University bosses are now investigating to find out how the group gained access to the tower.
Students told The Post it was a "rite of passage" among seniors to climb the tower, touch the bell and take photos outside one of the windows.
A Fordham University student who fell about 30 feet from inside a clock tower early Sunday has died, school officials said.
"It's like a tradition, apparently, for seniors to sneak into the tower and climb up".
According to United States media reports, Ms Monfries slipped on her way up the tower's spiral staircase and was found by emergency services at about 3.17am. "And they were like trying to get good views of the city", student Antonia Greene said.
New York Police Department arrived on the scene and found her lying on the ground with trauma to her head and body. "I think they were posting on Instagram when it happened".
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Sydney Monfries, 22, barely had a pulse when emergency workers discovered her on the second floor of the Keating Hall clock tower at Fordham University. Sydney, as she wrote on her social media sites, was studying journalism and interned at InStyle magazine.
Monfries fell over 12m from the bell tower's staircase.
The university said they will confer a bachelor's degree upon Sydney posthumously.
"There are no words sufficient to describe the loss of someone so young and full of promise - and mere weeks from graduation", university President Joseph M. McShane, said in a statement.
USA media reported emergency services struggled to rescue gravely injured Ms Monfries from the building after they realised it wasn't possible to carry her via stretcher down the staircase.
Emergency Medical Services rushed the student to the local hospital, where she was placed on life support.