The Excelsior Scholarship provides tuition awards to eligible students attending New York State’s public colleges and universities (SUNY and CUNY). This scholarship, in combination with other student financial aid programs, allows students to attend a SUNY college tuition-free.
Does the Excelsior scholarship apply to private colleges?
Two-thirds of private college students in New York are from families that earn less than $125,000 annually — the same pool that is eligible for Excelsior.
Can you study abroad with the Excelsior scholarship?
2.8.6 Study Abroad
Excelsior Scholarship recipients are eligible to use their awards towards tuition whether the study abroad program host school is a public college, private college, located with New York State or outside of New York State or outside of the United States.
What is the income limit for Excelsior scholarship?
Income A recipient must have a combined federal adjusted gross income of $100,000 or less for the 2017-18 academic year, $110,000 or less for the 2018-19 academic year, and $125,000 or less for academic years 2019-20 and thereafter.
How long does it take for the Excelsior scholarship to process?
Students must complete an application for the Excelsior Scholarship. Students cannot submit the application until after their FAFSA and NYS applications are processed. Please allow 7-10 days for the FAFSA and NYS to process before completing the Excelsior application.
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;
Who qualifies for Excelsior scholarship?
You may be eligible for the Excelsior Scholarship, if you are an undergraduate who is a U.S. citizen or eligible noncitizen and reside in New York State for one year prior to enrollment and whose family’s adjusted gross income (as filed on your 2016 federal tax returns) does not exceed $110,000 and you complete thirty …
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.
Do I have to pay back the Excelsior scholarship?
After graduation, you must live and be employed (if working) in New York State for the number of years you received the scholarship. If you do not meet the residency requirement, it becomes a no-interest loan which you will then be required to pay back.
Does Excelsior cover full tuition?
The Excelsior Scholarship will cover the full-time resident tuition charged by SUNY ($6,470) or CUNY ($6,330) or the actual tuition charged, whichever is less.
Can I still apply for Excelsior scholarship?
The Excelsior Scholarship application period for the spring 2021 term only is now open through February 11, 2021.
What GPA do you need for Excelsior?
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 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.
How do I apply for Pell Grant 2020?
How do I apply? You should start by submitting a Free Application for Federal Student Aid (FAFSA®) form. You will have to fill out the FAFSA form every year you’re in school in order to stay eligible for federal student aid.
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 do I contact the Excelsior scholarship?
For questions on the Excelsior Scholarship process call, 1-866-431-4372 and select option 3 or email ExcelsiorAnswerCenter@hesc.ny.gov.