How long do you have to live in New York 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.

How long do you have to stay in New York for Excelsior Scholarship?

If you are claimed as a dependent by your parent(s) and your parent(s) resided in New York State for 12 or more continuous months at the time you applied for the Excelsior Scholarship, you will be determined to meet the NYS residency requirement.

How does the NY 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 ...

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.

How many people get nys Excelsior Scholarship?

Thanks to New York State's generous higher education funding programs, in 2021-22, more than 263,000 students received state financial aid, including approximately 30,000 students who attended a SUNY or CUNY college tuition-free because of the Excelsior Scholarship.

The most useless degrees…

What are the chances of getting the Excelsior Scholarship?

At ten CUNY schools, fewer than 2 percent of enrolled students received funds. At three CUNY community colleges, fewer than 61 students obtained an award. Overall, of the seven community colleges in New York City, just 820 students received an Excelsior Scholarship this year.

What is the acceptance rate for Excelsior College?

The Excelsior acceptance rate is 100%. Popular majors include Liberal Arts and Humanities, Nursing, and Business. Excelsior alumni go on to earn a starting salary of $54,700.

Who qualifies for free college in NY?

Be pursuing an associate's or bachelor's degree. Attend school full time. Earn $125,000 or less (household federal adjusted gross income) Complete the Free Application for Federal Student Aid (FAFSA) and the Tuition Assistance Program (TAP) application.

Why am I ineligible for Excelsior Scholarship?

Students must be enrolled full-time (12 credits) and earn thirty (30) credits per year toward their major, including summer and winter terms, in order to receive the Excelsior Scholarship. Students facing hardship are able to take fewer credits.

Are SUNY schools free for NY residents?

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.

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.

Is Excelsior college accredited?

Excelsior University is an accredited, not-for-profit distance learning institution founded in 1971 focused on providing educational opportunity to adult learners.

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.

What does Excelsior mean in New York State?

The banner shows the State motto--Excelsior--which means "Ever Upward" and E pluribus unum—which means "Out of many one." E pluribus unum was added as part of FY 2021 Enacted Budget.

Is college free in New York State?

In 2017, the state of New York's Excelsior Scholarship made headlines when it became the first in the nation to cover four years of tuition without being tethered to academic performance. New York initially said more than 940,000 students with family incomes up to $125,000 could qualify.

Is the Excelsior Scholarship only for SUNY schools?

The Excelsior Scholarship provides tuition awards to eligible students attending New York State's public colleges and universities (SUNY and CUNY).

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.

Should I apply for scholarships I am not eligible for?

If you don't meet a particular scholarship's criteria perfectly, it's a good rule of thumb to not apply. The competition for scholarships are fierce and you will be contending with other students who actually perfectly match the requirements.

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

Excelsior Scholarships cannot be used for summer or winter session tuition costs. Students who fail to complete 30 credits within 365 days will receive the first payment (typically fall), however, they will forfeit the second payment (typically spring), and all future payments.

Where is college free in the world?

State universities in the Czech Republic, Finland, Germany, Iceland, Norway, Saudi Arabia and Sweden do not charge international students with tuition fees for Ph.D. degrees and in some cases for bachelor's and master's degrees as well.

Do parents have to pay for college in NY?

While New York recognizes the importance of college education, it does not mandate parents to pay for it. The court considers various factors to determine whether to allocate college expenses as part of child support, and the amount is typically based on the parent's financial resources and the child's circumstances.

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.

Is Excelsior a College or university?

Excelsior College became Excelsior University on August 1, 2022.