Hello everyone,
I actually did this program. I applied a year after getting my bachelors, and I applied directly to the program, at that time it was a joint application. And I was accepted and awarded the fellowship. I had a brief phone interview and that was it.
I also got to opt out of half of the core courses due to upper level courses taken during my senior year of my BS.
If you start out at Hopkins doing this program, and get your MS, and then decide to STAY at Hopkins for a PhD, any core courses you take during this program that are also required for PhD training can be waived (meaning you get credit for those courses, and you more than likely have to substitute them for electives). If you decide to go to a different grad school for the PhD, then at best, you might get elective credits for your MS coursework. (Unless you can make an argument that a course like Advance Cell Biology at JHU is equivalent to a Graduate Cell biology class required for PhD training at another university). If you have your list of grad schools, it doesn't hurt to ask. [additionally, if you end up wanting to pursue a PhD at Hopkins, and you like the project/PI/Lab that you do your MS in, it might be possible to set up a GPP with NIH & Hopkins so you can continue your research as part of your PhD thesis work, and it might be easier given the previously established relationship with JHU and that particular PI... Just a thought.]
In the eyes of the NIH, students in this program are CRTAs (Clinical research training awardees) and are eligible for all NIH Post-Bac programs and activities.
I have a friend who is in this program now and she's planning to go on to Med School and is using this time in the program to prepare her applications, while gaining research experience, networking, and essentially a free masters degree from Hopkins.
For the past 3 years, they've accepted 3 applicants/cycle, not 5. So it is pretty competitive. They get a few hundred applications/cycle, and that number is increasing as more word gets out about this funded masters program in biotech.
There's also a sister program that JHU offers in partnership with USAMRID, focusing on Biodefense and Infectious Diseases. I actually applied to both (to increase my chances) but the NCI program got back to me first.