Scholarships and Financial Aid Available!
Here’s what some of our students said about the scholarships available to them:
“The Claffie Scholarship made it possible for me to expand my knowledge and understanding of psychodynamic therapy while also learning the value of implementing specific techniques in my work as a clinical social worker. Without the scholarship I would not have been able to pursue this meaningful experience and feel so grateful to have had the opportunity.” – JB, Psychotherapy Graduate, 2010
“As a Social Worker in private practice, the Biddle Loan made it possible for me to become a psychoanalyst, which was my life long dream. Repayment was painless.”
– AM, Psychoanalytic Graduate, 2011
Patricia Claffie Fund
Each year, annual tuition grants of up to $3,500 are available to Clinical Social Workers enrolled in any of the psychoanalytic or psychotherapy programs. Students may reapply for this grant but may only receive the grant twice.
The Foundation Scholarships are intended to facilitate the enrollment and attendance of an applicant who otherwise would not enroll in the program. Amounts available may vary and are based on the amount of unrestricted funds available to the Foundation at the end of a given fiscal year. The amounts may be shared among multiple qualified applicants. Students can reapply for these scholarships every year.
Henri Parens Hope Scholarship
This scholarship has been established to assist financially challenged students who plan to apply psychoanalytic knowledge to the understanding of social problems with the intention to improve the life of humans, especially children. Up to $1,400 will be awarded each year. Applicants may receive this scholarship more than once, but they must re-apply each year.
Resident Education Fund
This fund is awarded to one psychiatry resident or fellow from the Philadelphia area who has been accepted in the Adult Psychodynamic Psychotherapy Program or the Child Psychoanalytic and Psychotherapy Program each year. This scholarship will cover tuition for as many years as the student is in a psychotherapy program, meaning that the student would receive tuition for all three years of the psychotherapy program or the first two years of the child program. This student would not have to reapply in order to continue to receive funding.
For all above scholarship opportunities:
Applications due by June 15
Click here for more important information!
Additional Financial Aid Opportunities
The Biddle Loan
The Biddle Loan Fund is available for tuition support for psychoanalytic and psychotherapy students. The interest is based on the prime rate currently in effect at the time of application less 1%.
The maximum available to each candidate is $15,000. Candidates can receive yearly installments of up to $5,000, with monthly repayment of principal to begin no later than the end of the fourth year of candidacy.
The maximum available to each student is $4,000. Students can receive yearly installments of up to $2,000, with monthly repayment of principal to begin no later than the end of the second year of enrollment in the program.
The Candidate Assistance Fund of the American Psychoanalytic Association
Loans of up to $5,000 are provided to candidates training to be psychoanalysts. The loans are to be repaid within a maximum of six years. There are two criteria considered in approving a loan: the need as evidenced by an applicant’s financial need and the ability to repay the loan as evidenced by the applicant’s overall financial health.
Eligibility is based on APsaA Affiliate Membership in good standing, the completion of one year of training, and demonstrated financial need.
Application: Email Dean Stein, APsaA’s Executive Director, for an application form at firstname.lastname@example.org. See APsaA website for application deadline.
Psychotherapy to Psychoanalytic Tuition Discount
Any PPTP student/graduate who is accepted for psychoanalytic training at PCOP will be eligible for a scholarship/tuition discount of $2,000 for each year of his or her PPTP enrollment. If the candidate has completed one year of psychotherapy training, he/she will receive one year’s tuition discount; if the candidate has completed two years of psychotherapy training, then he/she will receive two years’ tuition discount. Because the annual psychoanalytic tuition payments are made in two equal installments, the discount will be split in half and applied to each semester’s payment, meaning a student would receive a $1,000 discount in the fall and a $1,000 discount in the spring.
The only exception to this discount is if a student received the Resident Education Fund during his or her training in the psychotherapy program. If this was received, the student is not eligible for the psychotherapy to psychoanalytic tuition discount.
For more information or if you have any questions, please contact PCOP’s office at 215-235-2345.