Bloomberg Philanthropies gifts US$1-billion to medical school, others at Johns Hopkins University

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Bloomberg Philanthropies gifts US$1-billion to medical school, others at Johns Hopkins University
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Starting in the fall, the gift will cover full tuition for medical students from families earning less than $300,000

A sign stands in front of part of the Johns Hopkins Hospital complex, in Baltimore, Md., on July 8, 2014.Most medical students at Johns Hopkins University will no longer pay tuition thanks to a $1-billion gift from Bloomberg Philanthropies announced Monday.

The gift will also increase financial aid for students at the university’s schools of nursing, public health, and other graduate schools. Johns Hopkins will be the latest medical school to offer free tuition to most or all of their medical students. Other medical schools, like UCLA’s David Geffen School of Medicine, offer merit-based scholarships thanks to some $146-million in donations from the recording industry mogul, David Geffen. The Cleveland Clinic Lerner College of Medicine has also offered tuition-free education for medical students since 2008.

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