NY varsity offers free tuition
New York – New York University will offer all its current and future medical school students free tuition in an effort to tackle soaring debt levels and encourage more applicants.
The move – financed by the generosity of the university’s “trustees, alumni, and friends,” amounts to a reduction of $55 018 (about R818 000) in annual fees, regardless of financial needs or academic merit.
It does not cover living and administrative costs averaging $27 000 a year.
“Aspiring physicians and surgeons should not be prevented from pursuing a career in medicine because of the prospect of overwhelming financial debt,” said Dr Robert Grossman, dean of the NYU School of Medicine.