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Unrestricted Aid to Independent Colleges and Universities (Bundy Aid)

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DESCRIPTION:

Unrestricted Aid to Independent Colleges and Universities, known as Bundy Aid, provides unrestricted financial support to independent colleges and universities in New York State.听 The Program has the following goals:

  • Maximize the total postsecondary educational resources of New York State.
  • Promote and foster the diversity of educational options in New York State.
  • Provide increased access to these programs by assisting institutions to minimize tuition increases.

AUTHORITY:

Federal Statute: 听听听听听听 听听

Federal Regulation:听 听

State Statute: 听听听听听听听听听听听 Education Law 搂6401听

State Regulation: 听听听听 8 NYCRR 150.1 and 150.2

FUNDING SOURCE(S): 2018-19

State-听听听听听听听听听听听听听听听听听听听听听听听听听听 $35.1m

Federal-听听听听听听听听听听听听听听听听听听听听听听 听

Special Revenue-听听听听听听听 听

Total-听听听听听听听听听听听听听听听听听听听听听听听听听听 $35.1m 听