Okla. Stat. tit. 70, § 70-625.5: Eligibility - Amount - Renewal - Reports

A. An applicant may be eligible for the award of a scholarship

upon demonstration that the applicant:

1. Desires a scholarship to any accredited school of medicine

or school of osteopathic medicine in the United States of America;

2. Is a bona fide resident of Oklahoma;

3. Has personal financial resources such that, in the absence

of scholarship aid, will be unable to pursue the program of study

desired;

4. Is a person of good moral character;

5. Has successfully completed the program of instruction

prerequisite for admission to the program of study provided for in

Section 625.1 et seq. of this title and has applied for admission to

a medical school;

6. Has capacity to profit by the course of study for which the

applicant seeks aid;

7. Desires to practice medicine in a rural community in

Oklahoma; and

8. Submits proof that the applicant has not accepted or will

not accept any other scholarship assistance which has a conflicting

service obligation requirement.

In determining an applicant’s capacity to profit by the course

of study desired, the Commission shall consider the applicant’s

previous scholastic record, the results of examinations conducted

under the provisions of Section 625.1 et seq. of this title, and the

results of interviews and such other tests or examinations which the

Commission may deem advisable. In establishing an applicant’s

financial need, the Commission shall conduct a thorough and complete

investigation of the financial resources of the applicant and

family.

B. The amount of each scholarship grant shall not exceed

Fifteen Thousand Dollars ($15,000.00) per academic year for students

engaged in their first, second, third or fourth year of study, or

equivalent number of terms completed in an education program in a

given period of months.

C. The method of payment of funds to each recipient of a

scholarship grant shall be in accordance with rules formulated by

the Commission governing the grants for each type of scholarship.

D. Each scholarship is renewable annually for the number of

years required to complete the course of study in which the

recipient is engaged. The Commission shall grant such an annual

renewal only upon the recipient’s application and upon the

Commission’s finding that the recipient:

1. Has completed successfully the work of the preceding year

and presented evidence that the recipient is a student in good

standing;

2. Remains a resident of Oklahoma; and

3. Is in a financial situation that warrants the award of a

scholarship under the standards set forth in Section 625.1 et seq.

of this title.

E. The Commission shall make an annual report to the Governor

and Legislature on the activities of the Commission. This report

shall include the names of the recipients of the scholarships, the

amount of the scholarship awards, an accounting of the funds

expended on scholarships and on the administration of the program

and a budget requesting the funds necessary for the operation of the

Commission. The report shall also include an accounting of

repayments of scholarships, whether by services or in cash including

interest.