The San Damiano Scholars Program is designed to provide educational assistance to selected qualified nursing students ("Recipients") who are enrolled in at least nine (9) hours at Franciscan Missionaries of Our Lady University (FranU) and are willing to commit to employment at Our Lady of the Lake Regional Medical Center (OLOLRMC) following graduation. The San Damiano Scholars Program provides a “forgivable loan” to Recipients who repay obligation by fulfilling a specified employment time commitment at OLOLRMC or by monetarily repaying the loan.
OLOLRMC will underwrite educational expenses for each Recipient for up to $6,000 per semester, up to a maximum of 4 semesters totaling $24,000. The number of Recipients each semester is determined by the CNO/CEO of OLOLRMC in consultation with FranU’s Dean of the School of Nursing. Application deadlines are March 1st for Summer & Fall semesters and October 1st for Spring semester.