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How long do we have to wait after receiving a grant from Meyer to submit a new LOI?

LOI Meyer submit wait
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How long do we have to wait after receiving a grant from Meyer to submit a new LOI?

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A. You must wait a year after receiving a Meyer grant before you can receive another grant. For example, if you receive a grant in June, you can apply for another grant no earlier than the following February, for a June decision.

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