Attorney General Eric T. Schneiderman, The Cooper Union for the Advancement of Science and Art, and the Committee to Save Cooper Union (CSCU) recently announced a new settlement agreement regarding the current investigation and lawsuit of Cooper Union.

The attorney general has been investigating the financial concerns of Cooper Union, and this agreement end the litigation from CSCU, as the committee tried to reinstate Cooper Union’s historic free-tuition policy.

“Thanks to the tireless dedication of an extensive network of alumni, faculty, students and supporters, the Committee to Save Cooper Union was able to mount a highly effective legal battle to protect the mission of The Cooper Union,” said Adrian Jovanovic, president and co-founder of CSCU. “This settlement implements significant reforms and creates a path to restoring Peter Cooper’s vision of education ‘open and free to all.’

"We would like to thank Attorney General Eric Schneiderman and his staff for their critical role in investigating the fiscal mismanagement of previous presidents and board members that the CSCU lawsuit illuminated, and for helping all parties reach this milestone. It’s a major step forward but we will need the continued help of our supporters and others who believe in Peter Cooper’s vision to see this through.”

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