Former New York City Mayor Michael Bloomberg announced he is donating $1.8 billion to his former school, Johns Hopkins University on Sunday. Bloomberg said he is doing so to increase financial aid for low- and middle-income students at the university in Baltimore, Maryland. The Chronicle of Higher Education says it is the largest financial gift ever to any education institution in the world. The largest donation to higher education had been a gift from the Bill & Melinda Gates Foundation. In 1999, the private organization launched the Gates Millennium Scholars program with a $1 billion commitment over 20 years. The next largest donation listed went to Vedanta University in Konark, India. The Anil Agarwal Foundation spent about $1 billion to help establish the school in 2006. Johns Hopkins representatives said the gift will make it possible for the school to remove student loans as part of its financial aid offerings starting next fall.
Title: Former New York Mayor Gives $1.8 Billion to Johns Hopkins University
Content: <div id='article-page'><div id='article-content' data-media-url='//news-app-staging.s3.amazonaws.com' data-base-url='//news-app-staging.herokuapp.com' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2974/b4886593-bf96-4d5c-a877-ee8fcf3afe2f_hq.wav' data-capture-url='//staging.analytics.lingraphica.com/events/capture_news' data-article-title='Former New York Mayor Gives $1.8 Billion to Johns Hopkins University' data-article-id='3517'><script src='//news-app-staging.herokuapp.com/javascripts/getscripts.js'></script><link rel='stylesheet' href='//news-app-staging.herokuapp.com/stylesheets/article.css' type='text/css' /><div class='article'><p><span data-start-time='0' data-end-time='13458'>Former New York City Mayor Michael Bloomberg announced he is donating $1.8 billion to his former school, Johns Hopkins University on Sunday.</span> <span data-start-time='13458' data-end-time='25021'>Bloomberg said he is doing so to increase financial aid for low- and middle-income students at the university in Baltimore, Maryland.</span> <span data-start-time='25021' data-end-time='36104'>The Chronicle of Higher Education says it is the largest financial gift ever to any education institution in the world.</span> <span data-start-time='36104' data-end-time='44250'>The largest donation to higher education had been a gift from the Bill & Melinda Gates Foundation.</span> <span data-start-time='44250' data-end-time='56083'>In 1999, the private organization launched the Gates Millennium Scholars program with a $1 billion commitment over 20 years.</span> <span data-start-time='56083' data-end-time='62938'>The next largest donation listed went to Vedanta University in Konark, India.</span> <span data-start-time='62938' data-end-time='72500'>The Anil Agarwal Foundation spent about $1 billion to help establish the school in 2006.</span> <span data-start-time='72500' data-end-time='85896'>Johns Hopkins representatives said the gift will make it possible for the school to remove student loans as part of its financial aid offerings starting next fall.</span> </p></div><div class='control-buttons-sticky' style='display:none;'><div class='control-buttons'><button title='Back' class='back' disabled='disabled'></button><button title='Play' class='play' disabled='disabled'></button><button title='Pause' class='pause' style='display:none;'></button><button title='Forward' class='forward' disabled='disabled'></button><button class='finished-reading' style='display:none;'>Done</button></div></div></div><div id='article-media'><div id='media-image'><img src='https://news-app-production.s3.amazonaws.com/articles/2974/CDD103AB-501A-443B-95BA-19BC34FD7C4A_w1023_r1_s.jpg'/></div></div><div id='question-content' style='display:none;'><div class='vocabulary_question question-container' data-question-id=11962 data-hint-location='13458' style='display:none;'><div class='question' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2974/what_is_income.wav'>What is income?</div><div class='choices' data-correct-choice='money that is earned from work, investments, business'><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2974/new_tires.wav'><span>new tires</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2974/money_that_is_earned_from_work_investments_business.wav'><span>money that is earned from work, investments, business</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2974/money_that_is_given_for_free.wav'><span>money that is given for free</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2974/money_that_is_taken_away_from_someone.wav'><span>money that is taken away from someone</span></div></div></div><div class='multiple_choice_question question-container' data-question-id=11963 data-hint-location='56083' style='display:none;'><div class='question' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2974/the_next_largest_what_listed_went_to_vedanta_university_in_konark_india.wav'>The next largest what listed went to Vedanta University in Konark, India?</div><div class='choices' data-correct-choice='donation'><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2974/discussion.wav'><span>discussion</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2974/donation.wav'><span>donation</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2974/medal.wav'><span>medal</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2974/parade.wav'><span>parade</span></div></div></div><div class='sentence_completion_question question-container' data-question-id=11964 data-hint-location='62938' style='display:none;'><div class='question' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2974/the_anil_agarwal_foundation_spent_about_1_billion_to_help_establish_the__blank__in_2006.wav'>The Anil Agarwal Foundation spent about $1 billion to help establish the <span class='blank'>school</span> in 2006.</div><div class='choices' data-correct-choice='school'><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2974/town.wav'><span>town</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2974/music.wav'><span>music</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2974/streets.wav'><span>streets</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2974/school.wav'><span>school</span></div></div></div><div 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