CMH Healthcare Scholarships

Question & Answer Information for Students
Healthcare Scholarship Loan Forgiveness Agreement


Question & Answer Information for Students

If I am interested in pursuing a healthcare scholarship opportunity, what is my first step?
Interested students should contact Community Memorial’s Human Resources Department at 878-7630 and request an application form. Or request an application form at a job fair that CMH is attending.

What qualifications is CMH looking for in a scholarship recipient and who determines who will be awarded a scholarship?

Applicants will be awarded a scholarship opportunity based on the following criteria:
  • Completion of the application form;
  • Responses to the application’s questions;
  • Academic and/or employment references;
  • Must have successfully completed the first year of an accredited program in an approved healthcare program, averaging a 3.0 or better (B average or better) and must be in good standing;
  • Must be willing to complete a portion of an approved internship;
  • Must be willing to begin their employment in the career that they were awarded their scholarship for within two (2) months after the completion school.

What is the final selection step toward a scholarship?
Candidates will be selected via their application and will be interviewed by a CMH selection committee. Reference checks will be done on each candidate that will include their clinical instructors. If selected for this scholarship, the tuition payments will be made directly to the college.

How does an applicant know what health care education programs are eligible for a scholarship opportunity?
The healthcare careers that are or will be eligible for a scholarship opportunity will be determined on CMH’s technical health care employment needs and the general job market. Contact the Human Resources Department at 878-7630 for more information.

What commitment do I have to make to CMH, if I accept the scholarship?
The scholarship is structured as a forgivable loan. As long as a scholarship recipient continues their employment in good standing with CMH, CMH will forgive 25% of their loan for each six months of employment. Employment beyond 24 months will be dependent upon CMH open job positions and satisfactory job performance review(s).

If the student leaves the employment prior to the completion of 24 months, the student will be in default of the Healthcare Scholarship Loan Forgiveness Agreement and, at the discretion of CMH, will be required to reimburse any remaining unforgiven scholarship amount.

What if there is no job immediately available at CMH, once I complete my education?
In the event that there is not an open job position immediately available at completion date, CMH may offer employment in another position that the student is qualified for. Salary will be appropriate to the position with credit given for experience. Once employed, the student is expected to comply with the guidelines defined in the CMH Employee Handbook

What if I have any other questions regarding the Healthcare Scholarship Loan Forgiveness Program?
Contact the Human Resources Department at 878-7630.


Healthcare Scholarship Loan Forgiveness Agreement

I
. Note to Scholarship Applicants:

Community Memorial Hospital Association (CMH) may make available a healthcare education scholarship that is structured as a forgivable loan to post-secondary students in good standing, who are seeking a degree, licensure, or certification in a healthcare related education program. To be eligible for consideration, applicants are responsible for reading and following the scholarship criteria and meeting the application requirements. Community Memorial Hospital reserves the right in determining an education scholarship recipient and/or what programs or courses qualify.

II. Scholarship Participation / Eligibility Criteria:

  1. Must have successfully completed the first year of an accredited program, averaging a 3.0 or better (B average or better) and must be in good standing.
  2. The School’s official course outline must accompany the scholarship’s application.
  3. Must be willing to fully disclose to CMH any other scholarship and/or grant monies being received for the healthcare education program enrolled in. Students receiving partial scholarship and/or grant monies may be eligible to receive a partial education scholarship from CMH; however, the awarded scholarship dollars will not exceed the healthcare education program’s cost for tuition and books.
  4. The scholarship recipient must agree and be willing to:
     
    1. complete a portion of an approved internship;
    2. begin employment in the healthcare discipline that the scholarship dollars were put towards, within two (2) months after the completion of the education program.

The scholarship application must be received by CMH to the attention of the Human Resources Department, no later than three weeks prior to school registration.

III. Scholarship Disbursement:

1. Only courses taken for credit (and following #2’s criteria above) shall be eligible for scholarship disbursement.
2. Scholarship disbursements will occur with the student submitting an official copy of their semester’s transcript and receipts for the coursework’s required books. Disbursements will be paid directly to the school.
3. A minimum 2.5 grade point average (based on a 4.0 system) must be maintained.

IV. Scholarship Loan Forgiveness Agreement:

  1. At or before the time the scholarship is disbursed, the student shall be required to sign a Scholarship Loan Forgiveness Agreement.
     
  2. If all criteria and requirements of Sections I & II are met above, CMH shall forgive the scholarship loan according to the following schedule:
     
    1. twenty-five percent (25%) six (6) months of continuous employment in good standing with CMH
    2. an additional twenty-five percent (25%), twelve (12) months of continuous employment in good standing with CMH;
    3. an additional twenty-five percent (25%) eighteen (18) months of continuous employment in good standing with CMH;
    4. the final twenty-five percent (25%) twenty four (24) months of continuous employment in good standing with CMH;
V. Scholarship Payback

If the scholarship recipient fails to meet any or all of the eligibility or participation criteria, or if the employee ceases to work for CMH at any time for any reason prior to twenty four (24) months after completion of the course work, the scholarship recipient shall become immediately liable to CMH for repayment of the remaining balance on the scholarship loan, together with eight percent (8.00%) simple interest per annum on the remaining balance. These amounts may be deducted from the employee’s wages. The employee agrees to pay all costs of collecting the amounts owed, including reasonable attorney’s fees, court costs, and other expenses.