More than 940,000 middle-class families and people earning up to $125,000 a year will be eligible to attend tuition-free at all CUNY and SUNY two- and four-year universities in New York State under this groundbreaking scheme. The new program will go into effect in the fall of 2017 and will be phased in over three years.
In addition to Free College Tuition, which will cover the cost of tuition and mandatory fees for an undergraduate student, CUNY and SUNY plan to offer thousands of additional low-cost or no-cost scholarships and grants worth a total of $150 million dollars.
"This is a historic day not only for CUNY and SUNY students, but also for the more than 870,000 Americans who will now have access to a world-class education without having to worry about how they are going to pay for it," said Chancellor Fariña. "We believe that by making college affordable for so many more people, we are on our way to achieving our goal of getting everyone in America college ready."
The new program is expected to increase attendance at CUNY and SUNY campuses across the state dramatically, especially since it will be offered free of charge. In fact, more than one in five CUNY students and one in six SUNY students currently attends school outside of their home city or county.
Cuomo, Andrew Residents with a household income of less than $125,000 will be eligible for free tuition at New York's 64 SUNY and CUNY campuses this year. According to Cuomo's plan, "this landmark initiative opens the doors of higher education to all New Yorkers while assisting these students in completing their degrees on time."
The plan is funded through increased taxes on high-income New Yorkers and business owners. In addition, the state is reducing its subsidy of other public colleges and universities. The net effect is that New Yorkers without financial assistance will pay more for their college educations.
SUNY and CUNY students will continue to receive full scholarship awards from the State University Foundation, which raises funds separate from the regular budget process. The foundation's budgets are approved by the governor and legislature.
However, the plan limits tuition increases at private colleges and universities to no more than 2% per year. There is also a limit on fees and charges, but officials say more of those limits will be written into law rather than imposed through regulation.
In conclusion, SUNY tuition is not free but it does offer substantial financial aid to most students. Private college tuition may be cheaper, but only if your institution of choice participates in the Excel Program. Otherwise, you should expect to pay more than what is listed on their websites.
Tuition for Residents of New York $5,020 Non-New York residents pay $9,930 in tuition. $820 in student fees Board and lodging (living on campus) $11,370 Total Number of New Yorkers Non-New York residents pay $17,210. $22,120 At suny.edu/howmuch, you may get an unique estimate of your net cost of attendance. This will include any grants or scholarships you receive and any tax credits that apply to you.
The total cost of attendance at SUNY schools is about $60,000 per year. This includes tuition, fees, and living expenses. The actual amount you will be charged depends on how many credit hours you take, whether you live on campus or off, and other factors. To calculate the exact cost of attendance, visit the websites for each school where you are considering attending.
Most students who can afford it attend private universities. These costs can range from $20,000 to $100,000 or more annually. In state colleges and universities, the most expensive schools tend to be in the city with the highest price tag. For example, Stony Brook University, which is near Long Island, costs $50,000 a year while Binghamton University, which is in upstate New York, costs $28,000 a year.
Some students who can't afford to go private or don't get accepted into their first choice public university may still be able to find a way to afford college.