NYS Announces Additional Funding For SUNY Campuses On LI

Albany, NY — The State University of New York Board of Trustees today announced the additional allocation of $114 million in Direct State Tax Support across the State-operated SUNY campuses from the FY 2025 Enacted New York State budget. 

In Long Island, SUNY has allocated:

• $13.6 million allocated to Stony Brook University – a 9% increase over the past year
• $2.6 million allocated to Farmingdale State College – a 15.9% increase over the past year
• $1.5 million allocated to SUNY Old Westbury – a 12.3% increase over the past year

The funding marks a historic investment under Governor Kathy Hochul’s leadership, with the combined 2023-24 and 2024-25 budgets representing the largest two-year infusion in at least five decades with an increase of $277 million in Direct State Tax Support allocated to SUNY.

Last year, the $163 million increase in the 2023-24 Budget made it possible for SUNY to:

• Provide double-digit percentage increases in Direct State Tax Support at every State-operated campus – including support for faculty hiring and student services across the System
• Invest more than $40 million in mental health services, support for students with disabilities, student internship experiences, expanding research, and addressing food insecurity
• Reduce mandatory fees for graduate student workers

Today’s Board resolution maintains last year’s investments and the progress they have generated and, using the $114 million in increased funding:

• Provides $102 million to support SUNY faculty and staff, contributing support for salary increases reflected in recent collective bargaining agreements
• Provides $4.5 million for additional student internship experiences to improve student success and the student experience, bringing the two-year total to more than $14 million
• Allocates $4 million to support faculty and student researchers
• Continues to reduce mandatory fees for graduate student workers with an additional $3 million, bringing the two-year total to $6 million