Sponsored Links
Results 1 to 3 of 3
Like Tree2Likes
  • 1 Post By Doc
  • 1 Post By VidDr

Thread: New York University offers free tuition to all medical students

  1. #1
    Doc's Avatar
    Doc
    Doc is offline Administrator 9363 points
    Join Date
    Jan 2003
    Posts
    11,606
    Downloads
    98
    Uploads
    0
    Blog Entries
    10
    Images
    74
    Thanks
    0
    Thanked 0 Times in 0 Posts

    New York University offers free tuition to all medical students

    Advertisements



    New York University offers free tuition to all medical students

    By Morgan Winsor


    New York University medical students received life-changing news on Thursday -- the School of Medicine will cover full tuition going forward for all current and future students, regardless of need or merit.

    The stunning announcement was made Thursday morning at the end of the annual "White Coat Ceremony," where new medical students are given white lab coats to mark the start of their M.D. degree program. At the same time, all current NYU medical students received emails saying the school is offering them full-ride scholarships too.

    "Our last thing was to tell the students and their parents that, hey, tuition is going to be on us," Dr. Rafael Rivera, associate dean for admission and financial aid, told ABC News on Thursday. "It was awesome to see the emotions on their faces."


    Name:  nyu-med-ht-2-er-180816_hpMain_4x3_992.jpg
Views: 777
Size:  87.4 KB

    The skyrocketing cost of tuition can lead to hundreds of thousands of dollars in debt, which can be out of line with potential earnings, has been a source of much debate across the nation. Prospective doctors can carry some of the highest debt burdens.

    According to the Association of American Medical Colleges, 75 percent of all doctors in the United States graduated with educational debt in 2017. On average, doctors currently graduating from a private school do so with $202,000 in debt. That debt pressure can steer new doctors away from research, community-based work and general practice, which may not be as highly paid as medical specialties.

    "We don't want this debt to hang over their heads and persuade them from pursuing careers of passion"
    NYU School of Medicine is the first private U.S. medical school and the only one ranked in the top 10 to offer free tuition to all its students, the university said in a press release. The yearly tuition costs covered by the scholarship are $55,018.

    The free-tuition initiative began more than a decade ago when NYU created an endowment for that purpose. So far, the university has raised more than $450 million of the roughly $600 million it estimates it will need to fund full-tuition scholarships for all medical students "in perpetuity."

    Name:  nyu-med-ht-1-er-180816_hpMain_4x3_992.jpg
Views: 621
Size:  114.9 KB


    The move follows NYU's decision in 2013 to offer an accelerated three-year curriculum for its MD degree program, which also helps in cutting tuition costs.

    The goal is to allow aspiring physicians "from all walks of life" pursue their passion with less stress, according to Dr. Robert Grossman, dean of NYU School of Medicine and CEO of NYU Langone Health.

    "We thought it was a moral imperative because it's very difficult for medical students to incur the debt burden of medical school, as well as the additional time burden of training," Grossman told ABC News on Thursday.

    Rivera said the daunting prospect of financial debt has an "adverse effect on patient care" by "scaring away" talented students from a career in medicine and, in effect, causing physician shortages and a lack of diversity.

    "We don't want this debt to hang over their heads and persuade them from pursuing careers of passion," Rivera told ABC News.
    Support likes this.
    Doc
    Site Administrator

  2. #2
    VidDr is offline Newbie 511 points
    Join Date
    Jul 2018
    Posts
    14
    Downloads
    0
    Uploads
    0
    Thanks
    0
    Thanked 0 Times in 0 Posts
    That's a pretty awesome thing! I am sure the school will become even more competitive now, and still quite expensive because of the high cost of living in NY - but still, it's quite a great step!
    Support likes this.

  3. #3
    mayam is offline Newbie 510 points
    Join Date
    Nov 2018
    Posts
    10
    Downloads
    0
    Uploads
    0
    Thanks
    0
    Thanked 0 Times in 0 Posts
    wow thats amazing

Similar Threads

  1. Housing is available and affordable for medical students in new york
    By jubala23 in forum Main Apartment Exchange
    Replies: 0
    Last Post: 02-25-2018, 12:26 AM
  2. what's the tuition and other fees of China Medical University?
    By Ayano in forum Asian Medical Schools
    Replies: 0
    Last Post: 12-11-2014, 02:06 AM
  3. Tuition free Medical universities in Germany, Switzerland, Sweden, Holland for non-EU
    By shubham in forum Main European Medical Schools Forum
    Replies: 69
    Last Post: 11-10-2014, 09:44 PM
  4. Students with offers from gdansk medical school for 2011, help in entrance exam !!
    By yousef kabha in forum Medical University of Gdansk
    Replies: 3
    Last Post: 02-03-2012, 11:11 PM
  5. Students with offers from gdansk medical school for 2011, click here!!!
    By khuram1989 in forum Medical University of Gdansk
    Replies: 9
    Last Post: 09-10-2011, 08:09 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •