¶«¾©ÈÈ

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.Ìý 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.

Ìý

AUTHORITY:

Federal Statute: ÌýÌýÌýÌýÌýÌý ÌýÌý

Federal Regulation:Ìý Ìý

State Statute: ÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌý ¶«¾©ÈÈ Law §6401Ìý

State Regulation: ÌýÌýÌýÌý 8 NYCRR 150.1 and 150.2

Ìý

FUNDING SOURCE(S): 2018-19

State-ÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌý $35.1m

Federal-ÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌý Ìý

Special Revenue-ÌýÌýÌýÌýÌýÌýÌý Ìý

Total-ÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌý $35.1m Ìý