Yeshiva University to Spend $753, 825 for 2, 680 Scholarships

Yeshiva University will spend a record total of $755,825 during the 1957-58 academic year to provide scholarship aid for 84 percent of its student body, Dr. Samuel Belkin, president, announced today. He revealed that 2, 680 students are receiving tuition, dormitory and maintenance scholarships. He pointed out that the scholarship assistance program represents more than 25 percent of the institution’s maintenance budget of $3, 000, 000.

Dr. Belkin stressed that Yeshiva University, in addition to training young people for positions of civic responsibility, is the largest institution in the world preparing personnel for positions of leadership in Jewish communities as rabbis, teachers, community executives and social workers. He said that 1,700 students will receive financial assistance towards their tuition either as full or partial scholarships. The total cost to the University of tuition scholarships amounts to $604, 382. In addition to tuition scholar ships, students will be receiving dormitory scholarships amounting to $80,825. Maintenance aid in the form of weekly allotments for food and other sundries will cost $68, 618.

“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, “Dr. Belkin stated. He said that while the in creased number of corporate sponsored scholarships has been encouraging, “these are too few and far between to make a significant dent” in any institution’s scholarship program. “Only a broader increase in industry and individual-sponsored scholarships, particularly of an unrestricted nature, will really prove beneficial to institutions of higher learning, he assented