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Unrestricted Aid to Independent Colleges and Universities (Bundy Aid)

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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.Μύ 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.

Μύ

AUTHORITY:

Federal Statute: ΜύΜύΜύΜύΜύΜύ ΜύΜύ

Federal Regulation:Μύ Μύ

State Statute: ΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύ Education Law Β§6401Μύ

State Regulation: ΜύΜύΜύΜύ 8 NYCRR 150.1 and 150.2

Μύ

FUNDING SOURCE(S): 2018-19

State-ΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύ $35.1m

Federal-ΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύ Μύ

Special Revenue-ΜύΜύΜύΜύΜύΜύΜύ Μύ

Total-ΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύΜύ $35.1m Μύ