The management of the University of Medical Sciences Teaching Hospital (UNIMEDTH) in Ondo State announced that it has begun granting study loans to its medical students. These loans are intended for final‑year students who are struggling to pay their tuition fees. The Chief Medical Director, Dr. Oluwole Ige, disclosed the initiative during a luncheon celebrating the completion of medical training and examinations by the institution’s pioneer medical students. A total of 34 students will graduate as the first cohort from the teaching hospital.
Dr. Ige explained that the study‑loan facility was created jointly by the University of Medical Sciences and UNIMEDTH. Both institutions have formalised a student loan bond scheme for final‑year graduates facing financial difficulties with tuition payments at the time of their professional examinations. The scheme aims to remove financial barriers that could prevent any final‑year medical student with outstanding fees from graduating as a doctor.
The loan bond scheme is structured so that beneficiaries are encouraged to complete a one‑year housemanship—a post‑graduation supervised clinical training programme at UNIMEDTH. During the house job, the outstanding tuition balance will be deducted in installments from the monthly allowance provided to trainees.
Dr. Ige also emphasized the teaching hospital’s broader commitment to the welfare of newly qualified practitioners. He noted that UNIMEDTH has produced graduate nurses, physiotherapists, medical laboratory scientists, and other health professionals in line with its teaching hospital mandate. The institution has successfully trained medical consultants in various fields of medicine and surgery and has provided training platforms for health personnel from FUTA Medical School, Achievers University, Elizade University, and JABU.
In his remarks, the Vice Chancellor of UNIMED, Professor Adesegun Fatusi, urged the graduating students to serve as good ambassadors of the university and to continue learning. He encouraged them to take advantage of the opportunities available at the teaching hospital to pursue specialist training.
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