Loans for Junior Physicians.
—The San Francisco Medical Society has established a loan fund for interns and residents in the City and County of San Francisco. Ten thousand dollars has been made available for use in assisting junior physicians in need of financial help to complete a previously planned program of training. All applications are to be considered in the strictest confidence and without unnecessary delay. Applicants are limited to one loan each year except in unusual cases to be determined by the committee for junior physicians and the finance committee. Notes will be signed personally with no cosigners or guarantors required. The principal of the loan is to be repaid within two years after starting practice or, in most cases, within a period of five years after the activation of the loan. The prevailing rate of savings bank interest at the time of the loan will be charged.
MEDICAL NEWS. JAMA. 1951;146(17):1601–1604. doi:10.1001/jama.1951.03670170055016
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