| CollegeHighway.com Login |
| Don't have an account yet? You can create one. As registered user you have some advantages like theme manager, comments configuration and post comments with your name. |
| Trippin? |
 |
| Check Yourself |
 |
| Ephemerids |
One Day like Today...
|
| Welcome |
| You are Anonymous user. You can register for free by clicking here. |
 |
|
| Home / College Guide / Cornell Med school debuts free admission for some students |
| Posted on Tuesday, September 17 @ 00:00:10 PDT |
By Danielle Garrand
September 16, 2019 / 11:33 PM / CBS News
Tuition-free medical school at NYU Students may graduate medical school with a new title but often leave with something else: Massive student loans. Cornell Universitys medical school announced Monday that wont be the case for many of its students — as its offering a free education to all who qualify for financial aid.
Weill Cornell Medicines new scholarship program will offer a debt-free education to all medical students with demonstrated financial need beginning this fall and every year after, according to a release from the school .
First-year students in the class of 2023 and subsequent students will have their student loans replaced by scholarships for the duration of their education. Students currently enrolled who qualify will receive scholarships to replace their loans for the upcoming year and each year until they graduate.
Trending News Girl dies from brain-eating amoeba after swimming U.S. bomb-sniffing dogs dying in Jordan, according to report New Brett Kavanaugh accusation sets off calls for impeachment Ailing veteran tells Bernie Sanders: Im gonna kill myself N.J. mayor says he was profiled at airport for being Muslim The school isnt just covering courses, though.
Future doctors who qualify wont have to borrow money for housing, books, food or other related expenses either — its all covered by scholarships.
This bold initiative to eliminate medical education student debt ensures that every student who wishes to become a doctor can do so — for their betterment and for the patients they serve, university president Martha E. Pollack said. By investing in our medical students, we impart a lasting, positive effect on the healthcare landscape across the country.
The scholarships were made possible due to a lead gift from The Starr Foundation, which is directed by a member of the schools board of overseers, Maurice R. Greenberg and donations from Joan and Sanford I. Weill and the Weill Family Foundation, as well as other donors. The donations totaled $160 million.
Students pursuing dual M.D.—Ph.D degrees through a separate program will be provided full tuition and living expenses stipends from the National Institutes of Health and Weill Cornell Medicine.
Together, the two programs will allow two-thirds of the schools medical student body to graduate without debt, according to the release.
Over half of the schools medical students have historically received need-based scholarships to reduce the cost of attendance, which averages $90,000 a year.
The school needs around $50 million more in the future to continue the program indefinitely, the medical schools Dean, Dr. Augustine M.K. Choi, told The New York Times . However, he said he feels very confident that number would be reached.
While medicine may be a traditionally high-paying field, many doctors graduate with mountains of debt that can take decades to pay off. Students who borrow for medical school graduate with a median debt of $200,000, according to the Association of American Medical Colleges .
Cornell isnt the first university to attempt to defray the lofty cost of medical school. NYUs medical school went tuition-free earlier this year. Last year, Columbia University announced its students will graduate debt-free and an entire class of medical students at the University of Houston received free tuition thanks to an anonymous donor last summer .
|
|
| |
|
|
