Medical School

• On average, medical students graduate with about $157,944 in debt, according to the American Medical Association. Unsurprisingly, students seek funding to offset the cost of a degree. African-Americans in need of financial assistance for the medical program can take advantage of the Minority Scholars Award from the American Medical Association. Recipients must be in their first or second year of medical school and get $10,000.
  
  African-Americans can also apply for the United Negro College Fund/Merck Graduate Science Research Dissertation Fellowships program. Applicants must be full-time M.D./Ph.D. students. They must also be within one to three years of completing their dissertation. Each year, 12 individuals are selected to receive up to $53,500 each.
  
  

Law School

• More than 80 percent of all law school students must borrow money to pay for their degree, which can cost upwards of $150,000. Unsurprisingly, individuals seek financial assistance to help offset the high cost. African-American women can fortunately take advantage of the Association of Black Women Attorneys Scholarship. The program was created in 1995 and targets black females enrolled in accredited law schools in New York, Connecticut and New Jersey.
  
  Both African-American females and males can apply for the Minority Corporate Counsel Association Lloyd M. Johnson Jr. Scholarship. The program is for law students in their second or third year of school. Selected recipients get $10,000 to apply toward tuition.
  
  

Business School

• Like many other programs, business school is expensive, with tuition increasing between 4 and 7 percent every year. To help finance their degree, African-American students can consider the NBMBAA Graduate Scholarship Program, which is offered by the National Black MBA Association. Selected recipients get anywhere between $1,000 and $15,000 for school.
  
  Another financing option is the Goldman Sachs MBA Fellowship, which aims to increase diversity in the finance field. A selected candidate will get $15,000 for her first year of business school and a summer internship. After the internship, Goldman Sachs will provide an additional $15,000 or underwrite the cost of her second year of school.
  
  

Science Degree

• There are several grant programs that fund the education of African-Americans pursuing science degrees. One such program is offered by the National GEM Consortium. The organization gives between $10,000 and $14,000 to recipients who are getting a master's or a Ph.D.
  
  African-American males can take advantage of the Hubertus W.V. Williams Scholarship, which targets men who are studying engineering, physics, chemistry and mathematical sciences. Graduate students get $3,000.