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. 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.
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AUTHORITY:
Federal Statute: Â Â Â Â Â Â Â Â
Federal Regulation:Â Â
State Statute:            Education Law §6401Â
State Regulation: Â Â Â Â 8 NYCRR 150.1 and 150.2
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FUNDING SOURCE(S): 2018-19
State-Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â $35.1m
Federal-Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
Special Revenue-Â Â Â Â Â Â Â Â
Total-Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â $35.1m Â