A scholarship is an award of financial aid for a student to further his or her education. Scholarships are said to be awarded based upon various criteria, which usually reflect the values and purposes of the donor or founder of the award. Scholarships seem to be most often given to students for one of two reasons: achievement in academics or other areas, or financial need. Medical school scholarships are also a financial aid provided to a student on the basis of academic merit economic aid, financial aid, aid - money to support a worthy person. Some medical school scholarships may be awarded by the financial aid office to students who have completed the Free Application for Federal Student Aid. These medical school scholarships appear to usually include in the financial aid package. Other scholarships in medical schools may be awarded by the admissions office to admitted freshmen based on an overall assessment of the admission application.Accordingly, anyone can be candidate for a degree at a medical school. You may receive a scholarship for a medical education and training. The terms of medical school scholarships may require you to perform future services. A considerable penalty may apply if not complied. The entire amount of a grant is said to be taxable as payment for services in the year it is received. There are a few places where one might obtain medical school scholarships. The most logical place is also often the most overlooked: the medical schools to which you apply. Medical schools might want to have the brightest students attend, so they might often provide tuition costs to the cream of the crop. However, scholarship appears to be awarded for four academic years providing the recipient's financial circumstances are unchanged and the student remain in good academic standing.