ITHACA, N.Y. (WHCU) – Governor Kathy Hochul announced on Wednesday that $63.6 million dollars is heading to colleges and universities in New York.

The money will be used to make infrastructure improvements through the Higher Education Capital Matching Grant Program. Cornell University is getting an award of $4,774,436 to renovate the basement and first floor of one of its libraries. Schools that receive grants are required to invest $3 of their own funds for every $1 of state funds they receive.

“New York’s colleges and universities are second to none, and thanks to more than $60 million in state capital funding, we are making transformative renovations at top schools across the state so that they can continue to raise the bar,” said Hochul. “From the purchase of cutting-edge scientific equipment to overhauling libraries and student centers, these investments will take our institutions to the next level and ensure that students pursuing higher education in New York State have access to the very best resources and facilities.”