The CUE Studio Residency Program affords a diverse and underserved array of artists the opportunity to produce work in the heart of New York's vibrant Chelsea art district, and provides these artists with time and space to research, develop and produce ongoing or new bodies of work. Five artists per year are chosen for five separate 10 week residencies residencies, where they have unlimited access to a dedicated studio. Selected artists are encouraged to participate in the Foundation's educational program with middle and high school students. In this capacity, they assist teachers with the classes existing art curriculum, as well as recommend projects to further the students' appreciation of art. In addition to the use of the space, every effort is made to introduce participants to prominent individuals in the artistic community to help them establish professional connections. Participants are also required to host at least one open studio session during their residency. They are also strongly encouraged to be present for all events that take place at the Foundation, and to maintain an open studio policy while working.

The studio is a 400 sq ft work-only space located on the Foundation's lower level adjacent to staff offices. Successful applicants are required to provide their own accommodation. A stipend of $1,200 is granted to help offset costs associated with the residency. Access is 24 hours a day, 7 days a week. Studios are furnished with a desk and chair, ventilation, slop sink, shelving small fridge and shared bathroom facilities.

Selection is by a panel of jurors chosen by the Foundation that rotates annually.