Eight proposals for the use of tax-levy funds in the support of postsecondary education are examined. Tax-levy funds are the major source of revenue for the institutions of the State University of New York and the City University of New York. The eight proposals are as follows: Tuition Offset Grants Plan, Student Access Grants Plan, Cost of Education Plan, Bundy Aid Program Revision Proposals, Eggers Formula, Regents Plan, Voucher Plan, and Student Aid Voucher Plan. For each plan, the objective formula, and mode of distribution are described, together with an estimate of costs for the fiscal year ending in 1977. Four of the plans are intended to supplement present programs of state aid to postsecondary education; two are intended to formulate guidelines for the overall level of state funding to the independent sector; and two, the Voucher Plan and the Student Aid Voucher Plan, are intended to replace the entire state budget of appropriations (with the exception of capital construction and opportunity program appropriations) to postsecondary education on the undergraduate level, both public and independent. (SW)