macaulay honors essay due date

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The Macaulay (CUNY) Application for admission to the Class of 2029 will open on September 1, 2024. For application details and essay topics please visit Applying to Macaulay .

The Macaulay Honors College application is designed to provide information about each applicant's academic record and preparation for a rigorous intellectual college experience. The admissions committee uses a holistic approach to evaluate applicant qualifications.

CUNY is Test-Optional

CUNY has extended its testing policy to test optional through spring 2027. First-year applicants can choose whether to submit SAT or ACT exam scores as part of their application.

Macaulay Honors College at the College of Staten Island

• 9/1/24  Application live
• 11/16/24  Application deadline by 6:00 pm
• 11/28/24  All supporting documents due by 6:00 pm (hard deadline)
• 3/15/25  Decision day
• 5/1/25  Commitment day

Please note :  After completing the application, print out the application summary package.  It contains important documents and provides you with a printed record of your submission. The Macaulay Honors College application serves as both your general freshman application and your Macaulay honors application.  If you encounter technical issues with the application, please contact the HelpDesk at  [email protected] .

For additional information or assistance with the application process, please contact Ms. Michelle Buonacore-Artz , Deputy Director of Recruitment & Admissions.

The Macaulay Honors College provides generous financial support so that University Scholars can both maximize the time they spend on their education and take full advantage of the professional development opportunities our program offers. The Macaulay Honors College four-year, financial aid package includes:

• Full tuition scholarship for New York State residents
• Access to a Macaulay Honors College Opportunities Fund that supports academically enriching experiences like study abroad and unpaid internships
• A Cultural Passport to participating NYC cultural institutions for free or significantly discounted admission

All students who are admitted to the Macaulay Honors College must complete a Free Application for Federal Student Aid (FAFSA) form and remain in academic good standing. New York State residents must also file TAP (Tuition Assistance Program) applications. Both forms must be completed on an annual basis prior to the start of each academic year. Applicants may also log onto the FAFSA Web site at  www.fafsa.edu.gov  where FAFSA forms may be filed on-line; or call 1-800-4-FEDAID.

Macaulay CSI Admissions and Recruitment Events

Save the date, macaulay csi fall open house sunday, september 29 from 1pm - 4pm csi center for the arts - 1p.

Online Registration will open in August 2024

Macaulay CSI Virtual Information Session

Additional CSI Information Sessions

Take a virtual tour of the College of Staten Island campus, learn about selected majors, and/or make an appointment to attend a personalized information session with a campus recruitment representative:

• In-Person Campus Tours and Personalized Virtual Information Sessions
• Virtual Tour of Campus
• Recorded Information Sessions for selected Departments and Majors

For more detailed information about CSI and its Macaulay Honors Program, contact us at (718) 982-2222 or  [email protected] .  Applicants may also contact CSI's Admissions Office by email at  [email protected]  or by telephone at (718) 982-2010.

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The Science Survey

Everything you need to know about applying to macaulay honors.

Eric Dayts, a college senior at Macaulay Hunter, gives insight on the selection process at Macaulay Honors and how he interviews applicants.

Raisa Barshai , Staff Reporter | November 17, 2021

Here is the Class of 2022 at Macaulay Honors College at Hunter. “When applying to Macaulay, I ultimately decided on Hunter College as my school of choice, partly because I could see the diversity among the students in the class photos,” said Eric Dayts.

The prospect of a debt free college experience seems like a myth to most Americans, yet at Macaulay Honors, it has become a reality. New York City is one of the largest cities in the world and home to some of America’s top colleges and universities. Macaulay Honors gives students a chance to receive a high quality education with free tuition, while also receiving specialized care and attention from faculty. 

Because of Macaulay’s prestige and the limited number of seats available, it has a record low acceptance rate of 5% as of 2021. Macaulay Honors has consistently received the highest ratings for a public university honors college, and their students have received over 250 prestigious awards. There are 8 CUNY schools to choose from when applying to the Macaulay Honors program, all offering different majors. Hunter College is one of the most popular colleges to study at among Macaulay students, as it has a wide variety of majors and a beautiful campus located right outside of Gramercy Park in Manhattan. Hunter College is also known for its excellent dormitories and its status as a liberal arts school. 

Eric Dayts is now a senior at Macaulay Hunter College on the Pre-med track, and he is also both a freshman mentor and a student interviewer. Dayts came into Macaulay Hunter undecided for his major, but eventually chose to major in Biochemistry. He said that Macaulay Honors in general is very flexible in terms of a student being able to change majors, so he was able to explore his interests and change majors with ease. Applicants who are undecided do not have to worry about choosing a major right away, as Macaulay Honors will give you the opportunity to explore your interests once you get there. 

Dayts has received numerous opportunities through Macaulay’s mentorship program, including lab work, early acceptance to the University of Rochester’s Medical school, and having the MCAT requirement waived. His mentor from his freshman year helped him tremendously in navigating through Macaulay Hunter College and connecting him with labs and internships, as well as giving advice about going to med school. Dayts is a freshman mentor himself now, as well as a student interviewer. 

“The advisors at Macaulay are very adamant about your success, and the peer mentor systems help make the school a strong and supportive environment,” Dayts said.

As a student interviewer, Dayts has talked to many talented applicants, and he is responsible for giving admissions officers information about the students whom he thinks are “the future leaders of New York.” Macaulay Honors, and Hunter College specifically, takes interviews very seriously as part of their holistic review process. Macaulay wants applicants to show their interests, extracurriculars, and genuine self when interviewing, so the admissions officers know how you would fit into their community. Interviewer’s opinions on applicants are considered heavily, so making a good impression in the interview increases your chances of getting accepted. CUNY schools also do not review SAT/ACT scores at all anymore, so everyone has a chance to apply and to get a spot at the school without worrying about standardized test scores. 

“I would say that each part of your application is reviewed equally. One third of the weight is on your academic transcript, your essays are one third, and your interview is one third. Each aspect of your application is reviewed in a way that places an emphasis on who you are as a person, which is why we place so much emphasis on what you say in your interview and supplemental essays,” explained Dayts.

Dayts has seen the diversity of Macaulay Honors in Hunter College increase with each passing year, mainly because the interviews themselves have diversified. Part of what makes the admissions process so fair at Macaulay is the fact that current students get to play a pivotal role in choosing who they want to be admitted into the next class. 

Macaulay Honors also has a unique curriculum that places emphasis on learning the history of New York City. A part of this curriculum includes mandatory seminars that give students the opportunity to participate in group discussions about everything that makes New York City unique. There are four seminars that students must participate in as a part of their curriculum: The arts of NYC, immigration of NYC, science of NYC, and the development of NYC. 

“These classes are great because they give students the opportunity to connect more with the professors who teach these classes, and encourage students to participate in group discussions rather than just listening to lectures,” Dayts said.

Many high school students across the country are currently stressed about college applications, especially during the  COVID-19 pandemic where many people have suffered both financially and mentally. Now more than ever, it is important for students to look into applying for colleges that will support them both financially and academically. Anyone who is a New York City resident has the opportunity to receive a full merit scholarship, making Macaulay Honors a perfect opportunity for talented students to achieve their goals with the support they need.

“The advisors at Macaulay are very adamant about your success, and the peer mentor systems help make the school a strong and supportive environment,” Eric Dayts said, a college senior at Macaulay Hunter.

• college admissions
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Raisa Barshai is the Spotlight Section editor for ‘The Science Survey.' She loves the freedom that journalistic writing gives her, allowing her to learn...

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Macaulay Honors College 101 [For the (College) Class of 2027]

September 28, 2022 by CPM

Have you heard about CUNY’s Macaulay Honors College? It is one of America’s top public honors college programs. If you live in New York and your teen is interested in this program, I encourage you to have them start the application as soon as possible.

What Is Macaulay Honors College? 

Macaulay Honors College at CUNY  is an honors college that is spread across eight CUNY colleges. Macaulay students participate in a program designed jointly by the respective college and Macaulay. Students graduate with a dual degree from Macaulay and their chosen CUNY home college.

Every Macaulay student receives a full-tuition scholarship.  Students are still responsible for paying school fees (including some years of room and board) if they are not covered by grants, scholarships, and other forms of financial aid. Each CUNY college provides different housing options.

Other perks for Macaulay students include a $1,500 per student  Opportunities Fund  to help pay for various professional or academic programs.

Macaulay Honors Eligibility Requirements

Macaulay Honors College evaluates prospective students based on a combination of academic and personal factors. On the academic side, there isn’t a minimum GPA stated but the FAQ section mentions that Students applying to Macaulay should have a recommended average of 90 and above .

Also, note that high school classes of 2023 and 2024 Macaulay college applications are test-optional regarding submitting copies of their standardized test (SAT or ACT)  scores . 

To receive the full tuition Macaulay scholarships, students must be New York state residents/meet CUNY’S New York State residency requirements. Also, it must be the first college experience for prospective Macaulay students. The program only accepts incoming Freshmen – not transfer students. 

For more in-depth information, visit  Macaulay’s Admissions Requirements page .

Macaulay Information Session

Macaulay offers several upcoming admissions events for interested students. The events begin on October 2nd. Staff will answer some of the most frequently asked questions about the program. Topics include deadline reminders, essay tips and handling the CUNY application for Macaulay. It is a great way to learn more about Macaulay Honors College.

Macaulay Application Tips

Start as early as possible.

The application went live on 9/1/22. The sooner that a student submits their application, it gives their recommenders more time to write recommendations. Once the application is submitted, their recommenders are notified and asked to upload their recommendation.

The great thing is that students can revise their submitted applications any time up until the deadline. They can add recommenders, upload essays and other supporting materials as well as pay the application fee. The application fee is currently $65. (Students with special financial or other circumstances may be able to have CUNY waive its application fee.)

It is important to note that applicants can only use  the CUNY Application . Macaulay Honors College is not in the CommonApp.  The Macaulay application website closes on 11/16/22 at 6pm.

Application Essay Prompts

As part of the Macaulay application, students are required to submit two essays for the class of 2027. Each should be around 500 words long.

ESSAY 1: ABOUT YOU Select one of the options below. Some students have a background, identity, interest, or talent that is so meaningful they believe their application would be incomplete without it. If this sounds like you, then please share your story. O R Tell us about an area or activity, outside of academics, in which you have invested a lot of time and effort. Tell us why. What did you learn? How was it meaningful? ESSAY 2: ABOUT YOUR PLANS FOR COLLEGE. PLEASE DISCUSS ALL POINTS BELOW. Why do you want to go to an honors college ? There are many benefits of being a Macaulay student, such as the Macaulay community, special courses, Honors advisement, cultural passport, opportunities funds, and other financial benefits. Please describe how these features will shape you and your college experience, including, what you expect to bring to the college community and what you expect to get out of your college experience. MACAULAY HONORS COLLEGE

You can learn more about essay considerations on the  Macaulay Honors College Essay Questions  page.

Important Macaulay Admissions Dates

9/1/22: The Macaulay application opens.

11/16/22: The Macaulay application closes at 6pm.

11/28/22: All supporting documents (including application recommendations) are due by 6pm.

3/15/23: Decision day (prospective students receive notifications).

5/1/23: COMMITMENT DAY

The Macaulay Honors College is a wonderful program so consider encouraging your high (academic) achieving seniors to apply.

If you found this post helpful, please share it. 

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Join Honors

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Students apply from high school using the on-line Macaulay Honors College application . Along with the application, students must submit all supporting information [SAT scores, high school transcript, 2 essays and 2 letters of recommendation]. It is not necessary to submit CUNY’s general admission application.

Students who apply to the Macaulay Honors Program are automatically considered for the Baruch Scholars Program . Students will only be offered admission into one program.

Applications are due November 16th .

Learn more…

on the Macaulay Honors College Prospective Students website,   Applying to Macaulay Honors College website,  and the Baruch College Undergraduate Admissions ‘ website. Questions may be directed to [email protected] or 646-312-2120.

Admitted student profile

The recent average SAT score for admitted Macaulay Scholars was a 1300-1400 and the average GPA was about 92 – 94.

permanent income hypothesis graph

The permanent income hypothesis definition refers to the theory that states that consumers spend their earnings at a level in accord with their estimated future income over the long term. Individuals view this expected income level as their permanent income level, which they believe is safe to spend. Milton Friedman developed this theory in n 1957.

Permanent Income Hypothesis: A permanent income hypothesis is a theory of consumer spending which states that people will spend money at a level consistent with their expected long term average ...

The permanent income hypothesis (PIH) is a model in the field of economics to explain the formation of consumption patterns.It suggests consumption patterns are formed from future expectations and consumption smoothing. The theory was developed by Milton Friedman and published in his A Theory of Consumption Function, published in 1957 and subsequently formalized by Robert Hall in a rational ...

1. Absolute Income Hypothesis: Keynes' consumption function has come to be known as the 'absolute income hypothesis' or theory. His statement of the relationship be­tween income and consumption was based on the 'fundamental psychological law'. He said that consumption is a stable function of cur­rent income (to be more specific, current dis­posable income—income after tax payment ...

The Income Hypothesis THE magnitudes termed "permanent income" and "permanent con-sumption" that play such a critical role in the theoretical analysis cannot be observed directly for any individual consumer unit. The most that can be observed are actual receipts and expenditures during some finite period, supplemented, perhaps, by some verbal ...

Explain and graph the consumption function and the saving function, explain what the slopes of these curves represent, and explain how the two are related to each other. Compare the current income hypothesis with the permanent income hypothesis, and use each to predict the effect that temporary versus permanent changes in income will have on ...

The permanent income hypothesis (PIH) is a theory that links an individual's consumption at any point in time to that individual's total income earned over his or her lifetime. The hypothesis is based on two simple premises: (1) that individuals wish to equate their expected marginal utility of consumption across time and (2) that ...

The permanent income hypothesis posits that a family's consumption changes in response to changes in lifetime income but not transitory or predictable fluctuations. The JPMorgan Chase Institute has assembled high-frequency, categorized data on income and expenditure for millions of households, which allow us to describe the impacts of specific ...

The Permanent Income Hypothesis. The Permanent Income Hypothesis (PIH) attempts to explain consumption behavior and expected relationships in cross-sectional and longitudinal APC's by first redefining measures of income. Observed values of aggregate income 'Y' can be divided up into two separate components: 'Y P ' Permanent (or projected levels ...

Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, and business professionals.

Compare the current income hypothesis with the permanent income hypothesis, and use each to predict the effect that temporary versus permanent changes in income will have on consumption. ... The curve of the saving function is in the lower portion of the graph. At a disposable personal income of $2,000 billion, for example, consumption is ...

Modigiani and Brumberg (1954) (Life-Cycle Hypothesis) Friedman (1957) (Permanent Income Hypothesis) Basic idea: Utility maximization and perfect markets imply that current consumption is determined by net present value of life-time income Dramatically different from Keynesian consumption function Steinsson Consumption 18/82

From (7) we can see that if a given shock to income is perceived to be transitory, then the marginal propensity to consume will be which is a small number (say, 0.05) while if the shock is perceived to be permanent then will be 1.0. So there is no such thing as the "true" value of and the 'consumption function' conceived as an estimated version of (4) is meaningless (though the ...

The Permanent Income Hypothesis (PIH) is an economic theory that suggests individuals' consumption patterns are determined by their long-term average income rather than their short-term fluctuations in income. According to this hypothesis, people adjust their consumption based on their expectations of future income rather than their current ...

Since consumption is determined by permanent income, consumption is C = C p ' at permanent income Y p'8. In as much as the short-run consumption function is based on actual consumption and income, (Y', C') is a point on the short-run consumption function. At the trough, the situation is reversed.

The permanent income hypothesis (PIH), introduced by Milton Friedman in 1957, revolutionizes our understanding of consumer spending. Unlike Keynesian economics, which emphasizes current after-tax income as the driving force behind consumption, PIH asserts that people spend money in alignment with their anticipated long-term average income.

Permanent Income Hypothesis. Empirical studies and observations exposed the shortcomings of the absolute income hypothesis. It failed to explain the patterns of consumption over a long period of time. It did not consider the role of business cycles or wealth as a factor in determining consumption.

The permanent income hypothesis provided an explanation for some puzzles that had emerged in the empirical data concerning the relationship between the average and marginal propensities to consume. It also helped to explain why, for example, fiscal policy in the form of a tax increase, if…. Other articles where permanent income hypothesis is ...

DOI 10.3386/w2209. Issue Date April 1987. This paper investigates whether there are simple versions of the permanent income hypothesis which are consistent with the aggregate U.S. consumption and output data. Our analysis is conducted within the confines of a simple dynamic general equilibrium model of aggregate real output, investment, hours ...

Abstract. This article uses archival sources to reconstruct an alternate history of Milton Friedman's A Theory of the Consumption Function, spotlighting the contributions of his collaborators Margaret Reid, Dorothy Brady, and Rose Friedman. Although Milton Friedman offered public credit to his wife and their two close friends, none received formal recognition or reward for their contribution ...

The consumption function was first introduced by Keynes in 1936. His ideas associated with consumption behaviour later became known as the Absolute Income Hypothesis. It explains the relationship between income and consumption, where real consumption is a positive function of real income. That is, an increase in income leads to an increase in ...