Section 590.200  Limitations on Use of Scholarship Funds

a)         Scholarships shall cover the cost of tuition and matriculation fees, and shall provide a monthly living stipend for selected medical students.

b)         Scholarship funds shall be expended by the recipient only while enrolled and in good academic standing at an accredited school of medicine or accredited school of osteopathy in Illinois.

c)         Scholarship funds shall not be awarded for expenses incurred when the student must repeat more than once an academic term or terms, if the repetition is necessary because the student has an academic performance below an acceptable level as determined by the student's medical school.

d)         Scholarship funds shall be provided to the recipient's medical school. All funds for tuition and fees are to be expended only on the medical student's behalf, and all stipend monies are to be provided directly to the medical student.

(Source:  Amended at 44 Ill. Reg. 20074, effective December 9, 2020)