CONTACT: SHANNON MILLER
Director of Development
UI College of Medicine/UIHC
UI Foundation News
500 Levitt Center for University Advancement
Iowa City IA 52242
Phone: (319) 335-3305 or (800) 648-6973
Release: Dec. 27, 2001
University of Iowa College of Medicine holds third annual scholarship
IOWA CITY, IowaThe University of Iowa College of Medicine held its
third annual scholarship awards luncheon recently to honor scholarship recipients
and donors and to allow the two groups to meet each other.
Dr. Peter Densen, associate dean for student affairs and curriculum at the
UI College of Medicine, said in his welcome address, Our goal is to
celebrate achievement among our students and to assure our donors we are providing
good stewardship. He added, Medical school applications are declining
nationwide, but ours at the UI are increasing. Wed like to think its
because of the quality of our program and our increasingly good facilities.
The UI College of Medicine has a $22 million fund-raising goal for student
scholarships, said Densen, adding that the cost of a medical education has
increased 70-fold over the past 50 years.
After graduation, nearly 90 percent of current students at the UI College
of Medicine will each carry more than $50,000 in debt. Average debt for UI
College of Medicine students is expected to increase to more than $116,000
in the next four years, despite the fact that the UI has one of the lowest
in-state tuition rates in the Big Ten.
Dr. Robert Kelch, dean of the College of Medicine and vice president for
statewide health services, said in his address, [Our scholarship donors]
are investing in the future of health care for the long term. Philanthropy
is increasingly important to ensure the quality of our health care workforce.
Many more endowments for medical scholarships are needed to assist UI College
of Medicine students, said Kelch.
Dr. M. Naser Payvandi, a cardiologist from Cedar Rapids who completed his
clinical training at University of Iowa Hospitals and Clinics in 1999, created
an endowed medical scholarship with his wife, Catherine, to support immigrant
students studying international issues in family medicine. The Naser and Catherine
Payvandi Medical Scholarship not only endorses the need for medical
education support, said Payvandi, but it also affirms oneness
and unity, and the need for doctors without borders in this particular time
of international turbulence. Medical students need our supportcosts
are high, and funding is unpredictable.
Craig Olson, a third-year medical student and a Beisner Scholar Award-winner,
said at the luncheon, The Beisner family believed in me enough to sponsor
my learning. Other scholarship recipients have expressed to me the emotional
support they feel as a results of their scholarships. Its not just about
help with expenses. Olson continued, Generosity begets generosity.
Ill provide for others when I have the means. Donald H. Beisner
and Judith A. Beisner of Springfield, Mo., gave $1.5 million in 1999 to the
UI College of Medicine to create four medical student scholar awards, improve
facilities and purchase medical equipment.
The UI Foundation is the preferred channel for private contributions to
all areas of the university. Foundation staff work with alumni and friends
to generate funds for scholarships, professorships, facilities improvements,
equipment purchases, research and other UI initiatives. For more information
about the UI Foundation, visit its web site at www.uiowafoundation.org.