Student Financial Aid

  • The Tuition Assistance Program (TAP) is funded at $1.1 billion, same as in last year’s enacted budget.
  • The Educational Opportunity Program (EOP) is funded at $26.8 million, a decrease of $5.4 million from last year’s enacted budget.
  • The Science and Technology Entry Program (STEP) is funded at $13.2 million, a decrease of $2.6 million from last year’s enacted budget.
  • The Collegiate Science and Technology Entry Program (C-STEP) is funded at $10 million, a decrease of $2 million from last year’s enacted budget.
  • The Liberty Partnership Program (LPP) is funded at $15.3 million, a decrease of $3 million from last year’s enacted budget.

(All of the cuts above were made to the respective increases by the Legislature from last year.)

  • $12.9 million to fund 2,113 STEM scholarships.
  • The Executive Budget includes new reforms to combat exploding student debt, including the creation of a student loan ombudsman and increasing consumer protection standards and transparency for the loan industry.
  • $8 million to help reduce the costs of textbooks through innovations like Open Educational Resources at SUNY and CUNY.

The Executive Budget again supports the implementation of the DREAM Act and expands eligibility for the Tuition Assistance Program (TAP) and the Excelsior Scholarship Program to all New York State residents regardless of lawful federal immigration status.