Board of Governors' Medical Scholarship-Loan Program (BGMSL)

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Program Type
Scholarship-Loan
Description
This program is funded by the North Carolina General Assembly. Funds are available to students who have been admitted to a medical school in North Carolina and demonstrate financial need and a desire to practice medicine in North Carolina.
Eligibility
Eligibility: Applicant must meet the following eligibility requirements
  • Must be accepted for admission to one of the four medical schools in North Carolina: Duke University School of Medicine, East Carolina University School of Medicine, The University of North Carolina at Chapel Hill School of Medicine and the Wake Forest University School of Medicine
  • Must be a North Carolina resident for tuition purposes
  • Have financial need
  • Express intent to practice medicine in North Carolina
Value
Provided sufficient funds are available, the scholarship provides an annual stipend of $5,000 plus tuition, mandatory fees, medical insurance and a laptop computer. If funding proves to be insufficient, these amounts will be prorated. Awards are renewable annually for a total award period of four years, provided the student makes satisfactory academic progress, continues to have financial need, and remains interested in medical practice in North Carolina.

Important information for students admitted to a qualifying medical school after July 1, 2005: Funding is awarded as a scholarship-loan for recipients who were admitted to a qualifying medical school after July 1, 2005, and will be renewable annually as a scholarship-loan for a total award period of up to four years for these students. The scholarship-loan must be repaid with service to the State of North Carolina upon graduation from the medical school, or through cash repayment with 10% interest.
Application Procedure
Applicants must be nominated for the award by one of the four participating medical schools. Applications will be available from each institution's school of medicine admissions office. The application deadline is May of each year.
Other Information
Repayment provisions will be posted at CFNC.org/BGMSL and will also be available by calling College Foundation of North Carolina toll-free at 866-866-CFNC.
Related Links
Health and Nursing Programs in North Carolina



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