$100M UCLA medical school gift for scholarships
The money covers tuition, housing, food, books and other expenses so the incoming students finish medical school without a huge debt. A UCLA medical school education runs about $300,000.
UCLA formally announces the Geffen gift on Thursday.
The 69-year-old Geffen joined Steven Spielberg and Jeffrey Katzenberg in forming the DreamWorks SKG film company in 1994. Geffen is the largest individual donor to any UC campus.
Ten years ago, he donated $200 million in unrestricted funds to the UCLA medical school.