Statement from CICU Interim Dr. Drew Bogner on Higher Education Capital (HECap) Matching Grant Awards

News Date: 3/12/2021

Statement from CICU Interim Dr. Drew Bogner on Higher Education Capital (HECap) Matching Grant Awards: 

On Friday, March 12, 2021, the HECap board announced that 35 private, not-for-profit colleges and universities would be awarded $57.2 million in HECap grants.

“HECap stimulates the economy by matching private funds with public dollars to directly invest in communities and students. The critical funding announced today for private and not-for-profit colleges and universities across the state will enable our campuses to build and renovate facilities, invest in their local communities, and support thousands of jobs. The HECap program is a public-private partnership that works for New Yorkers. These awards will help ensure New York builds back better and remains a global leader in higher education and the innovation economy. On behalf of New York’s 100+ private, not-for-profit colleges and universities, we are grateful to the HECap board and our elected leaders for making this critical funding available."