The state will increase the maximum amount of its Tuition Assistance Program awards for the first time in 14 years, Gov. Andrew M. Cuomo announced.
State residents who attend any public or private college or university in the state will now be eligible for up to $5,165 in TAP aid – a $165 increase.
In 2012-2013, more than 372,000 New Yorkers attending college were awarded $931 million in TAP funds to help pay their college tuition costs, averaging $3,049 per student.
The state in its current budget has allocated more than $1 billion for grants and scholarships for college students.
“New York has a long-standing commitment to ensuring that its students have
access to a college education,” said Elsa Magee, acting president of the
New York State Higher Education Services Corp., the
administrating agency of New York’s grants and scholarships. “The state
tuition awards our students receive support them in their pursuit of a
postsecondary education and position them to be active and skilled members
of our state’s workforce,” Magee said in a statement.