The New York Dream Act would allow undocumented students to qualify for financial aid, including loans and tuition grants. New York would be following the path of California, New Mexico, Minnesota, Texas and Washington. Recent New York State proposals would grant financial aid to students who graduated from a New York State high school after having attended at least two years or who received a New York State High School Equivalency Diploma. State Controller Thomas DiNapoli estimates this would cost about $27 million.