CUNY and SUNY to Receive $1.5 Billion Over Five Years

BARUCH COLLEGE–The New York State fiscal year 2023 budget will put aside $1.5 billion to invest in SUNY and CUNY over the next five years.

Gov. Kathy Hochul allocated funds for hiring full-time faculty, the New York State Tuition Assistance Program and increased support for needy students.

“We applaud the budget proposals by Governor Hochul that will allow CUNY to hire hundreds of additional full-time faculty and provide students with more than $62 million in increased tuition assistance — two vital elements of the University’s mission to provide high-quality education and ensure its accessibility to New Yorkers of all backgrounds and means,” CUNY Chancellor Félix Matos Rodríguez said in a statement.