Boston University Medical School Receives Historic $100 Million Donation
The Lifelong Friendship behind Astonishing $100 Million Gift to BU’s Medical School
Bu Today
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Astonishingly, Edward Avedisian, a celebrated clarinetist and philanthropist, has donated $100 million to Boston University’s medical school, which will be renamed the Aram V. Chobanian & Edward Avedisian School of Medicine. The funds will significantly enhance scholarships, faculty positions, and research initiatives, transforming the educational landscape for future medical students.
- 01Edward Avedisian's $100 million donation will rename Boston University's medical school.
- 02The donation will provide $50 million for scholarships and $25 million each for endowed professorships and research.
- 03The gift aims to alleviate student debt, which is a significant barrier for many aspiring doctors.
- 04Avedisian and Chobanian, lifelong friends, emphasize humility and philanthropy in their contributions.
- 05The funds will help attract top faculty and students, enhancing the school's educational quality.
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Edward Avedisian, a prominent clarinetist with the Boston Pops, has made a transformative $100 million donation to Boston University, leading to the renaming of its medical school to the Aram V. Chobanian & Edward Avedisian School of Medicine. This historic gift will allocate $50 million for scholarships, which is crucial as medical school debt averages around $194,280 for graduates from public institutions. The remaining funds will support endowed professorships and a dedicated research fund, significantly boosting the school's capabilities. University President Robert A. Brown hailed the donation as one of the most remarkable in higher education history. Both Avedisian and Chobanian, who grew up in Pawtucket, Rhode Island, have emphasized their commitment to education and philanthropy, with Avedisian's investment success allowing him to give back to the community. Their lifelong friendship and shared values have culminated in this monumental contribution, which will not only enhance the medical school's reputation but also provide opportunities for future generations of medical students.
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The donation will significantly reduce financial barriers for medical students, making the profession more accessible to those from diverse backgrounds.
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