New York State Board of Regents Chancellor Merryl Tisch on Monday announced she is stepping down when her term ends next March. 

Tisch made the announcement at the board's monthly meeting in Albany.

She has taken heat in recent years over the state's shift to the Common Core Curriculum.

However, on Monday, she applauded the Board's accomplishments during her tenure - including raising test standards and getting education laws changed.

Now, Tisch says it is time for a change in leadership.

"I felt it would be important in the seat that I sit to serve out my term,” she said. “And so, I will serve out my term. Some chancellors step down from the board after they serve out their term, some do not. I think that's a personal decision. I've been on this board for 20 years and I think that sounds just about baked."

Many of Tisch's colleagues reacted to the news, including Governor Cuomo.

"Merryl Tisch is an extraordinary citizen,” Cuomo said. “This is a woman who gave her time and energy to public service, she did not have to do this. So I thank her very much for her service."

City Schools Chancellor Carmen Fariña said, “She has been a remarkable leader and will undoubtedly continue to be a champion for all students."

And former Mayor Michael Bloomberg also praised Tisch, saying, “Her leadership helped make New York a national leader in education reform, and helped millions of children learn the skills they need to pursue their dreams."

Tisch was elected Chancellor in 2009 and has served on the board since 1996.

Her term expires in March.