Financial Assistance Program; FAP

Overview

The most irresistible life choice you might make through residency...After choosing your specialty of course!

Did you match to your dream specialty?

We help support resident doctors that have matched into a competitive primary residency program or fellowship, by supplementing income with a $45k annual grant and $3k monthly stipend
.

RESIDENT PAY ?? + $45K YEAR + $3K MONTH = ??

The U.S. Army Financial Assistance Program (FAP) offers a unique opportunity to reduce your financial burden during residency while setting the stage for a rewarding medical career with substantial long-term benefits.

Obligation begins: AFTER you have completed your residency/fellowship and boards.

What is the Financial Assistance Program (FAP)?

The FAP is designed to provide significant financial support during your residency, ensuring you can focus on your education without the added stress of financial concerns.

FAP Benefits During Residency:

• $45,000 Annual Grant Paid directly to you
• $~3,000 Monthly Stipend Supporting your living expenses
• 100% Reimbursement for all required tuition, fees, books, and equipment

Total Annual Financial Support During Residency:

• Estimated Total Annual Compensation During Residency: ~$79,440
• Full Reimbursement for Tuition, Fees, Books, and Equipment

Residency Requirement:

• Participants are required to complete 14 days of active-duty training annually during residency.

Post-Residency Commitment and Benefits

Upon completing your residency, you’ll enter the Army healthcare community as a Captain (O-3) with extensive financial incentives and comprehensive benefits:

Post-Residency Financial Compensation:

• Starting Base Pay: $
• Housing Allowance (BAH): zip code dependent
• Subsistence Allowance (BAS): $
• Board Certification Pay (BCP): $
• Special Pay: $
• Accession Bonus: $

Post-Residency Commitment (Active-Duty Obligation):

In exchange for these exceptional benefits, participants will incur:

• A minimum two-year active-duty obligation for one year of FAP participation
• An additional six months of active duty for every additional six months of FAP participation

Additional Army Benefits for You and Your Family:

• Comprehensive Medical Coverage at little to no cost
• 30 Days of Paid Vacation Annually
  , plus 11 federal holidays
• VA Home Loan Benefits No down payment, no PMI, and competitive rates
• Retirement Benefits Secure pension plan for long-term stability
• Commissary & Exchange Privileges Exclusive discounts on shopping, travel, and entertainment
• Professional Development Continuing education, advanced training, and leadership growth opportunities

This comprehensive program offers financial relief during your residency, career stability after graduation, and the satisfaction of serving a mission-driven purpose.

This job posting is monitored by Raleigh, North Carolina physician talent team.