Dr. Ruth Gottesman donates $1 billion from David Gottesman's fortune to Albert Einstein College of Medicine.

The historic donation makes the medical school tuition-free for all students starting in August.

This initiative aims to attract a more talented and diverse student body by removing financial barriers.

The gift, honoring her late husband, stipulates the school's name remain unchanged.

Einstein, located in New York's poorest borough, will relieve students of tuition costs exceeding $59,000 per year.

The donation aligns Einstein with NYU's Grossman School of Medicine as one of the few tuition-free medical schools in the US.

Current students will receive refunds for the upcoming semester, and future students will incur no tuition costs.