Baltimore, MD - July 8, 2024 - Most medical students at Johns Hopkins University in Baltimore will attend at no cost thanks to a $1 billion gift announced Monday by Bloomberg Philanthropies.
The donation also increases financial aid for students at its schools of nursing, public health, and other graduate schools.
Starting in the fall, the donation will cover full tuition for medical students from families earning less than $300,000. Living expenses and fees will be covered for students from families who earn up to $175,000.
“As the U.S. struggles to recover from a disturbing decline in life expectancy, our country faces a serious shortage of doctors, nurses, and public health professionals – and yet, the high cost of medical, nursing, and graduate school too often bars students from enrolling,” said Michael R. Bloomberg, founder of Bloomberg Philanthropies and Bloomberg L.P., in the annual letter on philanthropy in the Bloomberg Philanthropies 2023-2024 Annual Report released Monday. “By reducing the financial barriers to these essential fields, we can free more students to pursue careers they’re passionate about — and enable them to serve more of the families and communities who need them the most.”... Read More: Pikesville Patch