EAST FORDHAM - Hundreds of Bronx students walked out of class yesteday in an effort to save the Metropolitan Transportation Authority's free student MetroCard program.

The MTA has threatened to cut the program, citing its $800-million budget hole.

Many Theodore Roosevelt High School students who participated say they and their parents will have trouble paying for their transportation if the program is cut.

The free program is usually funded by the city, the state and the MTA. However, the transit authority says it cannot afford to pay its part, leaving the city and state to foot the bill.

Students also rallied at City Hall.