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LECOM Launches Scholarship Drive For Students

Monday, 06 July 2020

Campaign Temporary Substitute For Erie, Bradenton Auctions

ERIE, Pa. — Officials with the Lake Erie College of Osteopathic Medicine (LECOM) today announced the LECOM Student Scholarship Fund Drive 2020, a fundraising effort to strengthen the school’s Student Scholarship Fund and assist next-generation physicians, pharmacists and dentists in offsetting the financial burden of medical school.

The LECOM Student Scholarship Fund Drive 2020 is comprised of a series of philanthropic efforts that give donors a variety of ways to contribute to the LECOM Student Scholarship Fund, including:

  • Erie Gives: This annual, one-day effort by the Erie Community Foundation has raised more than $350,000 for the LECOM Student Scholarship Fund since 2013. By contributing through Erie Gives on Aug. 11, donors can double their impact as LECOM qualifies for a prorated match, thanks to the generosity of the local business community;
  • LECOM Finish Line for the Front Line Virtual 5K: Through the virtual format of this 5K, participants can complete the 3.1-mile race distance anywhere by a method of their choosing through July 31;
  • 16th Annual LECOM Health Golf Scholarship Classic: Hosted annually by Millcreek Community Hospital, this year’s golf scramble will be Sept. 3 at Lake Shore Country Club, Erie. Proceeds from sponsorships and team registrations go to the LECOM Student Scholarship Fund;
  • AmazonSmile: When a customer selects LECOM as the preferred charity at amazon.com, Amazon will automatically donate 0.5% of the purchase price of eligible purchases to the LECOM Student Scholarship Fund.

Details on these and other LECOM fundraising efforts will be available at lecom.edu/alumni and on the school’s social media pages. This year’s LECOM Student Scholarship Fund Drive 2020 replaces the college’s two largest fundraisers, gala-style auctions held each fall in Erie and Bradenton, Florida. Those events have been postponed due to the fluidity of the COVID-19 pandemic and will return in 2021; the Erie auction is slated for Nov. 13, 2021, at the Bayfront Convention Center, Erie, and the Bradenton event will be Oct. 16, 2021, at the Hyatt Regency Sarasota in Sarasota, Florida.

“The onset of the Coronavirus earlier this year has underscored what we have known for a long time – there is a critical need for well-trained medical professionals capable and ready to deliver quality healthcare to patients and communities around the world,” said John M. Ferretti, D.O., LECOM president and CEO. “LECOM has played a key role in training next-generation physicians, pharmacists and dentists for nearly three decades, and the LECOM Student Scholarship Fund has helped many of those students become leaders in 21st century health care. The LECOM Student Scholarship Fund Drive 2020 will enable a new crop of aspiring medical professionals to receive a world-class education and the necessary training to emerge as the healthcare providers of tomorrow.”

While LECOM consistently maintains one of the lowest tuitions among private U.S. medical colleges, many students graduate with a considerable amount of debt, often in excess of $190,000. To that end, the school established the LECOM Student Scholarship Fund. Each year the fund distributes more than $4 million to deserving students across its four campuses; since 1994, the school has awarded more than $37 million in scholarships, including $20 million over the last five years alone.

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