November 27, 1998
Business-News Mogul's Gift Will Help Johns Hopkins Increase Financial Aid
Many private colleges have tapped their endowments to pay for increases in financial aid. The Johns Hopkins University tapped Michael R. Bloomberg.
The business-news mogul's recent $30-million gift for financial aid will help Johns Hopkins increase scholarships for aid recipients in next year's freshman class by 25 per cent, to $20,000 per student. The university will eventually spend an extra $5-million per
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