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Secondly, the motto makes a social statement; it is not by birth, money, or property that an individual is defined, but by how he or she behaves towards other people.
Wykeham's motto is reminiscent of the insight found in Aristotle's Ethics,: that a man or a woman is what he or she does, and what we do is what we are.
The name "New College", however, soon came to be used following its completion in 1386 to distinguish it from the older existing college of St. The college is between Holywell Street and New College Lane (known for Oxford's Bridge of Sighs), next to All Souls College, Harris Manchester College, Hertford College, The Queen's College and St Edmund Hall.
The college's sister college is King's College, Cambridge.
As of June 2015, it had a financial endowment in excess of £190 million, and net assets of over £220 million.
The coat of arms of the college is one adopted by William Wykeham.
It features two black chevrons, one said to have been added when he became a bishop and the other representing his skill with architecture (the chevron was a device used by masons). The grand collection of buildings is a testament to William's experience in administering both ecclesiastical and civil institutions as the Bishop of Winchester and High Chancellor of England.
New College is one of the constituent colleges of the University of Oxford in the United Kingdom.
Founded in 1379 by William of Wykeham, the full name of the college is The Warden and Scholars of St Mary's College of Winchester in Oxford.