New York University (NYU) School of Medicine has announced that it will offer a scholarship to cover tuition for every new, current, and future medical student. All students entered into the MD degree program are eligible regardless of financial need or academic performance. This year’s tuition cost is over $55,000.1
“The debt can scare people away. One of those individuals could be the one to find a cure for cancer,” said Rafael Rivera, MD, MBA, associate dean for admission and financial aid. “For us, it’s important to have the best applicant pool possible and society deserves nothing less.”1
“Our goal was to raise enough money to enable students to graduate with as little debt as possible,” said Robert I. Grossman, MD, dean and CEO of NYU Langone Health.1
University officials have worked for more than a decade to generate adequate funding to establish this permanent scholarship endowment. Students will still be responsible to cover room and board, as well as incidental personal expenses.
The positive implications of NYU’s actions as a model for other healthcare educational programs cannot be overstated. These steps may be the initiation of game-changing paradigms throughout the healthcare professions.
Reference
1. Lobosco K. NYU makes tuition free for all medical students. CNN online Aug 16, 2018. https://www.cnn.com/2018/08/16/health/nyu-free-tuition-medical-school/index.html?no-st=1534475682
Dr. Davis practices general dentistry in Santa Fe, NM. He assists as an expert witness in dental fraud and malpractice legal cases. He currently chairs the Santa Fe District Dental Society Peer-Review Committee and serves as a state dental association member to its house of delegates. He extensively writes and lectures on related matters. He may be reached at mwdavisdds@comcast.net or smilesofsantafe.com.
Related Articles
Dental Grad Achieves $1 Million in Student Loan Debt
Today’s Dental Grads Face Big Debt and More Choices
NYU Offers Dual DDS/MBA Degree Program
