Federal Research Agencies Minority Scholarship and Loan Repayment Act

[AI summary unavailable — showing source text] Federal Research Agencies Minority Scholarship and Loan Repayment Act - Amends the Public Health Service Act (PHSA) to establish an undergraduate scholarship program and a health professional educational loan repayment program for underrepresented minorities in professions needed by certain Federal health agencies. Directs the Secretary of Health and Human Services (HHS) to establish such programs for each of the National Institutes of Health, the Alcohol, Drug Abuse, and Mental Health Administration, and the Centers for Disease Control (the specified health agencies). Requires, under the undergraduate scholarship program, that the individual recipients: (1) pursue academic programs appropriate for careers in professions needed by the agency involved; and (2) agree to serve as employees of such agency for 12 months for each academic year of the scholarship. Requires such service to be performed full-time: (1) for at least ten consecutive weeks of each year during attendance at the educational institution involved; and (2) not later than 60 days after obtaining the educational degree involved, begin and serve consecutively the remainder of the obligated period. Authorizes the head o…