"In an unprecedented initiative to reduce debt levels for medical students, Harvard Medical School Dean Jeffrey S. Flier announced last week that the school will eliminate the family contribution starting next year for students whose parents earn less than $120,000 annually.
The move means that the Medical School, one of the largest of the elite medical schools, will have a more generous financial aid program than all but a few of the nation’s colleges. The annual cost of attending the Medical School is approximately $65,000, according to school officials.
The initiative represents a 40 percent, or $3 million, increase in Medical School’s aid budget, and will affect one third of the 700 MD students, according to a letter Flier sent to the Medical School community last week. "
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