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 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.

How do you win the 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 does not exceed $125,000 (in the tax year 2021) and you complete thirty (30) credits per year ...

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.

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.

Excelsior Scholarship - What to know!

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 college expenses does the Excelsior Scholarship cover specifically?

The Excelsior Scholarship covers any remaining tuition expenses up to $5,500. In instances where tuition expenses exceed the total financial aid a recipient is awarded, a tuition credit will be applied to the remaining balance.

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

If you fail to complete 30 credits over a 365-day period, the Excelsior Scholarship will cover your first term; however, you will be responsible for the tuition liability for your second term.

Do you have to stay in New York after Excelsior Scholarship?

The Excelsior Scholarship requires recipients, upon graduation, to live and, if employed, work in New York State for as many years as the aid was received. Failure to do so could trigger the grant converting to a loan.

What happens if you drop out with Excelsior Scholarship?

If you do not earn 30 credit hours each year you will lose the Excelsior Scholarship and may not be able to reinstate it. After graduation, you must live and be employed (if working) in New York State for the number of years you received the scholarship.

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.

When did Excelsior Scholarship start?

On April 11, 2017, New York became the first American state to make four-year public colleges tuition-free for those under an earnings threshold.

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.

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.

How many students attend Excelsior College?

The total enrollment at Excelsior College in 2021, both undergraduate and graduate, is 17,166 students. The full-time enrollment at Excelsior College is 0 and the part-time enrollment is 17,166.

How much does Excelsior Scholarship cover reddit?

excelsior only covers tuition so you will never get extra money if you have the scholarship. you'll actually still be on the hook for student fees if you get the scholarship. also, since fin aid covers everything they will not give you the scholarship, because you don't need it.

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.

Is college free in NYC?

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 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.

Will I lose my scholarship if I fail a semester?

When it comes to scholarships, they may be merit-based, or contingent on your grades and academic achievement. Therefore, if you fail, you could lose the scholarship, or even worse, have to pay back any money that has already been issued.

What happens if I drop below 12 credit hours?

What happens if you: Drop below full time status (less than 12 credits per term): Pell Grant: If you drop below full time status before the end of the add/drop period, the amount will be pro-rated. You will receive 3/4 of the award amount for 9-11 credits, or 1/2 of the award for 6-8 credits.

Do you lose scholarships if you fail?

To maintain your eligibility for financial aid, you must meet specific academic requirements throughout your time in school. If you fail classes or need to complete more credits, you may lose your scholarships, grants or loans.

Does Excelsior pay for study abroad?

Financial aid such as Pell grants, TAP awards, the Excelsior Scholarship, and subsidized loans may be applied to approved study abroad experiences that award credit and that last for at least one semester.

Is NYU free for New York residents?

President Linda G. Mills has expanded this commitment by announcing the NYU Promise. Starting in Fall 2024, all undergraduates who start as full-time first year students in New York will not have to pay tuition if they have family income under $100,000 and hold typical assets.