How it affects SUNY students
Rational Tuition:
- Increase tuition incrementally up to an annual cap of two and one half times the five-year rolling average of the Higher Education Price Index (HEPI).
- Makes it easier for students and families to anticipate and plan for the complete cost of attendance over the course of a degree program.
- Will help to establish multi-year plans to address campus goals and invest in new faculty hires and academic quality initiatives
Deferential Tuition:
- For programs and campuses to enhance academic quality
- Currently there would not be tuition assistance to make up for any increases
- Currently there is no cap on the amount increased
Board of Trustees Adopt Tuition Policy:
- Having a student trustee on the board ensures that the student voice is heard when it comes to increases (or other policies).
- Implement a fair, equitable and responsible tuition policy.
- Based on the recommendations of the college presidents.
- Adopt out of state enrollment maximum percentage limitations.
Other:
- Help create over 10,000 new jobs and invest over $8.5 billion in capital construction which will support over 43,700 direct and 21,800 indirect construction jobs
- Streamlined operational and procurement practices will save resources and efficiencies on campus
- Land use and public-private partnerships will enable campuses to be entrepreneurial and generate revenues
Key Points from Governor's Budget 10-11:
- Reduce Maximum TAP Award for Two-Year Degree Programs.The Executive Budget reduces the maximum TAP award for students enrolled in a two-year degree-granting program from $5,000 to $4,000.
- Eliminate TAP for Graduate Students.The Executive Budget eliminates TAP award eligibility for graduate students. The average graduate TAP award is $387.
- Reduce Base Aid for SUNY Community Colleges.The Executive Budget reduces SUNY community college base aid by $285 per full-time equivalent (FTE) student from $2,545 per FTE to $2,260 per FTE.
- Reduce TAP Awards by $75.The Executive Budget reduces all TAP awards by $75.
