The Health Professionals Scholarship Program (HPSP) is targeted at medical students and college seniors who have been accepted to medical school. Physicians in a civilian residency program can join the military through the FAP program. FAP participants receive a monthly stipend (est $1605) and an annual grant (est $28,454). In July 2008, the bonus will increase to $45,000 and monthly stipend to $1,907.
The advantage of FAP is that the physician is able to complete "straight through training" without having to apply for a PGY2 position. HPSP recipients have to apply for a PGY2 training position and may be required to complete a GMO tour after graduating internship.