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The Medical Graduate Investment Act of 2024 authorizes the Secretary of Health and Human Services to award grants to medical and osteopathic schools at historically Black colleges and universities and other minority-serving institutions to increase medical student enrollment by at least 5 percent annually. Grants may fund tuition, faculty recruitment, equipment, and clinical training with an emphasis on preparing primary care physicians for medically underserved areas. Each eligible entity receives a minimum of $1 million per year over a 5-year grant period, with $60 million authorized annually from 2026 through 2030.
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