April 28, 2009 | Chancellor Goldstein Reports
In his report to the Board of Trustees, Chancellor Matthew Goldstein reviewed New York State’s adopted budget, which includes per semester tuition increases of $300 at the senior colleges and $175 at the community colleges. Additionally, the Chancellor announced an unprecedented Student Financial Aid Initiative – $10 million in funding for tuition waivers, deferrals, textbook support and increased work-study options. The Chancellor reported that the University received a record number of freshman and transfer applications for the Fall semester. Also, a $500,000 grant was received from the Bill and Melinda Gates Foundation to assist in the development of a new community college.