BENEFACTOR REPORT
John and Valerie Rowe Endowed Scholars Fund
George Q. Daley, MD, PhD
Dean of the Faculty of Medicine
Caroline Shields Walker Professor of Medicine
June 2026
George Q. Daley, MD, PhD
Dear Jack and Valerie,
Sincerely,
Our financial aid program reflects our core belief that cost should never be a barrier to attending Harvard Medical School. Because of you, we can welcome outstanding students regardless of their financial means and enable them to begin their training with purpose and focus.
Harvard Medical School is proud to offer one of the most generous financial aid programs in the country. In fiscal year 2025, we awarded $31.2 million in MD financial aid, placing HMS sixth nationally in total MD scholarship funding awarded. Seventy-one percent of our MD students receive aid, with an average annual scholarship of $61,758, and half of our scholarship recipients qualify for our Middle Income Initiative, which adjusts the parental contribution expected from HMS families with the greatest financial need. Your support is essential to maintaining this level of aid and directing resources to those with the greatest need.
Even in a current challenging financial environment, with uncertain federal support, we remain steadfast in our commitment to financial aid. With your partnership, we can continue to prioritize access and opportunity for outstanding students.
Jack, I hope to see you this fall for the next Board meeting, if not before. For now, I wish you both a wonderful summer, and I thank you for helping to educate and inspire the next generation of physicians and physician-scientists and for all the ways you support the Medical School.
It is always great to find a reason to write to you both and today is no exception. Thank you, once again, for your generous commitment to financial aid at Harvard Medical School, for your support through the John and Valerie Rowe Endowed Scholars Fund and for your partnership on the Board of Fellows as well.