Senior Students at NYC’s Cooper Union College to Graduate Tuition-Free

Seniors at The Cooper Union, a college in New York City, will graduate tuition-free thanks to multi-million dollar donations from a group of alumni, the school said on Sept. 3.
Current seniors who made payments for the fall semester will receive refunds from school and will pay no tuition for the spring semester, the school said.
First-year, second-year, and third-year students will also receive full-tuition scholarships in their senior years, as the tuition-free initiative will run for the next four years.
The announcement was made possible this summer when an unnamed alumnus made an unspecified amount to the tuition-free fund, according to the press release.
Then, George Reeves, a 1964 alumnus of Cooper Union’s Albert Nerken School of Engineering, along with his wife and business partner, Ross Wisnewski, pledged a new commitment to the fund, on top of the $4 million grant they had previously made in 2021.
John Manuck, a 1969 graduate of the School of Engineering, and his wife, Mary, also pledged a “new gift” to the fund, in addition to a $3 million grant made in 2023, the school said.
In total, the three alumni donors contributed nearly an additional $6 million on top of their prior donations.
Those commitments, along with existing Cooper scholarships and other grants available to students, made it possible for the seniors to graduate tuition-free, according to the press release.
Under the 2018 plan, the college set out a 10-year timeline to increase savings, slash expenses, and boost fundraising to provide full-tuition scholarships for every undergraduate student.
To date, more than $114 million in new funds have been raised, and more than half of the student body attends tuition-free, the school said.
“In 2018, we began an ambitious journey to provide full-tuition scholarships for all of our undergraduate students,” said Sparks. “The response to our plan and the dedication of Cooper Union alumni and New York City funders have been tremendous.”
“Thanks to the generosity of three extraordinary alumni donors, we are removing a major financial burden for our graduating classes and reaffirming the ideals that have been foundational to this institution since Peter Cooper opened its doors in 1859,” Sparks said.