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APRIL 1998

Legislature approves increase in maximum TAP aid

The Legislature has approved an increase to the maximum award available to students under the state's Tuition Assistance Program (TAP). The Council had strongly advocated the increase.

TAP provides financial aid to needy New York students who attend the state's private and public colleges and universities. The Legislature has voted to increase the top TAP award from $3,900 to $4,125.

"New York is very fortunate to have widely acclaimed public and independent colleges and universities," Daniel B. Walsh, president of The Business Council, said in a March 27 letter to key legislators in which he urged the TAP increase.

"This gives our students great options, and helps them pursue their higher education within our state boundaries. That's a plus for the state workforce - because students tend to remain near where they went to college," he added.

TAP aid goes directly to students, not to institutions, and it increases the range of options for students whose choices would otherwise be most limited, Walsh noted.

April 16, 1998