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HOW
DOES THE ESTABLISH PRACTICE GRANT PROGRAM WORK?
Approved grant program recipients will be eligible to receive four (4) disbursements from the program over seven (7) years of practice in a Fund-designated critical county. The disbursements will take place after the physician's 1st , 3rd , 5th , and 7th years of practice as follows:
$20,000
after the 1st year of practice
$30,000
after the 3rd year of practice
$30,000
after the 5th year of practice
$30,000
after the 7th year of practice
Applications must be received by March 1, and will be evaluated for acceptance into the program by the Board of Directors. Up to two new recipients will be selected each year. The recipients must serve the designated time required for each grant prior to receiving the grant distribution.
Previous recipients of loans/scholarships are eligible to apply for the grant program. This does not alter your original agreement with the Fund.
Applicants must be a member of the Kentucky Medical Association.
Those who currently reside and/or practice in a critically underserved county are not eligible for this Grant.
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