Each year the Committee on Financial Aid and Awards at Bowdoin College awards financial assistance from these funds to students who are in need of financial aid and who are attending medical school. The Committee meets to review applications at the end of January and awards are mailed to medical school programs shortly thereafter. There are no restrictions concerning renewal of awards from one year to the next. Even though Committee decisions vary somewhat from year to year depending upon the income that the Funds earn and the number of candidates applying for aid, we can usually provide assistance to forty or so students with individual awards ranging from $900 to $5,000, except for the Peters Fund, where awards can be significantly higher. The conditions for granting awards are:
- Garcelon and Merritt Fund - Preference to Bowdoin College graduates who are eligible for assistance in their first year of medical school. Residents of the state of Maine who have graduated from other colleges or universities are eligible for assistance in their second and subsequent years of attendance at medical school.
- Robinson-Davis Fund - Sixty percent of the income from the Fund is available for those who intend to study and practice medicine, preference being given to natives and residents of the State of Maine.
- Earl Kendall Van Swearingen Scholarship Fund - The income to be used to support a scholarship or scholarships to be awarded to the best premedical students for their medical education. (Restricted to Bowdoin College graduates.)
- Dr. Clinton Noyes Peters and Alice F. Peters Medical Education Fund - The income to be used annually to provide scholarships to aid deserving, Maine-born medical students who have graduated from Bowdoin College and who have been accepted by and are attending an accredited medical school recognized by the Council of Education of the American Medical Association.
- Dr. Ralph Fessenden Goodhue Fund - The income to be used annually for scholarship aid for deserving graduates of Bowdoin College who are of limited means and are starting or continuing medical school training in preparation for general practice of medicine in some New England area or community which is not thickly settled and is in particular need of such service. Preference shall be given to Maine residents.
- Dr. Herbert A. Black Scholarship – To provide grants to pre-medical students at Bowdoin College and Bowdoin College graduates attending medical school.
- 919 Fellowship Fund: (Restricted)… Established in 2009 in support of scholarships to Bowdoin graduates consistent with College policies governing financial assistance to its students, to Bowdoin alumni pursuing graduate studies in pediatric medicine or at Harvard Business School.