SUNY’s Announcement of Additional Allocation Includes $2.8 Million for Buffalo State University
The State University of New York Board of Trustees has announced the additional allocation of $114 million in direct state tax support across state-operated SUNY campuses from the budget passed last month by the State Legislature and signed into law by Governor Kathy Hochul.
That includes an additional allocation of $2.8 million for Buffalo State University, a 10.7 percent increase from 2023–2024.
“We are appreciative of the additional allocated funding that will help support our students and recognize the work of our dedicated faculty and staff,” said Buffalo State University Interim President Bonita R. Durand, Ph.D. “This is a positive development at the outset as we continue to work toward addressing our structural deficit. We remain intently focused on seizing our destiny and building a strong future for Buffalo State University.”
The overall SUNY funding marks a historic investment, with the combined 2023–2024 and 2024–2025 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. Buffalo State University will receive a combined funding increase of $8.1 million across 2023–2024 and 2024–2025.
SUNY Chancellor John B. King Jr. said the additional allocation “will inject critical funding to support our students and faculty. Governor Hochul and the State Legislature’s commitment to public higher education is clear in this year’s budget. As a result, SUNY has been able to allocate the significant resources our campuses deserve so that we can retain and attract stellar faculty, enroll the largest class of students in a decade, increase paid internships, and expand our research capabilities.
“There is a place at SUNY for every New Yorker, and this funding further positions SUNY as a leading academic institution that delivers on the promise of student success at an extraordinary value.”
SUNY’s announcement of the additional allocation of $114 million noted it would
- provide $102 million to support SUNY faculty and staff, contributing support for salary increases reflected in recent collective bargaining agreements;
- provide $4.5 million for additional student internship experiences to improve student success and the student experience;
- allocate $4 million to support faculty and student researchers;
- continue to reduce mandatory fees for graduate student workers with an additional $3 million.
Read the complete news release from SUNY.
