Governor Andrew Cuomo announced Tuesday that New York will increase funding for the Tuition Assistance Program (TAP).

This is the first time in 14 years there has been a raise in the aid. The maximum TAP award is now $5,165, up from $5,000. With the increase, New York has allocated more than a billion dollars for grants and scholarships to New York students.

Last year 400,000 New York students were awarded TAP grants.

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