New York, NY — Today, during the second day of the 41stAnnual NYU International Hospitality Industry Investment Conference, which is hosted by the NYU School of Professional Studies Jonathan M. Tisch Center of Hospitality at the Marriot Marquis in New York City, Nicolas Graf, associate dean of the Tisch Center, announced a universal scholarship program for all new graduate students entering the Center’s MS in Hospitality Industry Studies, MS in Tourism Management, and MS in Event Management degree programs.

Beginning in Fall 2019, scholarships of $10,000, will be awarded to every new student enrolled into these three graduate programs. This initiative is being financed through industry members who sponsor the NYU International Hospitality Industry Investment Conference each year and an endowment that was created with funds directly contributed by them. Total scholarship money awarded in the first years is expected to range from $600,000 up to $1,000,000, depending upon enrollment, and is expected to grow over time. Additional need- and merit-based scholarships will remain in place for students who qualify.

Easing the burden of paying full tuition rates will allow students to graduate faster because there will be less of a need to work part-time to pay tuition costs. The scholarships also will lessen dropout rates due to financial issues, will allow students to expand their career choices rather than having to focus solely on career paths that will pay off tuition-related financial debt, and will ultimately enhance student success by allowing them to concentrate on what matters most—their studies.

“In its mission to educate future leaders in the hotel, travel, tourism, and event management space, the NYUSPS Tisch Center of Hospitality recognizes the need to make higher education of this caliber accessible and affordable to students pursuing a degree in our graduate programs,” noted Associate Dean Graf. “With NYU’s commitment to affordability, this new scholarship will help each and every Tisch Center graduate student to defray the cost of his/her education. We are deeply grateful to the sponsors of the NYU International Hospitality Industry Investment Conference for making this incredible financial resource available to our students. This program is truly a reflection of the Tisch Center’s mission to provide access and opportunity for those seeking to pursue a career in these emerging and growing fields,” he concluded.

About the Jonathan M. Tisch Center of Hospitality

The NYU School of Professional Studies Jonathan M. Tisch Center of Hospitality, now celebrating 24 years of academic excellence, is a leading center for the study of hospitality, travel, and tourism. Founded in 1995, the Tisch Center was established in response to the growing need for hospitality and tourism undergraduate and graduate education. Its cutting-edge curricula attract bright, motivated students who seek to become leaders in their fields.

Through its undergraduate degree in hotel and tourism management, its graduate degrees in hospitality industry studies, tourism management, and event management; a plethora of Professional Pathways programs; and its world-renowned hospitality investment conference, students gain the knowledge and the skill sets that enable them to manage change, to communicate, to thrive in complex work environments, and to advance the businesses of hospitality, travel, and tourism. For more information about the NYUSPS Jonathan M. Tisch Center of Hospitality, visit sps.nyu.edu/tisch

 

About the NYU School of Professional Studies

Established in 1934, the NYU School of Professional Studies (NYUSPS) is one of NYU’s several degree-granting schools and colleges—each with a unique academic profile. The reputation of NYUSPS arises from its place as the NYU home for industry-focused education and applied research that is related to key knowledge-based fields, in which the New York region leads globally. This is manifest in the School’s diverse graduate, undergraduate, and Professional Pathways programs that span a broad range of disciplines including: Accounting, Finance, and Law; Applied Health; Arts, Design, and Film, and TV; Economic and Urban Development; English Language Learning; Entrepreneurship; Fundraising and Grantmaking; Global Affairs; Global Security, Conflict, and Cybercrime; Event Management; Hospitality, Travel, and Tourism Management; Humanities; Human Capital Analytics and Technology; Human Resource Management and Development; Languages; Management and Systems; Marketing; Professional Writing; Project Management; Public Relations and Corporate Communication; Publishing; Real Estate, Real Estate Development, and Construction Management; Global Sport; Sports Business; and Translation.

More than 80 distinguished full-time faculty members collaborate with an exceptional cadre of practitioner/adjunct faculty members and lecturers to create a vibrant professional and academic environment that educates nearly 5,400 degree-seeking students from around the globe each year. In addition, the School fulfills the recurrent professional education needs of local, national, and international economies, as evidenced by over 18,000 Professional Pathways enrollments in Career Advancement Courses, Certificates, and Diploma Programs. The School’s community is enriched by nearly 25,000 degree-holding alumni worldwide, many of whom serve as mentors, guest speakers, and advisory board members. For more information about the NYU School of Professional Studies, visit sps.nyu.edu.