Unrestricted Aid to Independent Colleges and Universities, known as Bundy Aid, provides unrestricted financial support to independent colleges and universities in New York State. The Program has the following goals:
- Maximize the total postsecondary educational resources of New York State.
- Promote and foster the diversity of educational options in New York State.
- Provide increased access to these programs by assisting institutions to minimize tuition increases.
State Statute: Education Law §6401
State Regulation: 8 NYCRR 150.1 and 150.2
FUNDING SOURCE(S): 2018-19