Johns Hopkins University celebrated today’s announcement by Bloomberg Philanthropies of a new gift of $1 billion to make Hopkins free for most medical students and expand financial aid for future nurses and public health pioneers, infusing these critical professions with top talent from all socioeconomic and geographic backgrounds and communities. For most students seeking an MD at Hopkins, the gift will cover the full cost of attendance, including tuition and living expenses such as rent.
The new gift to Hopkins furthers Bloomberg’s commitment to addressing complex American health challenges by removing the economic barriers that stand between America’s most promising students from low-income and middle-class families and their dreams of saving lives and making an impact on their communities. This dramatic expansion of financial aid support for graduate and medical students also builds on the transformative impact of Bloomberg’s 2018 gift for undergraduate aid at Johns Hopkins University.
“Extraordinary talent exists in every community across America, a fact borne out by the transformative impact of Mike Bloomberg’s historic gift for financial aid to Hopkins undergraduates six years ago that dramatically expanded the breadth of experience and accomplishment of our student body,” said Ron Daniels, president of Johns Hopkins University. “Removing financial barriers to individual opportunity fuels excellence, innovation, and discoveries that redound to the benefit of society.”
In addition to investing in future generations of doctors, this $1 billion endowment from Bloomberg Philanthropies will support leaders in other critical health-related fields through increased graduate financial aid in the Johns Hopkins Bloomberg School of Public Health and School of Nursing, and it will expand aid for graduate degrees offered by the Johns Hopkins schools of Education, Engineering, Business, Arts and Sciences, and Advanced International Studies; the Peabody Institute; and the newly announced School of Government and Policy. The gift also will support the development of a new program to draw impact-focused interdisciplinary leaders into the worlds of research, industry, and government through innovations in PhD education and training.
Topics: Alumni, Faculty and Staff, Friends of Johns Hopkins Medicine, Bloomberg School of Public Health, Carey Business School, Krieger School of Arts and Sciences, School of Advanced International Studies, School of Education, School of Medicine, School of Nursing, Whiting School of Engineering, Support Scholars