Legislative leaders in Albany said Wednesday they were nearing final agreements on tuition increases at New York's universities expected to pass legislation late Wednesday or Thursday.
Lawmakers and Governor Andrew Cuomo reached a tentative deal to increase public college tuition by $300 a year for five years. The hike would boost the cost of SUNY and CUNY to about $6,470 a year after five years — up from the $5,000 it costs now.
The plan is scaled back from one that would have established "differential tuition" by allowing SUNY centers in Buffalo, Albany, Binghamton and Stony Brook to charge higher tuition than other SUNY campuses.
SUNY Chancellor Nancy Zimpher, Board of Trustees and Student Assembly have voiced support for a gradual tuition hike of 5.5 percent a year for five years. A $300 increase would mean a 6 percent increase this year.
SUNY spokesperson Morgan Hook declined to comment on the tentative agreement as official details had not been released.