CAPRA MEETING, May 6, 2011
Attending: Kane Gillespie, Norm Goodman, Ben Hayashi, Gene Katz, Larry Wittie
A Rational Tuition Plan
SUNY has proposed a rational tuition plan that would increase tuition by 5.5% for five years. This would provide for a “fair, predictable, and responsible” of small yet predictable annual tuition increments that would be returned to the SUNY rather than being used, as in the past, to be kept in the State coffers. Governor Cuomo has indicated support for such plan, though there are still some questions about whether it would be approved by the New York State Assembly. There was some concern expressed about the effect of the proposed tuition increase on students, especially those who were economically vulnerable since there was no comparable increase in TAP proposed. President Stanley has indicated that the campus would put aside approximately 28% of the additional revenue generated by the increase in tuition as dedicated financial aid to cover the gap between the higher tuition and TAP for students whose families earn less than $75,000 a year.
The meeting revolved around a discussion of the proposed NYSUNY 2020 legislation that would provide up to $35 million grant from state funds for construction of buildings tied to economic development for each of the four University Centers. Governor Cuomo sees SUNY as an important partner of the state in this economic development and job creation plan. In addition to the possibility of $35 million challenge grant, NYSUNY 2020 would provide for more flexibility for the University Centers entering into public-private partnerships, and allow them to charge higher tuition than the other SUNY campuses. The legislation would require the University Centers to generate additional matching funds.
If approved, at Stony Brook, the $35 million and additional matching funds would be devoted to building a $194 million Medical and Research Translational (MART) building to bring patient care and research together in one facility. Also, the additional revenues generated under NYSUNY 2020 would allow for the hiring of 400 new faculty, 600 new staff and graduate students, and 80 new clinicians over several years.