After 18 months of intense analysis and serious opposition, Cooper Union will begin charging undergraduate tuition for the first time.
Faced with a $12 million annual budget deficit, the Board of Trustees voted last week to reduce the full-tuition scholarship to 50-percent for all undergraduates admitted to the institution beginning with the class entering in the fall of 2014. “The time has come to set our institution on a path that will enable it to survive and thrive well into the future,” said board chairman Mark Epstein in an announcement to students and faculty members in the college’s Great Hall. “Under the new policy, the Cooper Union will continue to adhere to the vision of Peter Cooper, who founded the institution specifically to provide a quality education to those who might not otherwise be able to afford it.” None of the 900 current undergraduates would be affected but those considering enrolling in the fall of 2014 and beyond could pay $19,275 a semester.
After the speech, opponents of the decision gathered outside the Great Hall and staged what they called a walkout, arguing that any tuition would alter the essential character of the prestigious school.
Since its founding in 1999, Scholarships.com has had one goal: to help students find money for college. More than a decade later, Scholarships.com is recognized by high schools, colleges and universities nationwide and remains a trusted option for students and parents navigating the college and financial aid processes. To obtain more information, order free materials or create a profile, visit www.scholarships.com.
Phone: 847-432-1700 x 111
Latest College & Financial Aid News
August 20, 2019
Female-only college and university STEM programs are coming under fire for male discrimination as they attempt to "redress gender imbalance" in fields such as computer science and engineering. The U.S. Department of Education launched more than two dozen investigations into higher education institutions nationwide - including UC Berkeley, UCLA and USC as well as Yale, Princeton and Rice - which offer female-only scholarships, awards and professional development workshops. [...]
August 15, 2019
In his book "The Assault on American Excellence," author and former dean of Yale Law School Anthony Kronman is highly critical of American colleges, particularly when it comes to issues of affirmative action, the renaming of buildings that honored those who embraced slavery, and political correctness. [...]
August 6, 2019
A U.S. Federal Judge paved way for the Education Department to halt usage of private debt collectors and overhaul the existing federal student loan program by consolidating loan servicing and default collection efforts. [...]