FEDERAL ASSISTANCE
RPI, HVCC, Sage among local universities receiving funding in American Rescue Plan
CAPITAL REGION, N.Y. » Following steadfast support for New York’s colleges and universities throughout the pandemic, U.S. Senate Majority Leader Chuck Schumer announced that the recentlysigned American Rescue Plan includes an estimated $2.6 billion for New York’s public, private, and proprietary institutions of higher education.
Schumer, D-NY, said that public and non-profit schools will use half of their award on emergency financial aid grants to students to help them with college costs and basic needs like housing, food, and healthcare.
The other half of the funds will allow institutions to provide additional student support activities, and to cover a variety of institutional costs, including lost revenue, reimbursement for expenses already incurred, technology costs associated with a transition to distance education, faculty and staff trainings, and payroll. Proprietary schools must use their awards exclusively to provide financial aid grants to students.
“As New York’s colleges, universities, and students face over a year of unprecedented hurdles, they do so at a steep cost that it is our responsibility to address and overcome. In prioritizing the health and safety of students, faculty, and staff, New York’s higher education institutions have ripped massive holes in their budgets and are now facing down financial devastation – and we simply can’t let that happen,” Schumer stated.
“As Majority Leader, I was proud to make funding for New York’s higher education institutions and students a top priority, and the American Rescue Plan will deliver this much needed $2.6 billion in assistance to help our world-class institutions through the crisis, get students safely back to classes, and get campuses across the state back to ‘normal’,” Schumer added.
This funding is in addition to the $2.4 billion Schumer secured for New York’s institutions of higher education in the past COVID relief bills. In total, Schumer has secured over $5 billion for New York’s colleges and universities in the past year.
Schools in the Capital Region are projected to receive $152,442,000 in grants.
Below are those Capital Region institutions of higher education and the associated fund allocations:
• Albany College of Pharmacy and Health Sciences $2,360,000.00
• Albany Law School $334,000.00
• Albany Medical College $563,000.00
• Albany Schoharie Schenectady Saratoga BOCES
Practic $1,127,000.00
• The College of Saint Rose $9,263,000.00
• Excelsior College $2,726,000.00
• Maria College $2,393,000.00
• Mildred Elley $1,067,000.00
• New School Center for Media $29,000.00
• St. Peter’s Hospital College of Nursing $302,000.00
• State University of New York at Albany $44,087,000.00
• Siena College $6,853,000.00
• Columbia-Greene Community College $3,203,000.00
• Hudson Valley Community College $18,480,000.00
• Rensselaer Polytechnic Institute $13,563,000.00
• Russell Sage College $4,895,000.00
• Samaritan Hospital School of Nursing $343,000.00
• Skidmore College $4,152,000.00
• SUNY Empire State College $14,170,000.00
• Ellis Medicine, The Belanger School of Nursing $202,000.00
• Schenectady County Community College $9,173,000.00
• Union College $3,033,000.00
• Modern Welding School $47,000.00
• Word of Life Bible Institute $1,503,000.00
• Adirondack Community College $8,532,000.00
• Washington Saratoga Warren Hamilton Essex BOCES $42,000.00