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Cleveland, OH (WWJ) -- The Cleveland Clinic will award full tuition scholarships worth $43,500 per year to all its students at the Lerner College of Medicine starting this summer. Is there a catch?
"The average debt for students graduating from private U.S. medical students, such as the Lerner College of Medicine, is more than $150,000, making many graduates less likely to pursue careers in academic medicine," said Delos M. "Toby" Cosgrove, MD, CEO and President of Cleveland Clinic.
"By providing full tuition support, we want to ensure that debt does not hinder the ability of our graduates to pursue academic careers as physician scientists."
The Cleveland Clinic Lerner College of Medicine enrolls 32 students annually and drew 1,423 highly qualified applicants this past year. The Cleveland Clinic Lerner College of Medicine program is designed to train graduates who will have a solid combination of clinical and research skills and a passion for scientific inquiry. Graduates earn a medical degree (MD) with Special Qualification in Biomedical Research.
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