State of the College Address 2017

2017-18 Budget

• Excelsior Scholarship – Tuition-free College – Community or 4-year Colleges – Focuses on Completion – Requires full-time enrollment • Budget Priorities – “Hold Harmless” funding model (Flat Funding – 1 year) • No future Commitment • Maintenance of Effort not included – 5-year Capital Plan ($550M – Increase of $350M) • + $100M for UpState and Stony Brook Hospitals – Tuition Plan (Undergrad max. inc. $250/year x 5 yrs)

Red = Executive Budget Proposal