Kostic Family funds scholarship at CMSRUJune 26, 2012
The Kostic Family of Delran has committed $80,000 to establish the John E. Kostic Memorial Foundation Scholarship Fund at Cooper Medical School of Rowan University (CMSRU).
The gift will support one $20,000 scholarship annually for four years for a New Jersey student who demonstrates financial need to attend Cooper Medical School of Rowan University.
Created through the John E. Kostic Memorial Foundation, the scholarship honors the legacy of John E. Kostic. The foundation that bears his name seeks opportunities to impact the lives of young people in New Jersey and the region.
“The idea of the foundation is to give back to the community and to ‘do good’ in John’s name,” explained Eileen Kostic, John’s mother and president of the John E. Kostic Memorial Foundation’s Board of Directors. “This gift recognizes the need for more doctors in South Jersey and celebrates the passion John had for math and science.”
“John received treatment for his juvenile diabetes at Cooper throughout his lifetime. Our daughter, Emily, went to Rowan and loved her experience there. The pairing of Rowan and Cooper for the Medical School seemed like a perfect fit and was the perfect opportunity to provide scholarships to aspiring doctors who need financial assistance.”
Emily Kostic earned a B.A. in journalism from Rowan’s College of Communication in 2010.
“Support for scholarships increases the likelihood that New Jersey students will stay in the region to attend medical school and ultimately practice and become the kind of providers we desperately need,” said Founding Dean Paul Katz, MD. “We are thankful for the Kostic Family’s generosity and their willingness to not only benefit a deserving student but also those patients the CMSRU graduate will care for.”
CMSRU is the first four-year allopathic medical school in 30 years in New Jersey and the first ever in South Jersey. The medical school’s charter class of 50 students will begin studies in August.
The gift from the Kostic Family is the latest for CMSRU as it continues to attract private support from individuals who believe in the medical school’s mission to provide a humanistic education for medical school students in which inclusivity, excellence in patient care, innovative teaching, research and service to the community are valued.
“Gifts to CMSRU give donors the chance to make a difference in the future of medicine and healthcare in South Jersey and the region,” said Rowan President Dr. Ali A. Houshmand. “The investment of our alumni and friends continues to improve people’s lives and contribute to the value of a Rowan education.”
For information about giving to CMSRU, visit www.rufoundation.org and the CMSRU website at www.rowan.edu/coopermed.
About the John E. Kostic Memorial Foundation
The John E. Kostic Memorial Foundation is a 501(c)3 nonprofit organization that works to improve the lives of young people in New Jersey and the surrounding areas. Currently it is among the largest diabetes scholarship organizations in New Jersey.
The primary mission of the Foundation is to foster scholarships, hospital enrichment programs and community support programs that effectively meet the needs of today’s vulnerable children and families. In pursuit of this goal, the Foundation makes grants that help states, cities and neighborhoods fashion more innovative, cost-effective responses to these needs.
For more information about the John E. Kostic Memorial Foundation, visit http://johnekostic.org.