STATEN ISLAND, N.Y. — New York state will provide more funding to schools, introduce a plan to improve literacy, and will commission a study to ensure equitable funding formulas, according to education investments contained in the state budget.
Gov. Kathy Hochul announced the historic pre-K-12 education plans in the Fiscal Year 2025 enacted budget that includes nearly $36 billion in total school aid for the 2024-2025 school year — the highest level of school funding in the state’s history.
Hochul also signed her “Back to Basics” legislation to improve literacy among students, extend mayoral control in New York City schools for two more years, and commission a study to examine the Foundation Aid formula to ensure long-term fiscal sustainability. Additionally, Hochul has made the Free Application For Student Aid (FAFSA) a requirement for all high school students, while also offering more aid to students through the Tuition Assistance Program (TAP).
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