Medical coding and billing programs are one of the cheapest college-level routes into the $3 trillion health industry. Student Loan Hero reported that the average community college price is only $135 per credit or $3,570 yearly. That’s a big bargain considering that nurses and doctors can spend up to $250,000 on education! Medical billers and coders have found that getting an exciting, well-paid hospital career doesn’t have to cost a fortune. Low tuition is likely why Inside Higher Ed found that certificates constitute 22 percent of college awards now. Over half of these diplomas come from public institutions with state funding to reduce students’ out-of-pocket fees too. Nevertheless, any charges for medical coding and billing training could be tough to swallow depending on your financial situation. Scholarships are the answer to receive one-time or recurring checks that cover partial to whole MCB tuition. Based on max prize amount, we’ve arranged 20 of the top medical coding and billing scholarships that crush money woes.
1. Robert D. Kruse Memorial Scholarship
Amount: $5,000
Created for the Cleveland Clinic’s physical therapy director in 1962, the Robert D. Kruse Memorial Scholarship can support full-time certificate or associate students who pursue in-need health fields like medical coding with minimum 2.5 GPAs. Mail applications with 400-word essays, transcripts, two references, and the FAFSA by April 30th.
2. Steven Cutter Undergraduate Scholarship
Amount: $5,000
The Foundation for Seacoast Health runs the Steven Cutter Undergraduate Scholarship until April 1st to help associate and bachelor’s majors, including medical coders or billers, afford full-time tuition. Residing locally in Portsmouth, North Hampton, Greenland, Rye, New Castle, Kittery, York, or Newington for 24+ months is required.
3. Swedish Institute NYC College Scholarship
Amount: $5,000
Enrolling 735+ students, the Swedish Institute NYC is an ACCSC-accredited health sciences school offering the Medical Billing and Coding Scholarship for its 48-credit diploma with 95 percent exam success. Funding is reserved for career-changers with previous bachelor’s or master’s study who provide solid recommendations.
4. Work Ready Kentucky Scholarship Program
Amount: $4,080
Medical coding majors at Sullivan University, Campbellsville University, or any KCTCS college qualify for full in-state tuition coverage by the Work Ready Kentucky Scholarship Program. On a first-come basis, candidates who are U.S. citizens, high school or GED graduates, and academically eligible with cumulative GPAs over 2.0 are chosen.
5. Greater Illinois HIMSS Chapter Scholarship
Amount: $2,500
Based in Chicago, the Greater Illinois HIMSS Chapter Scholarship aids undergrads who’ve finished at least one semester at accredited colleges for degrees focused on health information technology like coding. “Prairie State” residents send transcripts showing 3.0 GPAs, letters from superiors, and three short essays by 5:00PM on Halloween.
6. NTC Workforce Development Scholarship
Amount: $2,500
Ranked 21st nationally on Niche, Northwest Technical College in Bemidji utilizes part of its $43.9 million budget to confer up to 400 Workforce Development Scholarships for five in-demand areas, including medical coding. Before February 16, Minnesota residents must prove high school diploma or GED receipt and full-time enrollment.
7. Mary Ann Stiefvater Medical Information Scholarship
Amount: $2,500
Honoring her 50-year RHIT career, the Conway Regional Health Foundation awards the Mary Ann Stiefvater Medical Information Scholarship to Arkansas students age 18+ who’re choosing health records careers, such as billing and coding. Attach your 200-word essay, letter of acceptance, ACT score, or transcript by February 28th.
8. Melissa Anne Centrella Scholarship
Amount: $2,000
Since 2002, the Melissa Anne Centrella Scholarship has remembered the extraordinary 20-year-old who passed from dystonia by giving financial aid to New Jerseyans picking any medical sciences occupation, even coding. After March 15th, applicants are evaluated for academic merit, community service, essay content, and determination.
9. Oliver Joel and Ellen Pell Denny Scholarship
Amount: $1,500
The Winston-Salem Foundation oversees the Oliver Joel and Ellen Pell Denny Scholarship to financially bolster North Carolina residents during their certificate, two-year, or four-year health education if overall 2.5 GPAs are maintained. Meet the July 31st deadline for the online applications, transcripts, tax returns, and acceptance letters.
10. Community Care College Military Spouse Scholarship
Amount: $1,500
Established by Teresa Knox in 1995, Community Care College is a nonprofit, ACICS-accredited Tulsa institute where the Military Spouse Scholarship gives back to married partners of Army, Navy, Air Force, Marine Corps, and Coast Guard service members. This 12-month fund applies to all 46 diplomas, including medical billing and coding.
11. Sharps Compliance, Inc. Scholarship Contest
Amount: $1,500
For Fall 2018, the Sharps Compliance, Inc. Scholarship Contest asked entrants to submit 1,500-word original essays before June 11th that brainstormed how prescription drug collection programs aid the opioid epidemic. Both U.S. and Canadian citizens can apply if full-time attendance in accredited health-related programs is verified.
12. Kansas Career Technical Workforce Grant
Amount: $1,000
The Kansas Board of Regents launched the Career Technical Workforce Grant for graduates of the Sunflower State’s high schools who choose qualifying vocational programs, such as medical coding and billing, at 19 KACCT campuses. Getting the four-semester renewable fund requires submitting the FAFSA application before May 1st.
13. Paula and Ron Lawlor Endowed Scholarship
Amount: $1,000
Funded by the President of Accuity Delivery Systems, the Paula and Ron Lawlor Endowed Scholarship is an AHIMA Foundation option for working learners choosing HIM careers like coding and billing. Nontraditional students taking 6+ credits for a minimum 3.5 average can’t miss the online application window of July 1st to September 30th.
14. ACHF Medical Assistant Student Scholarship
Amount: $1,000
Partnered with Ridgewater College, the Affiliated Community Health Foundation (ACHF) began the Medical Assistant Student Scholarship in 2004 to assist those applying by April 15th. Coding specialist students qualify if they’re admitted at least half-time, completing 67 percent or higher of credits, and carrying minimum 2.0 GPAs.
15. Kim Fuller & Louise Bighaus Scholarship
Amount: $1,000
Linked to 5,606 LinkedIn alumni, Rogue Community College is a two-year, NWCCU-accredited institution ranked eighth in Oregon by Niche that helps students into 80+ programs with funds like the Kim Fuller & Louise Bighaus Scholarship. Learners with at least nine credits and 2.5 GPAs in the Medical Coding Specialist Certificate qualify.
16. St. Mary Mercy Livonia Medical Scholarship
Amount: $1,000
Until June 1st, the St. Mary Mercy Livonia Medical Scholarship processes official transcripts, résumés, and 500-word essays from Michigan residents who’ve chosen vocations in healthcare, including medical coding. Note only Stevenson, Churchill, Franklin, Ladywood, Clarenceville, Livonia Technical, or Western Wayne seniors are eligible.
17. A Place for Mom Senior Wisdom Video Scholarship
Amount: $1,000
Each quarter, A Place for Mom hosts the Senior Wisdom Video Scholarship Contest for U.S. or Canada, excluding Quebec, residents who are starting accredited medical certificate or degree programs like coding and billing. Simply record a two-minute MP4 video sharing stories of how older adults positively influence our lives and overall society.
18. Scott W. Hulstein Scholarship Fund
Amount: $750
Medical billing and coding majors who finish high school in Wisconsin’s Jefferson County can receive the Scott W. Hulstein Scholarship from Fort HealthCare, a 2016 AHA Gold Achievement Award winner. Eligibility relies on devotion to medical education, two non-familial references, overall 3.0 GPAs or better, and application by April 1st.
19. Waldo County General Hospital Scholarship
Amount: $600
Administered by Lauri McLean, the Waldo County General Hospital Scholarship utilizes MaineHealth profits to help the newest generation of medical staff, such as records coding technicians. By March 5th, Belfast residents or hospital employees and their dependents with unmet financial need must submit the one-page online application.
20. Portage Health Foundation Scholarship Program
Amount: $500
Founded in 1990, the Portage Health Foundation Scholarship Program gifts $5,500 total to 11 Michigan high school seniors with GPAs above 2.5 who’ve chosen a medical-related college vocation or engaged in HOSA Future Health Professionals. Please submit a cover letter, transcript, proof of acceptance, and activity list by March 5th.
Ranked 13th by the U.S. News & World Report, this healthcare support career is struggling to recruit enough new talent for its 14 percent growth. Therefore, the possibilities for medical coding and billing scholarships keeps going with the Parley Health Professional Scholarship, Aboriginal Health Careers Scholarship, Good Samaritan Foundation Scholarship, Pearl Scholarship, Becky Burrows Memorial Scholarship, Ruth Shaw Board Scholarship, and more.
