State Medical Education Forgivable Loan (MED)

The State Medical Education Forgivable Loan (MED) has been discontinued. Awards will be made only to renewal applicants during the 2017-18 and subsequent years.

Program Overview:
The primary objectives of this program are to provide educational opportunities to students who wish to practice medicine and to address Mississippi’s physician shortage by providing qualified physicians, particularly in underserved areas of the state. MED awards will be made available, to the extent of appropriated funds, to persons seeking a medical degree at the University of Mississippi Medical Center in exchange for employment in a primary care medical field.

Rules and Regulations:
MED Rules and Regulations

Important Dates:
Application Dates: October 1 – March 31
Document deadline: April 30, except the Letter of Acceptance and Letter of Good Standing (if required), which can be submitted through June 30.

Awards are made on a first-come, first-served basis, as funding is available. However, priority is given to eligible renewal applicants.

Eligibility Requirements:

  • Be a legal resident of the State of Mississippi for one year prior to application.
  • Be fully admitted to the University of Mississippi Medical Center School of Medicine and enroll full-time.
  • Agree to specialize in family medicine, internal medicine, pediatrics, or obstetrics/gynecology and to work in an appropriate field in an eligible service location.
  • Be in good standing on any prior federal, sate, or local educational loan.

Award Amount and Length of Eligibility:

  • MED awards up to the full cost of tuition each year at the University of Mississippi Medical Center, School of Medicine for no more than four (4) academic years.

Medical School Residency Requirements:

  • Complete a medical school residency consistent with the approved medical specialty for a period not to exceed four (4) years

Service Obligation:

  • MED is first and foremost a loan. The loan can be forgiven (discharged) on the basis of one (1) year of service for one (1) year of forgivable loan received. Service must be rendered as a licensed physician in an approved medical specialty (family medicine, internal medicine, pediatrics, or obstetrics/gynecology) in one of the following eligible service locations:
    Geographic Shortage Area
    State-operated Health Institution
    Community Health Center that is a grantee under Section 330 of US Public Health Service Act
  • LIABILITY: Forgivable loan recipients who choose not to fulfill the service obligation will be required to repay the loan in full with interest.

To Apply – Renewal Applicants:

  • Complete the online application. The online application must be completed each and every academic year for which the applicant seeks aid.
  • Submit a letter of good standing from the Registrar’s Office.
  • Some renewal applicants with a break in enrollment will be required to submit two forms of residency documentation:
    Preferred Residency Documents:

    1. FAFSA
    2. Mississippi driver’s license (can be submitted electronically during the online application)Alternate Residency Documents Accepted:
    State Tax Return (NOT Federal) for the current tax filing year. Dependent students would provide a signed copy of the first two pages of the parent’s return. Independent students would provide a signed copy of the student’s return. Am I dependent or independent?
    — Homestead Exemption
    — Voter Registration
    — Vehicle Registration
    Note: Our office receives FAFSA results electronically for all Mississippi residents. When possible, the state tax return or Mississippi driver’s license pending document will be replaced by the FAFSA.

Documents must be RECEIVED, not post-marked, by the published document deadline date of April 30.

How to Submit Supporting Documents

After the Application – the MED Award Process:

  • If funding is available, the Office will make award offers as soon as possible after receiving an appropriation, but no later than mid-June.
  • Renewal applicants must sign a Private Loan Self-Certification Form every year for which the applicant receives funds. The self-certification form must be signed with pen and returned in hard-copy.
  • When the Self-certification form has been received, the Office will notify the student’s attending institution that the student has been awarded.

Frequently Asked Questions:

  1. Why must I reapply every year?
    Current legislation requires “…the board shall create a renewal application for each student who received the award for one or more terms during the immediately preceding academic year.” At a minimum, a student must file the following renewal document no later than the close of business on the deadline date: online application.
  2. As a recipient of MED, I have a contractual obligation to practice as a primary care physician in Mississippi, but I’m not sure I understand my options. What are the specific areas in which I’m allowed to practice? Approved health care fields include family medicine, internal medicine, obstetrics/gynecology, pediatrics, or another primary care specialty. Eligible service locations include:
  3. What if I am unable to find a job immediately after completion of my residency?
    All recipients are eligible for a one-year (12-month) grace period while seeking employment. After one year, recipients must submit documentation of proper employment or start making payments to repay the loan.
  4. May I receive funds to pursue post-graduate training? No. MED funds are not available for post-graduate training. MED is eligible for deferment during post-graduate training in conformity with specific requirements which are stated in the contract.
  5. Can I receive funds if I choose to go to another school? No. You must attend the University of Mississippi Medical Center.
  6. How do I submit supporting documents to the Office of Student Financial Aid?
    How to Submit Supporting Documents