SCHOLARSHIPS & LOANS AT ICP
An important and continuing goal of the ICP Board of Directors is to provide assistance whenever possible for those who might otherwise find the financial constraints of ICP candidacy too burdensome to manage. Assistance is provided on an annual basis; candidates wishing continued support must apply for assistance each year. Applications for scholarships and loans at ICP are evaluated solely on the basis of need. Follow this link (Financial Aid Application 2021-2022) for the Financial Aid Application form for all ICP assistance programs. Incomplete or partially filled out applications may not be considered by the Scholarships and Loans Committee (SAL). In addition to the Financial Aid Application form, a Narrative Financial Statement and two years of tax returns are required to complete the financial aid application package for ALL scholarship and loan requests. These materials are described in detail at the end of this section.
There are three different financial support programs for Candidates in the Psychoanalytic Training Program. Each of these programs has distinguishing characteristics and conditions, but taken together, they offer the possibility of assistance for those in need of support in meeting the financial obligations of psychoanalytic training.
First, there is a General Scholarship Program with monies drawn from the ICP Scholarship Fund. Any candidate in good standing in the 4 Year Psychoanalytic Training Program may apply for funds in this category.
Second, an Ethnic Minority Scholarship is available through the ICP Taskforce to Address Racism and Homophobia, to promote diversity within the psychoanalytic community at ICP.
This scholarship is intended to help correct a significant inequity – the lack of ethnic diversity that has characterized the psychoanalytic profession as a whole. There are only 50 African-American psychoanalysts in the entire U.S. – and only three practicing in Los Angeles, one of the most racially and ethnically diverse communities in the world. Similar low numbers are found for Asian and Hispanic practitioners as well. The mostly white racial uniformity of psychoanalytic practitioners does not reflect the unique and particular experiences of ethnic minority individuals, which in turn has led to the virtual exclusion of psychoanalytic treatment as a viable option to ethnic minority individuals and communities.
The goal of ICP’s Ethnic Minority Scholarship Fund is to attract and enable qualified ethnic minority candidates to obtain psychoanalytic training at ICP. Recipients of the scholarship, in turn, will be expected to provide training or direct service to mental health agencies with proven track records of serving ethnic minority communities. ICP feels confident that offering financial assistance will serve as an important incentive for many talented and qualified ethnic minority therapists for whom psychoanalytic training has been financially prohibitive. Many ethnic professionals serve populations that are economically marginalized, reducing their earnings and thus their ability to afford training they might otherwise pursue.
Special eligibility requirements for Ethnic Minority scholarship funds are as follows:
- A. Unlike all other forms of ICP financial aid, Ethnic Minority Scholarship funds are available to participants in the Extension and Saturday Series programs as well as to those in the 4 Year Psychoanalytic Training Program.
- B. Applicants must be people of color.
- C. Applicants must demonstrate financial need.
- D. Applicants must submit the same Financial Aid Application form (see link above) as those applying for the general scholarship program; however, duplicate forms of the entire Application package must be submitted to the Scholarships and Loans Committee and to the ICP Taskforce to Address Racism and Homophobia.
- E. Applicants who are in full training to become psychoanalysts must agree to participate in a diversity workshop, sit on the Taskforce, or teach a class with a Taskforce member.
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Recipients of all scholarship awards should note that scholarship funds are customarily applied directly as a credit against financial obligations (largely but not exclusively) for tuition payment.
TUITION DEFERRAL LOANS
Candidates in the full ICP psychoanalytic training program may apply for Tuition Deferral Loans which allow a spacing out of tuition payments rather than full up-front payment of tuition. Applicants must submit the required Application for Financial Aid (see link above). Successful applicants are advised that partial repayment of loans begins at $150 monthly, from October 1 in the calendar year of award.
*The SAL Committee requires three sets of materials from you in order to make the best possible evaluation of your financial needs in comparison with those of other candidates:
- Financial Aid Application form. (Click here for the financial aid form) All questions on this form must be answered, or, where not applicable, marked N/A.
- A Narrative Financial Statement (typed) – Summarize your reasons for requesting a tuition loan or scholarship support. This statement should indicate whether you have financial dependents; whether your spouse/partner (if any) will or can share some of the financial burden of your candidacy at ICP; a description of your current work load and any factors which prelude your working more hours; and any unusual, extenuating or catastrophic circumstances which affect your ability to meet the financial responsibilities of candidacy. You should indicate in the Narrative Financial Statement whether you are applying for a scholarship, ethnic minority scholarship, tuition loan, or all three.
- A complete copy of your two most recent annual IRS tax returns. We now require the entire tax returns for evaluation purposes. These documents are required to help us better understand the data furnished in the Financial Aid Application form. [If you file taxes in a different country, please provide copies of those documents for the past two years.]
The ICP Board of Directors and the Scholarships and Loans Committee are keenly aware of the sensitive and confidential nature of each person’s finances. Please be assured that any information you furnish in your application will be kept totally confidential, and that all data required for this application will be destroyed once our evaluation has been completed.
Completed financial aid applications of all kinds must be received at the ICP mailing address no later than July 29th, 2022 at 12:00 pm PST.
Please mark “Confidential” on the application envelope and address to: Scholarships and Loans Committee, ICP; 2355 Westwood Blvd #825 Los Angeles, CA 90064.
For more information contact Ellen Lehman.
If you have any questions, please contact the ICP office at (310) 684-2501.