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Financial Support Each year, institutional scholarships/loans will be awarded by the College of Medicine to students entering the M.D./Ph.D. program. This scholarship/loan will be equal to the amount of tuition for each year of the medical school curriculum. Year to year renewal of the scholarship/loan will be contingent upon satisfactory academic progress. Satisfactory academic performance includes maintaining a grade point average that will meet the requirements of the Graduate School, and passing of Step 1 of the USMLE. During the graduate phase of the program, a stipend of $18,500 per year will be provided for each student and graduate tuition will be paid by a research grant or the Graduate School.Scholarships/loans awarded under this program are converted to grants and are forgiven upon successful completion of the M.D./Ph.D. program. If a student fails to complete the program (e.g., due to poor scholarship or a change in career choice), the scholarships/loans will become payable 6 months after the completion of the Residency/Fellowship program or 6 months after termination of enrollment in the College of Medicine. Interest on these funds, which will be delineated on the appropriate promissory notes, will not exceed 5% above the federal discount rate.
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