Tuition Assistance Program to receive funding for first time in - NEWS10 ABC: Albany, New York News, Weather, Sports

Tuition Assistance Program to receive funding for first time in 14 years

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ALBANY, N.Y. – Governor Cuomo has announced that New York State will increase funding for the maximum Tuition Assistance Program award for the first time in 14 years.

Cuomo announced on Tuesday that with the increase, New York has allocated more than $1 billion for grants and scholarships for students who attend college.

“New York was built on the promise of opportunity for all, and with this dramatic increase in the Tuition Assistance Program we are helping hundreds of thousands of students pursue world-class educational opportunities,” Governor Cuomo said. “TAP helps to make college more affordable for students across the State, and as we mark its 40th anniversary, I am proud that New York is investing in our future leaders by raising the level of grants and scholarships to a record $1 billion.”

The maximum TAP award is now $5,165, available to New York State residents who attend any public or private college or university in the State. This represents a $165 increase in the maximum award, from $5,000 per student since 2000.

In 2012 to 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. To learn more about New York’s Tuition Assistance Program and other scholarships, grants and loan forgiveness programs offered by the State, visit the HESC website at HESC.ny.gov.

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