Governor Cuomo’s FY 2018 Executive Budget proposes significant investment in The City University of New York and will advance its vital mission of providing a quality, affordable higher education to more than a quarter-million degree-seeking students.
CUNY students will benefit greatly from the farsighted Excelsior Scholarship initiative, which will make college more affordable and reduce debt for middle-class students, and from passage of the state Dream Act, which will extend financial aid and other benefits to CUNY’s many undocumented students.
We are grateful for the Governor’s commitment to the state’s predictable tuition plan, which will help ensure financial stability for the University, allow families to plan ahead, and provide important support for academic programs and student services.
We are deeply grateful for Governor Cuomo’s proposed funding to ensure that our facilities are upgraded and repaired. The budget calls for more than $284 million for infrastructure improvements and critical maintenance at our senior colleges, a significant increase over last year, $80 million for community college matching funds, and $55 million for the next important investment in the CUNY 2020 initiative.
We look forward to working with the Governor and the Legislature over the coming months on these important opportunities for investment in the University.