A provision in the recently approved New York state budget will eliminate aid to private colleges and universities with endowments of at least $750 million — including Columbia University and NYU.
The $18 million cut in aid whacked 16 different schools throughout the Empire State, leaving some higher-education officials fuming.
Hochul initiated the cut in her executive budget and the Assembly and Senate caved after some initial resistance, sources said.
The budget reduced NYU’s funding by roughly $4.7 million and Columbia’s by $3.25 million, according to esitmates by the Commission on Independent Colleges and Universities.
Both schools have been engulfed by anti-Israel demonstrations that have provoked tensions and hostilities on campus, triggered arrests and subjected Jewish students to rampant antisemitism, critics said.
Aid to New York’s upstate Ivy league school also grappling with protests — Cornell University — was trimmed by $1.8 million, according to CICU.