SUNY Chancellor King and Board of Trustees Announce $1.7 Million State Budget Investment in SUNY’s Affordable Excellence in the Hudson Valley Region
June 3, 2026
New Funding Maintains Resident Tuition and Broad-Based Fees Freeze for State-Operated Campuses as SUNY Expands Initiatives to Support Students on a Path to a College Degree
FY 2027 Enacted Budget for SUNY Brings Four-Year Total Increase to Nearly Half a Billion Dollars Thanks to Governor Hochul and State Legislature
Albany, NY — State University of New York Chancellor John B. King Jr. and the SUNY Board of Trustees today announced the distribution of $54 million in new Direct State Tax Support in the FY 2027 Enacted New York State Budget to State-operated campuses—with $1.7 million allocated to SUNY campuses in the Hudson Valley Region—as they affirm the affordability of an excellent education at SUNY. The funding maintains the statewide resident undergraduate tuition freeze even as SUNY expands initiatives to support students on their path to a college degree and strengthens the role SUNY campuses play in driving research, innovation, and economic growth statewide.
The budget was enacted under the leadership of Governor Kathy Hochul with support from Senate Majority Leader Andrea Stewart Cousins, Assembly Speaker Carl Heastie, and the entire State Legislature. Thanks to the Governor and legislative leadership, in addition to other investments in campus operations and facilities, total Direct State Tax Support has risen by $445 million over the last four years, a time marked by gains in enrollment, rigorous academic experiences, and SUNY research excellence.
“SUNY campuses are engines of opportunity for students and communities across New York, and this year’s state budget strengthens our ability to deliver on SUNY’s mission of affordable excellence,” said SUNY Chancellor King. “Thanks to the leadership of Governor Hochul and the State Legislature, public higher education remains central to a strong and affordable New York. This state investment will help campuses support student success, increase access to high-quality academic programs, grow research and workforce partnerships, and ensure students graduate prepared to thrive in New York’s economy and contribute to civic life.”
The SUNY Board of Trustees said, “This state budget represents a bold affirmation of SUNY’s pivotal role in New York’s future. With this investment, Governor Hochul and the State Legislature are reinforcing their commitment to academic excellence and are expanding the promise of opportunity for every New Yorker while prioritizing affordability. These new resources will fuel innovation, support cutting-edge research, and ensure SUNY remains a powerful engine of workforce development and economic mobility.”
Under today’s Board of Trustees resolution, SUNY will allocate the $54 million to its 29 State-operated campuses, which will be used primarily to replace revenue that would have been generated from a tuition increase. As part of this investment, every University Center will commit to investing in research growth and all other State-operated campuses will invest in additional student services and supports to help all students thrive academically and prepare for rewarding careers.
The SUNY Board of Trustees also affirmed that it will freeze broad-based resident undergraduate fees for the 2026-27 academic year. In addition, with the Governor’s and State Legislature’s support, SUNY will complete the multi-year process of eliminating fees for graduate student workers.
In the Hudson Valley Region, SUNY has allocated:
- $1.2 million allocated to SUNY New Paltz; $8.79 million allocated since FY 2023
- $500,000 allocated to SUNY Purchase College; $6.47 million allocated since FY 2023
The budget builds on three years of investment across the SUNY system, which made it possible for SUNY to allocate recurring funding to State-operated campuses to freeze resident undergraduate tuition and advance:
- General operating support to invest in student success and recruit and retain faculty and staff
- Cutting-edge research
- Paid internship opportunities for undergraduate students
- Student mental health services
- Services for students with disabilities
- Resources to address food insecurity
Assembly Speaker Carl Heastie, said, “Investments in our SUNY system are an investment into the futures of our young people. As prices rise on everything from gas and groceries to higher education, the Assembly Majority is committed to keeping our great SUNY schools within reach for New Yorks’ students and families. Maintaining the tuition freeze is vital to that mission. The enacted SFY 2026-27 budget ensures that both schools and students have the resources they need to succeed and thrive.”
State Senator Toby Ann Stavisky, Chair of the Higher Education Committee, said, “When I became Chair of the Higher Education Committee in 2019, I vowed to reverse the trend of a $200 increase in tuition every year. Since then, there's hasn't been tuition increases for New York students. The Legislature put $54 million into this year's budget to replace the revenue a tuition hike would have generated. In an affordability crisis, holding the line on tuition is one of the most powerful tools we have. I thank Majority Leader Stewart-Cousins, Speaker Heastie, Chancellor King, and Governor Hochul, for helping to make this a reality.”
State Assemblymember Alicia Hyndman, Chair of the Higher Education Committee, said, “A premier public university system must be defined not only by the caliber of its academics but by the accessibility of its institutions. By securing this critical investment to freeze resident tuition and broad-based fees - and by fulfilling our promise to eliminate fees for our dedicated graduate student workers - the Legislature is unequivocally prioritizing the future of New York’s students. We are dismantling financial barriers and ensuring that SUNY remains a powerful engine of upward mobility, allowing our scholars to focus on academic excellence and innovation rather than the anxiety of rising costs.”
State Senator Michelle Hinchey said, “SUNY has long been one of New York’s greatest engines of opportunity, helping students enter rewarding careers that strengthen our economy, and SUNY New Paltz is one of the Hudson Valley's most important pathways to higher education and increased opportunity. I’m incredibly proud to have helped champion this state investment that will keep college affordable for New Yorkers. Supporting our SUNY system directly translates to more students earning their degrees, entering rewarding careers, and helping families build stable futures for themselves across our region.”
State Senator Rob Rolison said, “Community colleges are one of the most effective pathways to opportunity, providing affordable education and workforce training that lead to good-paying careers. This investment will help expand access to high-demand programs, support students, and strengthen the workforce our communities and economy depend on.
SUNY New Paltz President Darrell P. Wheeler said, “The NYS FY2026-27 State Budget sent a clear message that strong investment in public higher education benefits all New Yorkers. SUNY New Paltz students and our extended community thank Governor Kathy Hochul and the State Legislature as this budget will benefit infrastructure improvements, enhance the student experience and create quality job opportunities in our region. We are also grateful for Governor Hochul’s vision in continuing to support evidence-based literacy education in our schools, and by extension the work of our Science of Reading Center to equip teachers and school leaders with the knowledge and skills they need to help more New York children learn to read.”
SUNY Purchase College President Michael E. Steiper said, “We are deeply grateful to Governor Hochul, Majority Leader Stewart-Cousins, Assembly Speaker Carl Heastie, and our local elected officials, including State Senator Shelley Mayer and Assemblymembers Otis and Burdick, for their unwavering support of Purchase College and the entire SUNY system. This investment represents a meaningful commitment to our students and their families. Increased funding for critical maintenance ensures that our students can live and learn in an environment that matches their aspirations, while increased funding for our EOP, ACE, and Empire State Service Corps programs allows us to remain focused on supporting student success and affirming the value of a SUNY Purchase education.”
About the State University of New York
The State University of New York is the largest comprehensive system of higher education in the United States, and more than 95 percent of all New Yorkers live within 30 miles of any one of SUNY’s 64 colleges and universities. Across the system, SUNY has four academic health centers, five hospitals, four medical schools, two dental schools, a law school, the country’s oldest school of maritime, the state's only college of optometry, 12 Educational Opportunity Centers, over 30 ATTAIN digital literacy labs, and manages one US Department of Energy National Laboratory. In total, SUNY serves about 1.7 million students across its portfolio of credit- and non-credit-bearing courses and programs, continuing education, and community outreach programs. SUNY oversees nearly a quarter of academic research in New York. Research expenditures system-wide are nearly $1.5 billion in fiscal year 2025, including significant contributions from students and faculty. There are more than three million SUNY alumni worldwide, and annually one in three New Yorkers who earn a college degree is a SUNY alum. To learn more about how SUNY creates opportunities, visit suny.edu.
Share this:
Holly Liapis
518-320-1311
Email the Office of Communications
