New College of Florida is seeking a $400 million state investment over the next five years to help it boost enrollment and compete with other liberal arts colleges, a highly unusual amount for a public institution with roughly 700 students. New College’s president, former Florida House speaker Richard Corcoran, presented a plan to reach 1,200 students by 2028 to the State University System of Florida’s board of governors Wednesday. The college had 669 students in 2022. The 74-page document stressed the college needed $400 million at minimum to meet its goals.