Bronx Medical School will be free for all students – NBC New York (47)

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What you should know

• Medical students at a Bronx university will now be able to study the profession free of tuition thanks to a unique gift. Albert Einstein College of Medicine received a historic $1 billion gift from Dr. Ruth L. Gottesman, Ed.D., chair of the Einstein Board of Trustees and member of the board of directors of Montefiore Health System.
• This historic gift, believed to be the largest made to any medical school in the country, will ensure that no Einstein student will ever have to pay tuition again, Dr. Philip Ozuah, president and CEO of Montefiore Einstein, the organization that brings together the Albert Einstein College of Medicine and the Montefiore Health System.
• The good news already benefits all current fourth-year students who will have their spring 2024 semester tuition refunded, according to the announcement. Additionally, beginning in August of this year, all advancing students will receive free tuition at the Albert Einstein College of Medicine.

NEW YORK — One of the most expensive career paths is medicine, which makes the process difficult for many students or they end up with a large debt after graduating.

However, medical students at a Bronx university will now be able to study the profession free of tuition thanks to a one-time gift. Albert Einstein College of Medicine received a historic $1 billion gift from Dr. Ruth L. Gottesman, Ed.D., chair of the Einstein Board of Trustees and member of the board of directors of Montefiore Health System.

This historic gift, believed to be the largest made to any medical school in the country, will ensure that no Einstein student will ever have to pay tuition again, Dr. Philip Ozuah, president and CEO of Montefiore Einstein, the organization that brings together the Albert Einstein College of Medicine and the Montefiore Health System.

The good news already benefits all current fourth-year students who will have their spring 2024 semester tuition refunded, according to the announcement. Additionally, beginning in August of this year, all advancing students will receive free tuition at the Albert Einstein College of Medicine.

“This donation radically revolutionizes our ability to continue attracting students committed to our mission, not just those who can afford it. Additionally, it will free and encourage our students, allowing them to pursue projects and ideas that would otherwise be prohibitive. We will remember the legacy this historic gift represents each spring as we send another diverse class of physicians throughout the Bronx and around the world to provide compassionate care and transform their communities,” said Dr. Yaron Tomer, dean of the Albert Einstein College of Medicine. .

This transformative gift aims to attract a diverse and talented group of people who would not otherwise have the means to pursue medical education. It will enable generations of healthcare leaders to advance the boundaries of research and care, free from the burden of crushing loan debt.

The billion-dollar donation was made possible by Gottesman’s late husband, David Gottseman, also known as Sandy. Her late husband died in 2022 after a long career in Manhattan working at investment firms, according to The New York Times.

“I am very grateful to my late husband, Sandy, for leaving these funds in my care, and I feel blessed to have the great privilege of making this donation to such a worthy cause,” Gottesman said.

The Times reports that the university’s annual tuition is more than $59,000, and many graduate from the institution with debt exceeding $200,000.

Albert Einstein College of Medicine was founded in 1955 with the mission of welcoming all students, without restrictions. This gift furthers that mission by removing financial restrictions for those who do not have the financial means to pay for medical school.

Who is Ruth L. Gottesman

Dr. Gottesman joined Einstein’s Child Evaluation and Rehabilitation Center (CERC) in 1968. At a time when learning disabilities were often unrecognized and misdiagnosed, she developed screening, evaluation, and treatment modalities widely. used that have helped tens of thousands of children. In 1992 she started the Adult Literacy Program at CERC, the first of its kind, which is still in operation. In 1998, she was named founding director of the Emily Fisher Landau Center for the Treatment of Learning Disabilities (at CERC). Dr. Gottesman earned her bachelor’s degree from Barnard College and her master’s and doctoral degrees from Teachers College, Columbia University. She is a clinical professor emeritus of pediatrics (developmental medicine) at Einstein.

Throughout her 55-year association with the School of Medicine, Dr. Gottesman’s dedication and philanthropic vision have helped make Einstein the institution it is today. She and her late husband, David S. Gottesman, have been enormously generous donors in the past to Einstein’s innovative research and education initiatives.

“Each year, more than 100 students enter the Albert Einstein College of Medicine in their pursuit of degrees in medicine and science. “They leave as superbly trained scientists and compassionate, knowledgeable physicians, with the experience to find new ways to prevent disease and provide the best health care to communities here in the Bronx and around the world,” Gottesman’s statement read.