If you are in an opportunity program, the Excelsior Scholarship program allows five years to complete your degree on time (which requires completion of the equivalent of 24 credits each academic year).
How long does the Excelsior scholarship take to process?
Please allow 7-10 days for the FAFSA and NYS to process before completing the Excelsior application. Students should plan accordingly to ensure the Excelsior deadline is met.
Does everyone get the Excelsior scholarship?
The Excelsior Scholarship is not free college.
In fact, 66 percent attend tuition-free, covered by Pell Grants and Tuition Assistance Program grants, while nearly half come from families with household incomes of less than $30,000, making them eligible to receive “full” financial aid.
How many Excelsior scholarships have been awarded?
The Excelsior Scholarship program awarded 20,086 scholarships in 2017-18, 3.2 percent of the 633,543 undergraduate students in New York. Just 20.7 percent of all scholarship recipients statewide are enrolled at CUNY, even though CUNY students make up 38 percent of all undergraduate enrollment in the state.
Will there be an Excelsior Scholarship 2020?
Download the 2020-21 Excelsior Scholarship Handout.
The Excelsior Scholarship applies to tuition only and does not cover the other costs of college. To learn more about other college expenses such as fees, room and board, textbooks, and more, visit our Tuition and Fees page.
Do I have to apply for Excelsior scholarship every year?
2.2 Returning Excelsior Scholarship Recipients Returning Excelsior Scholarship Recipients are not required to complete the Excelsior Scholarship application in any subsequent year, even if they have received a $0 award in any previous year.
Is there a GPA requirement for Excelsior scholarship?
Do I need a certain grade point average to get or to keep the Excelsior Scholarship? Award recipients need to earn a minimum of a 2.0 GPA to maintain their Excelsior Scholarship award provided they earn 30 credits over the course of a year.
How do you qualify for Excelsior scholarship?
- be a resident of NYS and have resided in NYS for 12 continuous months prior to the beginning of the term;
- be a U.S. citizen or eligible non-citizen;
Is Excelsior scholarship the same as tap?
You do not have to receive a TAP award to be eligible to receive an Excelsior Scholarship. However, a student who does receive a TAP award will have their Excelsior Scholarship reduced by the amount of their TAP award.
How do I get Excelsior scholarship?
In order to complete the application, you will need to: Complete the 2020-2021 Free Application for Federal Student Aid (FAFSA) and the 2020-2021 Tuition Assistance Program (TAP) Application. Apply for the NYS Excelsior Scholarship via HESC at: www.hesc.ny.gov/excelsior, if you are a New York State resident1.
How do you know if you get the Excelsior scholarship?
A student who transferred between colleges is eligible for an Excelsior Scholarship provided they do not have a break in enrollment and are on track to complete their Associate’s degree in 2 years or their Bachelor’s degree in 4 years based on the number of credits accepted by their current college.
How do you qualify for free tuition in New York?
Under this groundbreaking program, more than 940,000 middle-class families and individuals making up to $125,000 per year will qualify to attend college tuition-free at all CUNY and SUNY two- and four-year colleges in New York State. The new program begins in the fall of 2017 and will be phased in over three years.
Is the Excelsior scholarship taxable?
It is regressive.
But in contrast to those programs, the net value of the Excelsior Scholarship increases with the gross income of the recipient’s tax-filing household—regardless of family size, living expenses, or marital status—before abruptly dropping to zero once income tops $125,000.
How much is the Excelsior scholarship?
How much can I receive from the Excelsior Scholarship? An Excelsior Scholarship recipient can receive up to $5,500 from the Excelsior Scholarship, minus any amounts received for TAP, Pell or other scholarships. The remainder of your tuition charge will be covered through a tuition credit paid through SUNY or CUNY.
Is the Excelsior scholarship for private schools?
The ETA program is the private school counterpart to Cuomo’s Excelsior Scholarship program that offers free tuition to students attending the state’s public colleges and universities. … Only students who live in the state are eligible to apply.
Is Excelsior College a good school?
Even though my degree program was online, the coursework was rigorous and I felt like it prepared me for a real-world career. Overall, I enjoyed my experience with Excelsior College and I would recommend it to other busy adults or college students looking for an affordable alternative to earning a degree.”