$49 million NYS capital grants to strengthen private, not-for-profit colleges and universities
Grants Will Modernize Campuses, Enhance Student Experiences and Drive Statewide Economic Growth
Full List of Awardees Available Here
NYS News Release – Oct. 24, 2025 – Governor Kathy Hochul today announced $49 million in capital grants for 35 colleges and universities across New York State through the Higher Education Capital Matching Grant Program (HECap). The funding supports projects that will upgrade facilities, create modern laboratory and research spaces, and invest in cutting-edge instructional technology and equipment — ensuring that New York’s higher education institutions remain at the forefront of innovation and opportunity.
“New York’s independent colleges and universities are engines of innovation that prepare our students for success and strengthen communities in every region of the state,” Governor Hochul said. “By investing in modern classrooms, laboratories and facilities, we’re ensuring that students have access to the tools and environments they need to thrive. These projects stand for our ongoing commitment to keeping New York at the forefront of education and economic opportunity.”
Under the Governor’s leadership, HECap grants continue to enable campuses statewide to make critical investments in their infrastructure and equipment while creating construction jobs and supporting regional economic development. Campuses that receive HECap grants are required to invest at least $3 of their own funds for every $1 in state funds received.
When combined with the colleges’ matching funds, more than $195 million will be invested in New York’s higher education communities through this round of awards.
Selected Award Amounts Include:
- Clarkson University: Phase One Renovations to the Engineering and Science Complex, $5 million
- Hobart and William Smith Colleges: Construction of a New Science Building and adjacent science facilities, $5 million
- D’Youville: Renovations to a building to support The College of Osteopathic Medicine, $5 million
- Molloy University: Construction of the Center for Workforce Development in Applied Laboratory Sciences, $5 million
- Marist University: Construction of New Athletic Fields and Track, $2.8 million
- Russell Sage College: Renovations to Russell Sage Hall, $2.7 million
- St. John’s University: Renovations to Marillac Hall to create a Technology Hub, $1.85 million
- Cornell University: Library Renovations, $1.75 million
- Long Island University: Construction of a Lab for Immersive and Experiential Learning, $1.5 million
The funds were awarded at the October 20 meeting of the HECap Board following a competitive application process. The three-member HECap Board includes one member chosen by the Speaker of the Assembly, one member chosen by the Temporary President of the Senate, and a third member chosen by the Governor. DASNY acts as staff to the HECap Board and administers the program. The HECap Board also approved the release of the Round 8 Request for Applications, which will open on December 12, 2025.
A request for grant applications for the next competitive round was also approved at the meeting. Since its inception in 2005, the State of New York has awarded $369.8 million in funding to 318 projects through HECap, resulting in more than $1.48 billion in total investments in higher education capital improvements statewide.
Posted: October 24th, 2025 under Education News, Northern NY News, State Government News, Statewide News.