Code of Maine Rules › 94 - INDEPENDENT AGENCIES › 457 - FINANCE AUTHORITY OF MAINE (FAME) › Chapter 616 - DOCTORS FOR MAINE'S FUTURE SCHOLARSHIP PROGRAM › Section 457-616-3 - Medical School Program Eligibility

Current through 2024-29, July 17, 2024
To be eligible to participate in the Scholarship Program, a
				  Medical School Program must meet the following criteria, and shall enter into a
				  Participation Agreement with the Authority in which the Medical School Program
				  certifies that:
A. The Medical School
				Program is an allopathic or osteopathic medical school program accredited by
				the Liaison Committee on Medical Education or the American Osteopathic
				Association, respectively, and the Medical School Program has provided the
				Authority with such evidence of its accreditation as the Authority may
				require;
B. An educational or
				healthcare institution located in Maine participates in curriculum development
				and the selection of students for admission into the Medical School Program,
				and the Medical School Program has provided the Authority with such evidence of
				its affiliation with such educational or healthcare institution, as applicable,
				as the Authority may require;
C.
				The Medical School Program enrolls no fewer than 10 students per class
				year;
D. The Medical School Program
				requires that all students complete not less than one academic year of the
				medical school curriculum at facilities located in Maine;
E. The Medical School Program has raised
				funds through philanthropic resources and the private sector to match 100% of
				the funds allocated to the Medical School Program from the Fund;
F. The Medical School Program's curriculum
				includes required clerkship experiences in the State in and training and course
				completion in rural health care and primary care;
G. Matching funds will be used to provide
				scholarships at least equal to the number of scholarship awards allocated to
				the Medical School Program pursuant to Section 6 in a given academic year, in
				accordance with the same student eligibility and other criteria and
				requirements of the Scholarship Program.
H. The Medical School Program will only award
				scholarships funded by the Scholarship Program to eligible students in
				accordance with this Chapter 616, and will give priority to those students
				meeting the criteria of Section 2(C). The Medical School Program will provide
				such verification of the eligibility of students receiving scholarships as may
				be requested by the Authority from time to time.
I. The Medical School Program will provide
				such information relevant to the students receiving scholarships and relevant
				to the Medical School Program as may be requested by the Authority from time to
				time. At a minimum, for each of eight years after the graduation from the
				Medical School Program of a student receiving a scholarship pursuant to the
				Scholarship Program, the Medical School Program must report to the Authority,
				on such forms, or electronically, as may be required by the Authority, the
				location of the student's medical residency, specialty and place of
				employment;
J. The Medical School
				Program has designated one person responsible for the Scholarship
				Program;
K. For a renewal
				scholarship, the Medical School Program must verify annually that the student
				scholarship recipients are in good academic standing within any applicable
				institutional standards and continue to meet the student eligibility criteria
				set forth in Section 2 and other criteria for subsequent Scholarship Program
				funds as set forth in Section 4;
L.
				The Medical School Program has established that appropriate internal auditing
				and control procedures have been utilized in the operation of the Scholarship
				Program.