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 Education 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