For many of us, going to a top university has always been out of the question; it’s just affordable.

Now, philanthropist Michael Bloomberg has made a huge contribution that is going to change that for students at least one university: Johns Hopkins University.

Bloomberg is making available $1.8 billion worth of scholarships and financial aid so that budding students can study at this highly respected university, regardless of their financial situation or if they don’t come from a wealthy family.

I’m giving $1.8 billion to @JohnsHopkins for financial aid so admissions can be permanently need blind. I want to open the same door of opportunity that I had for generations of talented students, regardless of financial circumstances. https://t.co/zgyD7jDGfI

— Mike Bloomberg (@MikeBloomberg) November 18, 2018

According the Bloomberg’s article published today in the New York Times, the result of his generous donation for financial aid and scholarships is that JHU will never again be using financial circumstances as part of admission decisions for students; otherwise known as “needs-blind”. This opens up opportunities for studying at JHU to anyone with the academic ability and the will.