Cooper Union to return to tuition-free model

2015-09-02T13:25:00-04:00

The Committee to Save Cooper Union (CSCU) has successfully convinced Cooper Union's Board of Trustees to reconsider their decision to charge tuition to ease the institution's financial crisis, a move that would have upended a 150-year tradition of free scholarships. Along with Attorney General Eric T. Schneiderman of the New York Attorney General's Office and the CSCU, Cooper Union signed a Consent Decree that will, in the words of the CSCU, "enable Cooper Union to find a practical path back to its full scholarship model; give alumni, students, faculty, and staff a powerful role in Cooper’s governance; institute strict oversight of the school’s progress toward its goals; spur a serious effort to balance its budget; and reform its governance." The CSCU has correspondingly settled its lawsuit against Cooper Union.

The Attorney General's Office has also filed a cy pres petition, which attributes the Attorney General's intervention in the matter to a need "to safeguard Peter Cooper's irr...

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Cooper Union to return to tuition-free model