Do you have to stay in New York after 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.

How long do you have to stay in NY after Excelsior Scholarship?

Recipients must live and work, if employed, in New York State for the same number of years that the Excelsior Scholarship was received. Failure to meet this requirement will result in the value of the award being converted to a zero-interest loan.

What happens if you move out of New York Excelsior Scholarship?

The post-award residency requirement begins when you are no longer receiving an award. You will have up to six months after your last award payment has made before you must live in NYS to fulfill the residency requirement. In addition, if you are working during those years, you must work in New York State.

What are the cons of the Excelsior Scholarship?

UNSTABLE BENEFITS. Students who qualify for Excelsior benefits receive a valuable financial aid grant – but an unstable one as well. Students must maintain a pace of 30 credit hours per year and remain on track for an on-time graduation or else permanently lose access to the program.

What are the post award obligations for Excelsior Scholarship?

You must live in New York State for the number of years equal to awards you received. For example, if you received four Excelsior Scholarship awards while getting your bachelor's degree, you must live in New York State for four years after college.

Excelsior Scholarship - What to know!

What is the acceptance rate for the Excelsior Scholarship?

ALBANY — A study released Friday showed that 32 percent of those who applied for the new Excelsior Scholarship last year were admitted to the program, put forth by Gov. Andrew Cuomo as a "free tuition" initiative for students from low-income households.

What happens if you fail a class with the Excelsior Scholarship?

If you fail to complete the 30 credits over a 365 day period, the Excelsior Scholarship will cover your first term; however, you will be responsible for the tuition for your second term. Since you will no longer be on track to complete your degree on time, you will be ineligible for the scholarship in the future.

What is the controversy with Excelsior College?

In the complaint, filed in a federal district court in New York, 17 former students in Excelsior's associate degree program in nursing from 11 different states say the college sold them “ an 'educational' program that was devoid of any education, and ... an 'objective' test, which was anything but objective.” The ...

Is the Excelsior Scholarship competitive?

Excelsior's eligibility criteria and application process make it hard to access. Urban's analysis shows that a low percentage of eligible students receive the award. Approximately 25 percent of eligible first-year students receive the award, with lower rates for Black, Hispanic, and community college students.

Is a degree from Excelsior College respected?

Excelsior University is an accredited, not-for-profit online institution focused on helping adults complete their degrees and advance their careers.

How does the NYS Excelsior Scholarship work?

A recipient of an Excelsior Scholarship is eligible to receive award payments for not more than two years of full-time undergraduate study in a program leading to an associate's degree or four years of full-time undergraduate study, or five years if the program of study normally requires five years, in a program ...

Can you get a refund from Excelsior Scholarship?

Excelsior Refund Request

Students needing a refund based on the Excelsior Scholarship and or Excelsior Tuition Credit estimates must request the refund using the Refund Request-Excelsior form. The Excelsior scholarship eligibility requirements may be found online at NYS Higher Education Services Corporation.

How do I withdraw from Excelsior College?

Students who wish to withdraw from the University should either use the online withdrawal request form located in the MyExcelsior portal or send a signed request to the Office of The Registrar.

What is ny Excelsior Scholarship 2023 24?

In order to complete the 2023-2024 application, you will need to: Complete the 2023-2024 Free Application for Federal Student Aid (FAFSA) and the 2023-2024 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 long does it take to hear from Excelsior Scholarship?

Q: When will I be notified of my actual Excelsior award? Award amounts should become available in August and are released on a rolling basis. Students will be notified as their awards become available as well as any necessary aid adjustments.

What is considered a full time student at Excelsior College?

Undergraduate-Level Programs

Excelsior schedules three trimesters in an academic year: fall, spring, and summer. At Excelsior the standard academic year is two of the University's 16-week Trimesters. Full-time status for each trimester at the undergraduate level must have a minimum of 12 credit hours.

Does Excelsior Scholarship cover room and board?

The Excelsior Scholarship covers tuition only. You would be responsible for college fees and other costs such as room and board.

What is the income limit for the Excelsior Scholarship?

The Excelsior Scholarship program, in combination with other student financial aid programs, allows students who are New York State residents, and whose families earn $125,000 or less annually to attend SUNY Poly tuition-free.

What is the hardest college to get a scholarship?

The list, compiled using offer information from Rivals, lists Stanford as the hardest scholarship offer to get, as David Shaw and his staff offered just 69 prospects. The top five is rounded out by Washington (80), Oklahoma State (91), Northwestern (102) and Miami (117).

What is the class action lawsuit against Excelsior College?

A class-action lawsuit filed against Excelsior College alleges that although the college has an “easy admissions policy,” graduating from its online associate degree in nursing program is difficult by design.

Is Excelsior College a diploma mill?

Excelsior is not a “diploma mill” as some think. It is a non-traditional institution where you can get credit for life experiences, combine credits from different colleges, and use CLEP and GRE's to assist in earning your degree.

Is Excelsior Scholarship only for SUNY schools?

Applications Accepted Through February 2, 2024

The Excelsior Scholarship, in combination with other student financial aid, allows eligible full-time students to attend a SUNY or CUNY two-year or four-year college tuition-free.

Who qualifies for free college in NY?

Enroll at a 2-year or 4-year CUNY or SUNY college. Be pursuing an associate's or bachelor's degree. Attend school full time. Earn $125,000 or less (household federal adjusted gross income)

What is the income limit for free SUNY tuition?

Leading the Way to College Affordability

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.

What is the passing grade for Excelsior College?

Excelsior University has a basic definition of good academic standing which applies to all enrolled students. This definition requires students to maintain at least a 2.0 grade point average on a 4.0 scale to be considered in good academic standing.