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The Daily Princetonian

Applicants criticize aid policy

After several elite universities bolstered their financial aid packages during the past year, some Class of 2012 applicants and their families are expressing doubts about whether the University?s financial aid program can best the competition. In the past, the University has stood on the strength of its pioneering efforts to eliminate loans, but some applicants are now skeptical that the funding for middle-class families will not be sufficient, despite repeated attempts by Director of Undergraduate Financial Aid Robin Moscato to explain that Princeton provides enough aid to meet the demonstrated need of all students. Applicants lauded the University?s no-loan policy, but some expressed the desire for the University to take further steps as other schools are actively bolstering their aid programs. One applicant praised the University?s grant system, but said the overall program ?only appears to be average because many other colleges and universities are adopting similar financial aid methods.? All applicants interviewed for the article were granted anonymity because their applications to the University are still pending. ?While Princeton had the grant policies before, I think that they should respond to the other colleges? boosts in financial aid so that they can be even more appealing to students,? another applicant agreed. In light of Stanford?s financial aid reform that eliminated tuition for families with annual incomes below $100,000, Moscato maintained that Princeton?s financial aid packages are still competitive. Though the University does not set fixed income brackets for aid packages, the administration?s letter to the Senate Finance Committee last week reported that members of the Class of 2011 with annual family incomes below $75,000 received grants that on average covered nearly all tuition and room and board costs. Those with family incomes between $75,000 and $100,000 paid an average of $10,180, or $800 short of the full cost of room and board.

NEWS | 03/03/2008

The Daily Princetonian

Digital scavenger hunt wins business plan competition

Most scavenger hunts involve small prizes and bragging rights, but Seth Priebatsch ?11?s idea for a virtual text-messaging scavenger hunt earned him a $5,000 check. Priebatsch?s team SCVNGR, whose name mimics text-messaging style for the word ?scavenger,? won $5,000 and first place in the TigerLaunch Business Plan Competition, in which 15 teams comprising up to four students submitted business plans for review by a panel of judges with backgrounds in entrepreneurship. ?I was excited, but there was still a lot more work to do.

NEWS | 03/03/2008

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The Daily Princetonian

Tory rumor of Malkiel's firing proven false

Following categorical denials by University officials, the Princeton Tory has officially apologized for a post on its blog alleging that Dean of the College Nancy Malkiel?s appointment had not been renewed by the executive committee of the University Board of Trustees.?We recognize how frustrating and insulting it must have been for Dean Malkiel to have heard of this false report, and we cannot apologize enough for this unfortunate incident,? Joel Alicea ?10, current publisher of the Tory, wrote in an explanation on the Tory?s blog.The author of the original post, Matt Schmitz ?08, did not have the authorization of the conservative student publication?s current leadership to write the post, Alicea said in an interview with The Daily Princetonian.Alicea succeeded Schmitz as the publisher of the Tory in February.Schmitz posted on the blog again after it was clear that his information was false, deleting his first statement and replacing it with one saying that ?the Tory?s sources, who declined to be named, are now unable to stand by their claim that Dean Malkiel?s employment was not renewed.?Alicea decided an official explanation to the campus community was also necessary.

NEWS | 03/02/2008

The Daily Princetonian

Panelists detail life in fashion business

One of the worst mistakes one can make in applying to a job at a fashion magazine could be sending in a 20-page cover letter, said Jeff Gordinier ?88, editor-at-large at Details, a men?s magazine.Gordinier received such a letter on Friday, and instead of taking it seriously ?the editors were just passing it around ... and mocking it,? he said, cautioning anyone against repeating that mistake.Gordinier was a part of a two-person panel discussion on Friday night entitled ?ShopTalk: A Dinner Discussion with Fashion Magazine Insiders.?The discussion was held at The Underground Cafe and Restaurant and also featured Amy Preiser, a senior at New York University and intern at New York Magazine.

NEWS | 03/02/2008

The Daily Princetonian

Weinstein ’09 expands USG

After creating more than 50 new USG positions, expanding the webmail quota by 824 MB and launching a new website during the first 25 days of his administration, USG president Josh Weinstein ?09 isn?t done planning. When he took office as president, Weinstein had an agenda for the USG that included a ?wide spectrum of interaction with the administration,? he said. To kick off his term, Weinstein compiled about 600 ideas brainstormed by USG committees and by undergraduates as potential USG projects, focusing on ideas that are ?feasible within the realm of this year,? USG vice president Mike Wang ?10 said.

NEWS | 02/28/2008

The Daily Princetonian

A King comes to campus

King Abdullah II of Jordan issued a challenge to the scholars of the Wilson School to work toward the end of the 60-year-old conflict between Palestine and Israel and suggested that a new Palestinian state may be the best way to reach peace in a speech sponsored by the Wilson School in Richardson Auditorium on Friday afternoon.

NEWS | 02/28/2008

The Daily Princetonian

Students join effort for orphans

Jim Luce once chased the ?almighty dollar? on Wall Street. He still chases it today around the globe in countries such as Haiti, Sri Lanka and Indonesia.But this time it?s for the kids.Luce, who adopted a son from Indonesia 14 years ago, said he was inspired to start Orphans International Worldwide (OIWW) in 1999 when he was shocked by disadvantaged children he saw while traveling around the world, some of whom used mud and grease to make cookies.OIWW, an international nonprofit organization, builds 40-acre campuses in underdeveloped countries consisting of facilities such as schools, playgrounds and medical clinics.At a dinner discussion in Forbes College on Feb.

NEWS | 02/28/2008

The Daily Princetonian

Searchinger: Biofuels can come with carbon cost

Despite the House of Representatives? passage of a bill Wednesday increasing taxes on oil companies to fund the development of renewable energy, prioritizing the use of certain sources of renewable energy is still under debate. A team of researchers, including Wilson School visiting scholar Timothy Searchinger, released a study earlier this month that suggests biofuels should not top the list.Though many believe that biofuels such as ethanol represent the most environmentally friendly energy resource, Searchinger?s team?s research indicates that biofuels come with heavier costs than once expected.

NEWS | 02/28/2008