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With a tuition fee of $225, and with a normal per student cost of operating of $1180, the Medical School offers a situation unique in the financial affairs of the University. Its income from endowments amounting in 1917-18 to $383,785, largely making up for the difference between the tuition fee and the actual cost of instruction, is pointed out by the Harvard Endowment Fund Committee as a significant object lesson to the 36,000 living graduates, undergraduates and former members of the University. It is evident, says the committee, that the University has to thank endowments for the fact that Harvard's Medical School holds such a leading place in the country's best schools of medicine and surgery.
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