Johns Hopkins Medical Students to Receive Free Tuition After $1 Billion Gift From Bloomberg Philanthropies

The gift will also increase financial aid for students at the university’s nursing school and other graduate schools.

A sign stands in front of part of the Johns Hopkins Hospital complex in Baltimore, Md., on July 8, 2014. AP/Patrick Semansky, file

Bloomberg Philanthropies announced on July 8 a $1 billion gift to Johns Hopkins University that will cover the tuition for most of the school’s medical students.

Beginning in the fall, tuition will be paid in full for medical students whose families earn less than $300,000. In addition, living expenses and fees will be covered for those whose families earn $175,000 or less.