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NY state budget slashes aid to universities, colleges with $750M endowments — including Columbia, NYU and Cornell

A little-known provision in the state budget approved by Gov. Kathy Hochul and the legislature for the first time slashes direct aid to private universities and colleges that have endowments of at least $750 million. ....

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Independent schools need Bundy Aid to help their students

Almost 86% of students at New York’s independent colleges and universities receive financial aid, with our schools providing over $7.3 billion in aid to students. ....

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Executive Summary: New York State Fiscal Year 2024-2025 Budget | Manatt, Phelps & Phillips, LLP

On January 16, New York Governor Kathy Hochul released her State Fiscal Year (SFY) 2024-25 Executive Budget, her third since assuming office in August 2021. Addresses by Governor Hochul. ....

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Higher education advocates call budget a mixed result

Higher education advocates in New York say the budget was a mixed result for colleges and universities. ....

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University asks students to advocate for more aid

BY CASSIDEY KAVATHAS, MANAGING EDITOR St. Bonaventure University is asking the campus community to help advocate for student aid programs from New York State. Students, faculty, staff and parents can join the cause. Gov. Kathy Hochul included full funding for the Tuition Assistance Program (TAP) and proposed a 10% increase in funding for the Higher… ....

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