The City University of New York, Financial crisis of 1976

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Summary

The City University of New York (CUNY; pron.: ) is the public university system of New York City. It is the largest urban university in the United States, consisting of 24 institutions: 11 senior colleges, seven community colleges, the William E. Macaulay Honors College at CUNY, the CUNY Baccalaureate for Unique and Interdisciplinary Studies Program at The Graduate Center, the doctorate-granting Graduate School and University Center, the City University of New York School of Law, CUNY Graduate School of Journalism, the CUNY School of Public Health

Details

In fall 1976, during New York City's fiscal crisis, the free tuition policy was discontinued under pressure from the federal government, the financial community that had a role in rescuing the city from bankruptcy, and New York State, which would take over the funding of CUNY's senior colleges. Tuition, which had been in place in the State University of New York system since 1963, was instituted at all CUNY colleges.

Meanwhile, CUNY students were added to the state's need-based Tuition Assistance Program, or TAP, which had originally been created to help private colleges. Full-time students who met the income eligibility criteria were permitted to receive TAP, ensuring for the first time that financial hardship would deprive no CUNY student of a college education. Within a few years, the federal government would create its own need-based program, known as Pell Grants, providing the neediest students with a tuition-free college education. By 2011, nearly six of ten full- time undergraduates qualified for a tuition-free education at CUNY due in large measure to state, federal and CUNY financial aid programs. CUNY's enrollment dipped after tuition was re-established, and there were further enrollment declines through the 1980s and into the 1990s.

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