National Committee on Foreign Medical Education and Accreditation (NCFMEA) to have similar standards as the LCME (US medical colleges). When I was in basics in 2007, they came down and inspected us. After that they were going to inspect our clinical program and I was told it takes a few years....guess we passed. Now the thing is, if I remember correctly if the NCFMEA of the US Dept of Education approves our curriculum then when can receive/qualify to apply for federal funds. And seeing that the new laws stated that a school had to have at least one state approval by 2008/9?? (NY in our case) they would qualify to apply. This is where new schools fail to qualify as I understand it; as of now it opens the door to only a handful of carib schools to apply for fed loans.
AUC, Saba, MUA and SMU (passing rates?) are ACCM accredited. AUA was NY approved before 2008/9 so they might qualify (depends on passing rates). Obv. AUC, SGU and ROSS already have approval for fed loans. You are right though the crux is passing rates above 75%. I believe our pass rate (1st time) is above 80% (prob around 90%), but this needs official corroboration of course, our website does say 90%+ ....ya I know ...grain of salt.
Fantastic news for us anyhow!