PARSONS STUDENTS DEBUT: Parsons The New School for Design will present the work of graduating seniors from its AAS Fashion Studies program tonight at the eighth annual Line Debut, a runway show at 101 River Views at 101 Sixth Avenue in Manhattan. Parsons' AAS program is geared for aspiring professionals with degrees in other disciplines who want intensive training in design. The show will feature about 75 looks by graduating students, as well as an alumni award presentation to Catherine Fung, class of '02, the owner and designer of Little Prince and Piggy, a line of women's ready-to-wear and accessories with matching outfits for pets.

CYCLE CHIC: "Cycle Chic," held during National Bike Month and in anticipation of New York's annual Bike-to-Work Week, May 14 to 18, will feature stylists dressing cyclists in 10 bike-to-work outfits reflecting New York's varied workforce — from art gallery hipster to Brooklyn assistant district attorney. The event will take place Wednesday morning at Michael Jordan's Steak House at Grand Central Terminal.

YMA FUNDS 90 SCHOLARSHIPS: After receiving a record number of applications, YMA Fashion Scholarship Fund, or YMAFSF, is giving $450,000 for 90 grants of $5,000 each to students from 23 schools nationwide this year. Sixteen grants are earmarked for finance and business majors, while 74 go to students majoring in design, merchandising and other fashion disciplines. Additionally, 45 scholars landed summer internships with YMAFSF's industry partners, including Hugo Boss, Liz Claiborne, Oxford Industries, Kellwood, BCBG, Tommy Hilfiger, Perry Ellis and VF Corp. Since 1971, YMAFSF has provided $5 million in financial assistance to more than 500 college students.

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