New York – New York State has opened applications for the Excelsior Scholarship which allows qualified full-time students to attend a SUNY or CUNY two-year or four-year university at no cost in the spring of 2023. Tuition, Gov. Cathy Hochul announced Tuesday.
“Since its inception, the Excelsior Scholarship has provided thousands of students from low- and moderate-income families with the opportunity to receive a quality, tuition-free education,” said Governor Hochul. “By reducing the financial burden associated with the cost of attending college, students and their families can focus on their education, giving New York students every opportunity to climb the ladder to success.”
Applicants have until the midnight of February 9, 2023, to apply for the scholarship.
It is important to note that the application is for current students and those starting college in the spring of 2023. Students planning to start college for the autumn term of 2023 should not complete the application at this time. Excelsior 2023-2024 applications will open in the late spring of next year. Current Excelsior recipients also need not complete this application.
Here is everything you need to know about the scholarship and how to apply:
What is Excelsior Scholarship?
The Excelsior Scholarship, in conjunction with other student financial aid programs, allows students to attend a SUNY or CUNY college tuition-free. The program covers tuition for eligible SUNY and CUNY students.
Who is eligible?
Students from families with a federal adjusted gross income of up to $125,000 qualify for the Excelsior Scholarship for Spring. Students should also:
- Plan to attend a SUNY or CUNY two- or four-year college, including community colleges and the charter colleges of Cornell University and Alfred University.
- Complete 30 credits per year for your program of study (including summer and winter terms). Enroll in at least 12 credits per term.
- Be on track to graduate with an associate’s degree in two years or a bachelor’s degree in four years.
- Be a New York State resident and have lived in New York State for 12 consecutive months prior to the beginning of the term.
- Be a US citizen or eligible non-citizen.
- Have graduated from high school in the United States, have earned a high school equivalency diploma, or “passed”profit potential“Approved by the federal government, as defined by the commissioner of the state education department.
- If you attended college prior to the 2022-23 academic year, prior to applying for the Excelsior Scholarship, you must have earned at least 30 credits in each year (sequentially) that applies to your degree program.
- Be in non-default status on student loans incurred under any federal or New York State educational loan program or in payment of any New York State award.
- Be in compliance with the terms of service enforced by any New York State award you previously received.
- Execute a contract agreeing to reside in New York State during the time period in which the scholarship is received and, if employed during that time, be employed in New York State.
Applicants who first enrolled in the university on or before 2019 (in an approved five-year program or opportunity program in 2018 or earlier) are not eligible to apply. You can visit this website to view other New York State opportunities.
How much is the scholarship?
The Excelsior Scholarship covers any remaining gap in tuition expenses of up to $5,500 after other federal and state grants and scholarships have been applied.
To determine the award amount, the tuition fee charged* for the first academic year is subtracted from the total dollar amount awarded from other student financial aid awards, including Tuition Assistance Program (TAP) awards. Pell Grant from New York State and/or a federal. The Excelsior Scholarship covers the remaining tuition expenses of up to $5,500. In cases where tuition expenses exceed the total amount of financial aid awarded to the recipient, a tuition credit will be applied to the remaining amount.
*Tuition fees are based on the 2022-23 resident tuition rate charged by SUNY ($7,070) or CUNY ($6,930).
**Note: Any scholarship payment received may have tax implications. Any questions regarding this should be directed to a tax professional, the Internal Revenue Service, or the New York State Department of Taxation and Finance.
How can I apply for the scholarship?
The application is used to establish your eligibility for the Excelsior Scholarship. If additional documentation is required, you will be asked to submit it electronically to expedite the process.
Visit this website to start the application process.
What if I qualify for the Excelsior Scholarship but am undecided?
Students who qualify for the New York State Senator Jose Peralta Dream Act Excelsior Scholarship can apply here.
Till when can I fill the application?
The last date of application is February 9, 2023 midnight.
An applicant who is not on track to complete an associate’s degree in two consecutive years or a bachelor’s degree in four consecutive years (required to complete the equivalent of 30 credits in each academic year) qualifies to apply for Excelsior Anyone can make up the missing credits to get by. Scholarship. If you successfully earn additional credits during an academic term or year and get back on track to complete your degree on time, you will need to reapply to potentially receive the Excelsior Scholarship for the remainder of your degree program Have to do
If you are in an Opportunity Program, the Excelsior Scholarship Program allows you to complete your degree on time in five years (requiring the completion of the equivalent of 24 credits each academic year).
five year undergraduate program
If you are in an undergraduate program of study that normally requires five years, the Excelsior Scholarship Program allows five years to complete your degree on time (completing the equivalent of 30 credits each academic year needs to be done).
Students with Disabilities Under the Americans with Disabilities Act of 1990
To qualify for an Excelsior Scholarship, students with disabilities who qualify under the Americans with Disabilities Act who are attending less than full-time must register with their university’s Office for Students with Disabilities.
If you are a student with a disability under the Americans with Disabilities Act, the Excelsior Scholarship Program requires that you be continuously enrolled and meet the number of attempted credits each semester to satisfy the on-time degree completion requirement Do it. If you have not earned credit for all courses attempted, you may make up any missing credits by earning additional credits during the summer and/or winter semester and getting back on track with previously missed credits.
For more information, visit New York State Student Financial Aid Programs and Students with Disabilities.
An Excelsior Scholarship recipient may receive scholarship payment for no more than two years of full-time undergraduate study in a program leading to an associate’s degree or four years of full-time graduate study, or five years if the program of study normally spans five years is needed. , in a program leading to a bachelor’s degree.
Recipients must complete the Free Application for Federal Student Aid (FAFSA) and the New York State Student Aid Payment Application each year in order to receive award payments.
Where can I find more information?
For more information about the scholarship visit here.