Statement from CICU President Mary Beth Labate on the 2018-19 New York State Budget:
"On behalf of the 500,000 students of New York's 100+ private, not-for-profit colleges and universities, I applaud the Governor and the Legislature for passing a student-focused state budget that includes critical funding for students who choose to attend private, not-for-profit colleges and universities in New York," said Mary Beth Labate, president of the Commission on Independent Colleges and Universities.
"With funding for Bundy Aid, opportunity programs and the Higher Education Capital (HECap) Matching Grant Program, this state budget will help preserve New York's unparalleled higher education ecosystem, ensuring students have choices when pursuing a college degree. We are thrilled, too, to see the expansion of the Science, Technology, Engineering and Math (STEM) Incentive Program to include students at private, not-for-profit colleges and universities," Labate said.
"The budget also includes changes to the Enhanced Tuition Awards program that are an important step forward in making the program more accessible to students. Applications for the second round of the Enhanced Tuition Award program were opened today by the Higher Education Services Corp. and we hope many students will be able to benefit," Labate said.
"Private colleges generate $80 billion in economic activity annually, support more than 400,000 jobs statewide and engage in cutting-edge research that leads to life-saving discoveries and next generation jobs. Our campuses look forward to our continued partnership with New York State and appreciate the state's recognition of the importance of higher education, not just for individual students, but for entire communities and the state's economy," Labate said.