University Offers Study Loans to Medical Students


The management of the University of Medical Sciences Teaching Hospital (UNIMEDTH) in Ondo State has announced its offering of study loans to medical students, who are in their final year and are having trouble paying their bills.

This information was revealed by Dr Oluwole Ige, the teaching hospital's CMD, at a luncheon held to honour the institution's first set of medical students, who had successfully completed their training and exams.

He said “The institution conceived the study loan facility for the final year medical students of UNIMEDTH. It designed and formalised student loan bond scheme for final year graduating medical students having challenges or difficulties with the payment of their tuition fees at the stage of writing their final year medical professional examinations to make their dreams become reality.

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“The students’ loan bond scheme was initiated by the teaching hospital management in such a way to eliminate financial barriers, which might exclude any final year medical students with outstanding fees not to graduate as a medical doctor.”

The CMD further explained, “The facility is structured in such a way that any student that benefits from the scheme shall be encouraged to do his or her one year housemanship, a post-graduation supervised clinical training programme with UNIMED Teaching Hospital. While in the course of the house job, the value of the outstanding fee shall be deducted in piece meal from the monthly allowance granted those in training.”

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The UNIMEDTH boss stressed that the teaching hospital had trained graduate nurses, physiotherapists, and medical laboratory scientists among others, in keeping with its mandate as a teaching hospital and pledged to prioritise the well-being of the recently licensed physicians.

“The institution has also successfully trained medical consultants in several fields of medicine and surgery. The teaching hospital has also provided platform for training of health personnel for FUTA Medical School, Achievers University, Elizade University and JABU,” Ige stated.

Professor Adesegun Fatusi, the vice-chancellor of UNIMED, emphasised the importance of being excellent representatives of the institution and continuing to learn in his remarks to the students. He urged them to benefit from the chances to pursue specialised training offered by the teaching facility.


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