Most medical students at Johns Hopkins University will no longer pay tuition thanks to a $1 billion gift from Bloomberg Philanthropies.
A sign stands in front of part of the Johns Hopkins Hospital complex, July 8, 2014, in Baltimore. Starting in the fall, the gift announced Monday, July 8, 2024 will cover full tuition for medical students from families earning less than $300,000.
Starting in the fall, the gift 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.Bloomberg Philanthropies said that currently almost two-thirds of all students seeking an M.D. from Johns Hopkins qualify for financial aid, and future doctors graduate from the university with an average total student loan debt of approximately $104,000.
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