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The New York State Higher Education Capital (HECap) Matching Grant Program provides $425 million in matching capital grants for independent colleges and universities in New York State. Funded through DASNY, the program supports design, acquisition, construction, reconstruction, rehabilitation, and equipping of campus facilities.
Eligible projects include critical academic buildings, high technology and economic development initiatives, and urban renewal or historic preservation efforts that enhance academic programs, student life, or local economic growth. A state-appointed board reviews and approves applications.
This program offers significant capital investment opportunities for private higher education institutions seeking to modernize infrastructure and expand their programmatic offerings.
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New York State Higher Education Capital Matching Grant Program | DASNY New York State Higher Education Capital Matching Grant Program The Higher Education Capital (“HECap”) Matching Grant Program provides $425 million in matching capital grants to finance capital projects and equipment purchases by independent institutions of higher learning in New York State.
The HECap Program awards matching capital Grants to Colleges for the design, acquisition, construction, reconstruction, rehabilitation or equipping of a facility on or near a college campus within the State, including critical academic facilities, economic development and/or high technology projects and urban renewal and/or historical preservation projects that would enhance the programmatic offerings or the student life at the College or provide economic development benefits to the area surrounding such college campus.
The HECap Program is governed by the HECap Board (the “Board”). The initial meeting of the HECap Board was held on January 15, 2008, and the Bylaws as well as other operable documents were adopted. DASNY acts as staff to the Board.
The Board is comprised of three persons appointed by the Governor, one of whom is appointed upon the recommendation of the Temporary President of the Senate, and one of whom is appointed upon the recommendation of the Speaker of the Assembly. The HECap Act empowers and directs the Board to approve or deny applications received from Colleges for HECap Grants and to award such Grants totaling $425 million dollars.
For questions or to be added to the mailing list please email [email protected] .
Public Notice of Board Meetings & Webcasts Frequently Asked Questions Request for Grant Application New York State Life Sciences Public Health Laboratory Wadsworth Center, New York State Department of Health Notices of Public Hearings Notices of Public Hearings NYS Freedom of Information Law (FOIL) Find out how DASNY can assist your institution, or the institution you represent, with financing, design and/or construction services.
Based on current listing details, eligibility includes: Businesses in New York State. Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates Varies Always verify allowable costs, matching requirements, and funding caps directly in the sponsor documentation.
The current target date is rolling deadlines or periodic funding windows. Build your timeline backwards from this date to cover registrations, approvals, attachments, and final submission checks.
Federal grant success rates typically range from 10-30%, varying by agency and program. Build a strong proposal with clear objectives, measurable outcomes, and a well-justified budget to improve your chances.
Requirements vary by sponsor, but typically include a project narrative, budget justification, organizational capability statement, and key personnel CVs. Check the official notice for the complete list of required attachments.
Yes — AI tools like Granted can help research funders, draft proposal sections, and check compliance. However, always review and customize AI-generated content to reflect your organization's unique strengths and the specific requirements of the solicitation.
Review timelines vary by funder. Federal agencies typically take 3-6 months from submission to award notification. Foundation grants may be faster, often 1-3 months. Check the program's timeline in the official solicitation for specific dates.
Many federal programs offer multi-year funding or allow competitive renewals. Check the official solicitation for continuation and renewal policies. Non-competing continuation applications are common for multi-year awards.