{"id":16078,"date":"2021-05-13T12:00:58","date_gmt":"2021-05-13T16:00:58","guid":{"rendered":"https:\/\/chronicle.hvcc.edu\/wpdev\/hudson-valley-among-colleges-receiving-part-of-1-9-trillion-american-rescue-plan\/"},"modified":"2021-05-13T12:00:58","modified_gmt":"2021-05-13T16:00:58","slug":"hudson-valley-among-colleges-receiving-part-of-1-9-trillion-american-rescue-plan","status":"publish","type":"post","link":"https:\/\/chronicle.hvcc.edu\/wpdev\/hudson-valley-among-colleges-receiving-part-of-1-9-trillion-american-rescue-plan\/","title":{"rendered":"Hudson Valley among colleges receiving part of $1.9 trillion American Rescue Plan"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><strong>Capital Region colleges are getting $143M in federal pandemic relief<\/strong><br \/>\nJustin Dawes\u00a0\u00a0\/ Albany Business Review \/ May 12, 2021<\/p>\n<p>Colleges and universities in the Capital Region are getting more than $143 million in the latest round of federal pandemic relief funding.<\/p>\n<p>Nearly\u00a03,500 public and private colleges and universities nationwide\u00a0are getting $36 billion as part of the $1.9 trillion\u00a0American Rescue Plan relief\u00a0package signed in March.<\/p>\n<p>At least half of the funding each institution receives must go toward emergency cash assistance grants for students who need it.<\/p>\n<p>The funding comes after a year of pandemic-induced financial strain, forcing institutions to\u00a0take measures\u00a0for their own long-term financial sustainability. UAlbany recently said it has $8 million to go to reach a\u00a0budget reduction target of $33 million. And The College of Saint Rose made cuts last year to combat a projected\u00a0budget deficit of $15.8 million.<\/p>\n<p>Here is a breakdown of how much money each Capital Region institution is getting from the latest round of relief:<\/p>\n<p>Albany College of Pharmacy and Health Sciences, $2,374,390<br \/>\nAlbany Law School, $324,909<br \/>\nAlbany Medical College, $548,501<br \/>\nCollege of Saint Rose, $9,324,647<br \/>\nExcelsior College, $2,092,252<br \/>\nFulton-Montgomery Community College, $5,325,807<br \/>\n<strong>Hudson Valley Community College, $18,397,446<\/strong><br \/>\nMaria College, $2,421,762<br \/>\nRensselaer Polytechnic Institute, $13,642,165<br \/>\nRussell Sage College, $4,953,656<br \/>\nSchenectady County Community College, $9,473,257<br \/>\nSiena College, $6,901,679<br \/>\nSkidmore College, $4,175,642<br \/>\nState University of New York at Albany, $44,253,101<br \/>\nSUNY Empire State College, $14,846,000<br \/>\nUnion College, $3,050,052<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Published:<\/strong>\u00a0Thu, 13 May 2021 12:00:58 +0000 by\u00a0d.gardner<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Capital Region colleges are getting $143M in federal pandemic relief Justin Dawes\u00a0\u00a0\/ Albany Business Review \/ May 12, 2021&hellip;<\/p>\n","protected":false},"author":2086,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[133],"tags":[],"class_list":["post-16078","post","type-post","status-publish","format-standard","hentry","category-in-the-news"],"_links":{"self":[{"href":"https:\/\/chronicle.hvcc.edu\/wpdev\/wp-json\/wp\/v2\/posts\/16078","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/chronicle.hvcc.edu\/wpdev\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/chronicle.hvcc.edu\/wpdev\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/chronicle.hvcc.edu\/wpdev\/wp-json\/wp\/v2\/users\/2086"}],"replies":[{"embeddable":true,"href":"https:\/\/chronicle.hvcc.edu\/wpdev\/wp-json\/wp\/v2\/comments?post=16078"}],"version-history":[{"count":0,"href":"https:\/\/chronicle.hvcc.edu\/wpdev\/wp-json\/wp\/v2\/posts\/16078\/revisions"}],"wp:attachment":[{"href":"https:\/\/chronicle.hvcc.edu\/wpdev\/wp-json\/wp\/v2\/media?parent=16078"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/chronicle.hvcc.edu\/wpdev\/wp-json\/wp\/v2\/categories?post=16078"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/chronicle.hvcc.edu\/wpdev\/wp-json\/wp\/v2\/tags?post=16078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}