Navy Medical Financial Assistance Program

Description

The Navy Medical Financial Assistance Program (FAP) is an Individual Ready Reserve Program for physicians currently accepted to or enrolled in an accredited residency or fellowship program progressing toward a specialty which has been designated as critical to the Department of Defense. FAP participants receive a monthly stipend, 14 days of active duty annual training, reimbursement for all required tuition, fees, books and equipment for training, and a yearly grant paid on the anniversary of enrollment into the program. In exchange for these benefits, the FAP participant agrees to serve on active duty for a period of the number of years of participation in FAP plus one year (i.e. 4 years of FAP benefits results in 5 years of active duty obligation).