(Rowan University interim president Dr. Ali Houshmand, left, with Lawrence and Rita Salva and Cooper Medical School founding dean Dr. Paul Katz, right. Photo provided) <\/p>\n
By Michelle Durham <\/p>\n
CAMDEN, N.J. (CBS) Officials at the Cooper Medical School of Rowan University received a tremendous gift last week: more than $1 million, earmarked for scholarships to students of the new medical school. <\/p>\n
The donation was made to the Rowan Foundation by Comcast Corporation Senior Vice President Lawrence Salva and his wife, Rita. <\/p>\n
Salva is a Rowan University alumnus. <\/p>\n
A million dollars will flow into an endowment that will permanently fund, annually, four-year scholarships to one or more students, he explains. (An) additional $55,000, combined with earnings from the endowment, will fund the initial grant of $100,000 in scholarships to the initial charter class. <\/p>\n
That first class begins August 2012. <\/p>\n
Dr. Paul Katz, dean of the medical school, says the average medical student has $160,000 of school debt by the time he or she graduates. <\/p>\n
Anything we can do to allow students to have less of an impact on the career decisions they make based on finances is great, he tells KYW Newsradio. <\/p>\n
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See the original post here: (Rowan University interim president Dr. Ali Houshmand, left, with Lawrence and Rita Salva and Cooper Medical School founding dean Dr Continue reading
\nRowan\u2019s Medical School In Camden Gets $1M+ Scholarship Donation<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"