruits over the next few years. AHDI is making apprenticeship the centerpiece of its marketing and recruiting plan. This occupation focuses on the development and maintenance of detailed records on patient health and medical procedures. AHDI is focusing on recruiting military spouses as the job lends itself to a mobile lifestyle. It is a very flexible program because instruction and on-the-job learning can be done remotely. All work and training is done over the Internet.
Colleges also may offer a work study program. The benefit of the work study position is that
you will be learning skills that can be used as a springboard for a new career while also getting paid a small wage
while in college. On the other hand, if you are collecting unemployment benefits then you might be eligible to
receive free money under the American Recovery and Reinvestment Act of 2009 (Recovery Act) which was signed into
law by President Barack Obama on February 17, 2009 to create jobs, promote economic growth and assist those most
impacted by the recession.