Roy and Diana Vagelos Launch Scholarship Challenge at P&S
This year, 2017, marks a true milestone for the College of Physicians and Surgeons: our 250th anniversary of pioneering medical education, research, patient care, and community service.
In preparation for this historic year, P&S formed an Anniversary Steering Committee, chaired by P. Roy Vagelos, M.D., to develop a plan for our year-long celebration. The Committee identified as our fundraising priority the vision to become a “debt-free” school for our medical students. Our aim is to eliminate need-based loans and provide all financial aid through scholarships.
I am thrilled to announce that Roy and his wife Diana have committed $25 million in matching funds to a new scholarship campaign to further this goal. Their gift will match new endowed scholarship gifts 1:1 as outlined in the P&S 250th Anniversary Scholarship Challenge.
This is the first phase in our effort to raise $150 to $200 million in endowed scholarship support. Achieving this goal at P&S would enable students in need of financial aid to receive P&S scholarships only rather than a combination of loans and scholarships. This debt reduction program would make P&S more affordable and make it easier for our graduates to pursue career options in fields such as primary care, research, and community service. As a result, this program will ensure P&S’s leadership position in medical education for the next 250 years, while changing not only our institution but the landscape of medicine in perpetuity. We hope you will participate in this historic fundraising challenge.
Again, please join me in thanking Roy and Diana Vagelos for their vision as champions of debt-free medical education at P&S. In addition to heading the Anniversary Steering Committee, Dr. Vagelos is a member of the P&S Class of 1954 and chair of the Columbia University Medical Center Board of Advisors. The Vagelos’ gift further builds their outstanding legacy at P&S, as so beautifully exemplified by the recently opened Roy and Diana Vagelos Education Center.
We hope all of you will join us in celebration during this significant anniversary year.
With best regards,
Lee Goldman, M.D.
Executive Vice President and Dean of the Faculties of Health Sciences and Medicine
Chief Executive, Columbia University Medical Center
P.S. We are collecting P&S stories from alumni, faculty, students, and friends, and we hope you will add yours to the Scrapbook page.