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9mo ago

$1 Billion Bloomberg Donation Makes Johns Hopkins Medical School Tuition-Free for Most

Starting this fall, the gift will cover tuition and living expenses for students from families earning less than $175,000, with tuition-only coverage for those earning up to $300,000.

Overview

  • The donation aims to address the shortage of healthcare professionals and declining U.S. life expectancy.
  • Nearly two-thirds of current and future medical students at Johns Hopkins will benefit from the financial aid.
  • The gift also increases financial aid for students in nursing, public health, and other graduate programs.
  • Johns Hopkins joins other institutions like NYU and Albert Einstein College of Medicine in offering tuition-free medical education.
  • Bloomberg previously donated $1.8 billion to Johns Hopkins in 2018 for undergraduate financial aid.