NEW YORK (Nov. 24)
Yeshiva University will spend $448,700 during the academic year 1955-56 to provide scholarships for 1,549 students or 75 percent of its undergraduate enrollment, Dr. Samuel Belkin, president, announced today. The financial aid is being allocated in the form of tuition, dormitory and maintenance scholarships for residents of 24 states, the District of Columbia and 17 foreign countries.
He disclosed that 1,277 students will be receiving financial assistance towards their tuition either as full or partial scholarships. “Foreign students especially, of which there are some 100 at Yeshiva University, are unable to pay their way,” he pointed out. The total cost to the University of tuition scholarships amounts to $373,700. In this area alone, Yeshiva University will expend an average of some $293 per student.
In addition to tuition scholarships, 149 students out of a total bed capacity of 424 will be receiving dormitory scholarships amounting to $20,000. Maintenance aid, in the form of weekly allotments for food and other sundries, will benefit 129 students at a cost of $55,000. Dr. Belkin declared that although the University has made a concerted effort to limit student aid in view of rising expenses, the total cost of scholarship aid is now at its highest peak in the institution’s history.