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B Y T H E N U M B E R S Students from differing economic backgroundsFrom the beginning, Princeton has welcomed students from differing economic backgrounds: James Leslie, a member of the class of 1759, attended Princeton with the help of a gift of 13 British pounds from a "Fund for Pious Youth.'' After graduation, he became a school teacher in New York City. When he died in 1792, he left his frugally guarded savings to the College as a perpetual fund "for the education of poor and pious youth.'' In grateful recognition, President John Witherspoon designated this fund "The Leslie Fund'' and it is now part of the University's endowment. The University's 2002-03 scholarship budget is $48.3 million. A total of 89 percent of the scholarship funds come from University sources: $38.5 million from endowed scholarships; $3.3 million from general funds; and $1.1 million from annual gifts to the scholarship program. Of the remaining amount, 5.5 percent or $2.7 million is provided by government sources and 5.5 percent or $2.7 million is provided by outside organizations. Since the University began making recent improvements in its financial aid program, the percentage of the freshman class on aid has increased from 38 percent of the class of 2001 to 51 percent of the class of 2006. The University today admits all students on a "need-blind" basis, making Princeton one of only five institutions that admits domestic and foreign students without regard to their financial circumstances. Sources: "A Princeton Companion" by Alexander Leitch and Office of Undergraduate Financial Aid. top |
May 5, 2003 Contents Page one Inside People Sections The Bulletin is published weekly during the academic year, except during University breaks and exam weeks, by the Office of Communications. Second class postage paid at Princeton. Postmaster: Send address changes to Princeton Weekly Bulletin, Office of Communications, Princeton University, 22 Chambers St., Suite 201, Princeton, NJ 08542. Permission is given to adapt, reprint or excerpt material from the Bulletin for use in other media. Subscriptions. The Bulletin is distributed free to faculty, staff and students. Others may subscribe to the Bulletin for $28 for the academic year (half price for current Princeton parents and people over 65). Send a check to Office of Communications, Princeton University, 22 Chambers St., Suite 201, Princeton, NJ 08542. Deadline. In general, the copy deadline for each issue is the Friday 10 days in advance of the Monday cover date. The deadline for the Bulletin that covers May 19-June 1 is Friday, May 9. A complete publication schedule is available at deadlines or by calling (609) 258-3601. Editor: Ruth Stevens Calendar editor: Carolyn Geller Staff writers: Jennifer Greenstein Altmann, Steven Schultz Contributing writers: Patricia Allen, Karin Dienst, Jerry Price, Eric Quinones Photographer: Denise Applewhite Design: Mahlon Lovett, Laurel Masten Cantor, Margaret Westergaard Web edition: Mahlon Lovett |